Facing a tough sell to locals on land development

baltimoresun Gov. Martin O’Malley’s broad strategy to revamp land development rules across Maryland met harsh criticism Friday, as local officials worried that the governor’s proposal would interfere with their ability to plan and pay for schools, roads and housing. In a discussion with local leaders at a Maryland Association of Counties conference, the Democratic governor sought to … Continued

Growing hunger for raw land: Unimproved Property is in demand!

inman Unimproved property can be cheap, but financing poses challenges As 2009 limped to a close, down in suburban Miami beleaguered homebuilder Lennar Corp. sold a 9-acre parcel of raw land for $2.3 million. The property, located in the city of Kendall, was, according to press reports, originally acquired in 2003 for $15 million, but … Continued

How to Sell Land by Owner

ehow Perhaps you’ve inherited some land, decided to sell some investment property or are just in need of some extra cash. Either way, selling land by owner can require some extra work but in the long run will ultimately be more profitable than selling with a real estate agent. There are a few things you … Continued

Empty Lot Syndrome – The problem with vacant lotsBy

Cities don’t like vacant lots. While some are turned into parking lots, others, trash-strewn and surrounded by chain-link fences, look like scars on the landscape. At their worst, they accentuate the perception of urban blight. In boom times, vacant lots are mostly a short-term issue that disappears when developers arrive. But with the sagging economy, … Continued

Can I Claim a Loss on Investment Land?

Zacks The Internal Revenue Service lets you subtract all your expenses from the gross income you earn on your investment property to find your taxable profit or your loss. With investment land, it’s very common to experience a loss, since you have incur expenses in carrying it but you may not be earning any income. … Continued

How to Sell Your Timber

mylandplan If you’ve sold a house, a car, or any other piece of property, then you know that selling can be tricky. From finding a buyer to filling out the right paperwork, there are lots of little steps to keep track of throughout the selling process. Selling timber is like that too—there are several steps … Continued

How to Sell My Land Fast

oureverydaylife Selling land is usually a more complicated process than selling improved property. When you sell a property with a building, its use and value is established by the building on it. Before buying unimproved land, most buyers want to investigate what they can do with it to determine what it’s worth. At the same … Continued

Know Your Options When Financing Vacant Land

LandCentral You have multiple options when financing a vacant land purchase. When most people think of traditional financing, they think of a loan obtained through a national or community bank. These traditional options can be difficult to pursue, especially compared to the ease of financing at LandCentral. National Bank When financing at a national bank, there often … Continued