Thinking about buying land? You have a couple of options. You could try to buy raw land by following a listing service and buying through a real estate agent, or you could buy vacant land for sale by owner Tennessee directly. In this blog post, you’ll read about 3 reasons why you should buy raw land from the owner directly.
Reason #1. More Variety
When you buy raw land through a real estate agent, you’re limited to whatever land the agent can locate, which they’ll typically find accessing a listing service such as an MLS. This puts some severe limits on your choices to buy raw land.
On the other hand, if you look at things differently and start searching for vacant land for sale by owner Tennessee, you’ll have so many more land choices. In fact, you might be surprised at the amount of vacant land options available to you!
Reason #2. Faster Purchase
If you decide to use the “wait and see” approach buying vacant land only through a realtor, you’re going to be stuck with whatever land is listed on the MLS. Okay, you might be lucky enough to find raw land right off the bat but more often you’ll find yourself waiting for months for the “perfect” investment to come your way.
However, if you decide to approach things differently and buy vacant land for sale by owner Tennessee, you’ll gain the confidence to move away from the limited listing service and instead find land owners yourself who eagerly want to sell their land but who chose not to list with a realtor. That way, you can find more land options, faster and you are not entirely waiting on the efforts of someone else.
Reason #3. Seller Financing Might Be Available
When you buy land through a realtor the selling agent will typically require proof of funds and will demand that you have a loan or cash available before you buy. This can severely restrict how much raw land you can buy at one time.
However, when you buy vacant land for sale by owner Tennessee, you will find more financing options. In fact, you might find you are able to get seller financing directly from the seller. (This is not always the case but it tends to be available more often when you buy directly from the owner).
Many vacant land investors don’t want to get dragged down by all of the annoying hassles and delays that that are a part of buying vacant land through a realtor. They prefer to just buy land and start using it or developing it the way they want to. If that describes how you prefer to invest, then buying vacant land for sale by owner Tennessee might be the best option for you.