Today’s fast pace of life and rapid climate changes have inspired many to turn to sustainability and homesteading. Modern homesteaders devote a significant amount of their time and energy to the essential things: independence, access to healthy food grown on their property, a safe place to live, as little financial stress as possible, and free time to pursue their passions. Living a sustainable life and being a successful homesteader rely heavily on finding the right plot of land, so if you have a property you no longer need, you might be in the right position to earn some cash.
In addition, we’re giving you several solid reasons why you need to consider selling your vacant land now.
You Can Sell the Land Yourself
You can sell your land by yourself and do it entirely online. By contacting professional vacant land buyers, the land sale process is simple and easy. They can guide you through the land sale process and ensure you receive the cash as soon as possible.
You’ll simply have to provide details regarding the property you’re selling and wait to get an offer. If you accept it, you can get to closing within a week. In addition, since they don’t charge you fees or commissions like a real estate agent would, you won’t have to pay anything out of pocket, ensuring you receive a fair price for your property.
People Are Increasingly Searching for Land for Homesteading
Many individuals are unhappy with where they now live, and the pandemic has made them feel even worse because they have been cooped up at home. Additionally, most businesses now allow employees to work remotely, opening new possibilities to live outside the city centers and do so more sustainably. As a result, the number of people moving back to rural areas is rising. They are drawn to homesteading because it encourages them to live differently by growing their food and not being as reliable to the city grid for power and water.
So, potential buyers who desire to live outside of the cities have crowded the real estate market. If your property is a mixture of pasture and wooded land with established water access, it might be the perfect place for homesteaders to grow food, construct buildings, and raise animals in the open.
Land Prices Have Gone Up
Despite an increase in land buyer demand, fewer properties are available than ever. Due to the scarcity of available land for sale, people are buying properties without any intention of selling them anytime soon. Such conditions are ideal for land sellers to achieve greater purchase prices. In fact, asking prices for land are now far higher than they were before the pandemic.
While the value of farmland and pastureland climbed by 14% and 11.5%, respectively, the average US agricultural real estate value increased by a record $420 per acre, or 12%, in 2021. Cash rents have also increased, spanning cropland, irrigated and non-irrigated land, and pastureland ranging from 4.6% to 7.7%.
The Loan Interest Rates Are Low
Interest rates are still historically low and aspiring homesteaders are more interested than ever in purchasing raw land. The ability to borrow money at a cheaper interest rate is an additional incentive to invest in a desirable asset like vacant land parcels, leaving you in an excellent position for selling your land at a good price.
You Can Earn Cash, Fast
Various life circumstances may significantly alter your plans, and you occasionally need to change your priorities. For example, it may be necessary to immediately reevaluate your financial situation if you face severe debt, serious health problems, or divorce. On the plus side, you might decide to improve some aspects of your life because your priorities have simply changed. Even if it is one of your most essential possessions, real estate can be a transitional tool to another phase of your life. The best thing about this situation is that selling your property is the ideal way to get some cash, fast.
Final Thoughts
Now is a great time to sell your house because of the ongoing shortage of supply and the strong demand for land. Homesteaders across the nation are increasingly looking for the perfect vacant parcels, leaving you with numerous options to sell land fast and earn cash. The best thing is that you can do it on your own and maximize your profits!
