THE TRUTH ABOUT "FAST CASH" LAND BUYERS

INTERESTED IN SELLING NORTH CAROLINA LAND? READ THIS ARTICLE FIRST!

Are you interested in selling land in North Carolina and want to learn the truth about “Fast Cash” land buyers? Are you receiving phone calls, letters and worst of all, unsolicited “offers” in the mail? As long time landowners ourselves, we are getting daily “offers” to buy our land, so many in fact they are becoming a nuisance. We decided to look further into this seemingly crooked business and and we learned some disturbing things. Please read on to learn THE TRUTH ABOUT “FAST CASH” LAND BUYERS.

The Ugly Truth

MOST “FAST CASH” LAND BUYERS NEVER INTEND ON BUYING YOUR LAND

Yep, the business model that has developed around sending letters, postcards and unsolicited written offers, known as “WHOLESALING”, is based around NOT buying land. Confused? Don’t be, it is rather simple actually.

With the exception of very, very few land buyers (NCLANDBUYERS being one of them), ALL of the companies that are plastering landowners with nuisance letters and phone calls are simply trying to get your land under contract, at a less than market price, so they can then market and resell the “contract” to another buyer for a profit or “spread”. There is NO intent of ever buying your land.

IS THIS EVEN LEGAL?

Unfortunately, in many states, it is legal. There has been some discussion in legal circles about how to eliminate it in North Carolina but as of now, it is legal, ASSUMING several contractual details that are RED FLAGS when dealing with a buyer.

The Red Flags

Out of state land “buyers” who contact you via letter, post card, an unsolicited written “offer”, or a telephone call from a foreign call center. These are ALL “WHOLESALERS” or “FLIPPERS” and have no intention of buying your land. You will never see, meet or interact with these “buyers”.
Does the contract have a long “due diligence period”? This is an inspection period that allows the “buyer” to back out of the deal prior to closing with zero penalty. This is basically the time period they use to shop the contract to other buyers.
Does the contract have an “assignment clause”? This is the BIG RED FLAG. The assignment clause allows the “buyer” to assign the contract to another party, without further permission from you. They do this at a higher price and then pocket the difference, without ever having to buy your land themselves.
Does their website look like everybody else? They are likely using a website design by Carrot or Lead Propeller, both are companies that build websites specifically for land flippers.
Does the contact NOT have any deposit money required? BIG RED FLAG.

WHAT ARE THE RISKS?

The two major risks are 1) selling your land well, well below true market value and 2) having a “WHOLESALER” tie up your land for months, while he is pretending to be a buyer, while he shops the land to other buyers. When he cannot find one, the contract will allow him to walk away without penalty while you have done nothing but waste time, energy and critical marketing energy trying to sell to them, while potentially missing a prime market to sell to a real buyer.

HOW IS NCLANDBUYERS DIFFERENT?

This one is easy. We are LOCAL, North Carolina natives. We farm, hunt, manage timber, and have owned land now for at least seven generations in North Carolina, going back to the 1700’s. We grew up on land, love land and simply want to buy more land for long term enjoyment for our family.

We buy land to own long term so there will NEVER be an”ASSIGNMENT” clause in our contract.

We pay market value since we are buying to own long term.

We have a local North Carolina real estate attorney handle all closings. No risk whatsoever.

INTERESTED IN A REAL OFFER FOR YOUR LAND (we actually BUY your land to keep and use long term)

Interested in selling your land and would like for us to make you a REAL offer for your land? We would love to be able to consider your land for purchase. There is NO RISK, NO OBLIGATION, NO COST and NO HASSLE. Just fill out the form below and you will hear back from us within 24 hours.

NCLANDBUYERS greatly appreciates the opportunity to discuss your land with you. If you are interested in selling your land and would like a serious, fast offer, please fill out the form below. If you have any other land needs we are more than happy to help. Even if we do not buy your land, we are always happy to help in any way we can. Just reach out to let us know how we can help or if you just want to chat about North Carolina land!