Three siblings inherited their father’s vacant land that he had used for hunting and camping. They had grown up camping on this land, and enjoyed many trips as a family. When the Dad passed, the three brothers inherited and held on to it thinking they would use it one day.
Over time, each relocated and no one used the land any longer. Taxes were rising each year, and the land was no longer being used. They also had a situation where a neighbor was using the property and didn’t want that to continue either.
They came to the difficult decision to sell…. difficult in the sense of all coming to agreement at the same time (they had never been in sync about it before).
This is something we see a lot. Many land owners don’t consider not only the cost to keep their land, but what they could be doing with the money from the land instead.
The three brothers owned her land for so long they were just used to paying taxes on it. Now, they’ve sold and not only have the extra money from the taxes they were paying each year, but they split the proceeds from the sale and are all enjoying the benefits of cash-in-hand.
A win/win all around!
What could you do with the extra cash? It’s a great question to ask.
If you’d like a cash offer on your property, please reach out and start a discussion. We are direct land buyers. There are no commissions or fees and no obligation whatsoever. Head on over to www.landsalesforcash.com to request a cash offer. Or call us at 757-908-3794!
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