What are the Advantages of Selling Vacant Land?
Vacant land is a parcel of land that does not have any improvements on it. It's often referred to as "raw" or "undeveloped" property and can come in many shapes and sizes. For example, you might have a vacant lot next door to your house where there used to be an old shed that was torn down by the city because it was unsafe and unsightly. Or maybe you own some farmland that hasn't been farmed in years--that would also be considered vacant land because there are no crops growing on it at this time (although if you plan on planting crops there someday, this will not qualify as vacant). Vacant lots can offer many advantages over other types of real estate investments. Reasons to Sell Vacant Land Many reasons can lead you to sell vacant land. You may have inherited it or purchased it as an investment, but now you need the money for other things. Maybe you're looking for a way to get rid of an eyesore in your neighborhood that is driving down property valu...