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Is Selling Your Land Online Safe? Absolutely! Here’s Your Guide to 3 Essential Safety Tips

February 01, 20233 min read

Navigating the World of Online Land Sales with Confidence

The digital age has brought unparalleled convenience to our doorstep. From shopping to banking, and now real estate, the internet has revolutionized the way we do business. Yet, questions arise: “Is it safe to sell my land online?” With Falcon Land Company by your side, it surely is! We’re here to guide you through three indispensable safety tips to ensure a smooth, secure online land sale.

1. Deciphering the Purchase Agreement

Why a 30-Day Close is a Game-Changer

A Purchase Agreement is your starting point in any real estate transaction. It maps out the fundamental terms of the deal, particularly focusing on price and time. However:

Beware of Long Closing Times: Be cautious of buyers seeking more than a 30-day window to finalize the purchase. Extended times can increase the chances of a potential buyer backing out, while another ready buyer may have come along.

Negotiation Tip: Think about reducing the purchase price slightly in exchange for a quicker sale time. It’s a win-win, ensuring you a swift deal and the buyer a more attractive price.

2. Partnering with a Title Company or Real Estate Attorney

The Trusted Mediators in Your Transaction

It’s true, absolute guarantees are rare. But, by collaborating with a title company or, in certain states, a real estate attorney, you add a layer of trustworthiness to your sale:

Your Protective Shield: These professionals act as the bridge between you (the seller) and your buyer. Their main duty? To ensure you receive your funds once all documents get the green light.

Legal Obligations: After the necessary documentation is in order, the title company or attorney becomes bound by law to ensure you get your proceeds.

3. The Importance of Escrow in Online Land Sales

The Assurance of Funds When Selling Digitally

The beauty of involving a title company or attorney lies not just in their mediating roles but also in their ability to hold funds securely:

Double-Checking: Before you finalize your end of the deal, you can easily confirm that the funds are securely held in escrow. This ensures you’re not leaving anything to chance.

Selling Beyond Borders: The Online Advantage

With online platforms, geographical restrictions are a thing of the past. The once tedious process of finding a local buyer is now broadened, allowing you to engage with potential buyers from anywhere. With companies like Falcon Land, the world is literally your marketplace!

Additional Factors to Consider When Selling Online

Costs Involved: While title companies and attorneys play a crucial role, their services come at a cost. Usually, they might require an upfront fee. A smart move? Negotiate with your buyer to bear this cost, so if the deal goes south, the buyer foots the bill.

The Role of Notaries: Finalizing a land sale involves legal documentation, requiring a notary’s verification. While they charge for their service, you can always negotiate for the buyer to cover this fee.

The Future of Land Sales is Online

With the right guidance and by taking necessary precautions, selling land online is not just safe, but it’s the future. With Falcon Land Company’s expertise, you’re in safe hands, ensuring a seamless, secure, and satisfactory sale.

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