The closing process for vacant land is much easier than selling a house. The entire process usually only takes 2 to 4 weeks.
You won't need to travel to a title company to sell your land. The closing can be done 100% remotely. This is called a "mail away" closing. This is where the title company mails everyone the documents that need to be signed.
If you received an offer from us, you will need to sign the purchase agreement to sell your land. All of the owners will need to sign the agreement.
We give you multiple ways to return the agreement. You can sign it and mail it back to us. We also accept documents via email or fax. You could even take a picture of it and text it to us.
If you need help returning the signed agreement, click the button below.
Once we receive the signed purchase agreement, we will sign it and send you a copy for your records.
We will then send it to a reputable title company for closing. We only work with nationally recognized title companies that are fast, efficient, and responsive.
And remember, we'll pay for closing the costs.
The title search and document preparation usually takes about a month. During that time, the title company will perform a title search and examine the chain of title.
The title company might require additional documents from you. Depending on your situation, these might include a death certificate, trust documentation, or proof of corporate ownership.
We're familiar with the types of additional documents you might need, and we'll work with you during the closing process to anticipate which documents the title company will require.
Near the end of the closing process, the title company will give you the documents to sign. Several of these will need to be notarized.
The main document that needs to be notarized is the deed. The title company will draw up a new deed which will need to be signed in front of a notary.
All of the owners will need to sign.
Most states require an additional person to witness the signing. This person cannot be related to you.
If you need a notary, most banks have notaries on staff and will perform that service for free. You can also ask if another banker can act as a witness.
Once the title company receives the signed documents, they will record the deed with the county and send you your funds.
They can either mail you a cashiers check, or they can wire the funds directly to your bank account. (There may be an additional fee for wiring.)
It usually only takes the title company a day or two to send you your funds.