Indiana Instant Offer: Sell Your Property in Record Time
If you are a property owner in Iowa that is unable to pay your property taxes or you just don’t have the time to keep up with your land and would like to sell it, we can help. We buy land for cash and will close quickly to get you the money you need. We have helped many individuals that were in a similar situation to yours and are the experts when it comes to selling Iowa farm land fast.
We can often purchase your land at a lower price than if you list it with an agent and save you thousands of dollars in real estate commissions and other fees. This is because we are not an agency and work directly with you to buy your land for cash. This also means you do not have to worry about someone bidding on your land and losing it to another party.
Typically, a real estate agency will charge between 3 and 5 percent of the total sale price of your land for their services. This is a large expense and can add up quickly. You may also find that you have to wait several months or even a year for your land to sell through the traditional real estate channel. This type of transaction is not the best fit for everyone, especially if you need to sell your land for cash or have a time limit in which you need to sell your land by.
For the last three decades, existing farmers have been the dominant buyers of Iowa farmland. Individual investors have only made up 20-25 percent of the sales. Private parties and sales facilitated by a realtor have accounted for the rest of the Fast cash for Iowa land sales. Public auctions have grown in popularity and now account for 40-50 percent of all farmland sales.
The most common reason to sell farm land is that the owner has no need for it any longer. This can be due to a change in retirement plans, a divorce or simply living too far away from the property to enjoy it. It can also be because they bought the land with a long term strategy in mind but it did not develop as planned and decided to sell it off instead.
Land prices are rising across the upper Midwest and have recently reached record levels in northwest Iowa. Despite ris ing interest rates, demand for agricultural land remains strong, and prices are expected to continue to rise.
The soaring land values have many people worried about a bubble and when the market will deflate. They remember the boom-to-bust cycles of the mid-seventies through the 1980s, when land prices rose quickly then dropped by two-thirds in less than a decade. This is why it is important to think about your needs and goals before you decide to sell your land. Then, you can make a decision that will be in your best interests in the short and long run.