SHOULD I SELL MY NORTH CAROLINA LAND NOW?

BEST TIME TO SELL LAND IN NORTH CAROLINA

This is a very important question to ask yourself when considering to sell your North Carolina land. Let’s suppose you own a farm in rural North Carolina. You are not really planning on moving back to the farm, you don’t farm it yourself, it is just kind of sitting there not being utilized or enjoyed by anyone in the family and let’s face it, farm rents are not that great. So you eventually come to the decision that you want to sell the farm sooner or later. Is it the right time to sell land in North Carolina? If you are looking for North Carolina land buyers, we can help with the decision. We pay cash quickly, are very fair with prices and are known for our honest assessments of land. Here are a few things to consider when deciding when is the best time to sell land in North Carolina.

The Basics

There are many factors at play that you must consider but let’s assume all of the personal, emotional, family, recreational, etc. motives to own land are now gone. The is strictly a business decision. Do I sell my North Carolina land now or wait to sell it later? You must weigh the following:

Land type- What is the highest and best use for the land
Current income from the land from rents for farming, hunting, etc
Overall state of the real estate market, in respect to that area, and that type of land
What could you accomplish with the money earned and the savings from not having to pay taxes and upkeep
Your overall investment strategy and time span to invest

The Details

There is obviously alot to consider when deciding to sell your land but in general, our opinion is that there has never been a better time to sell North Carolina land than right now. The market is red hot, in fact it is probably overactive but is actually showing signs of slowing down again, just like it did in 2007. It seems we are reaching the same inflection point we did before the crash of 2008 only this time feels much worse. Banks are somewhat open to lending money to strong buyers and there is an unhealthy abundance of cash in the market. In all, it feels like the last of a great market before the bubble bursts. You do not have to have many conversations before you start to realize that everybody is thinking this exact same thing.

We are actively buying land in North Carolina and most buyers we deal with are happy to re-invest that money elsewhere. We feel like now is the time to sell and if the market does decline again like in 2008, there may be another 10-12 years before prices return to today’s levels. If you are interested in selling your North Carolina land, we would love to take a look at your land and make you a FAST CASH OFFER. Of course, there is no obligation, no cost and no hassle, whatsoever. We look forward to hearing from you!