Buying Land With Cash
Why cash deals move faster, and what to check before wiring funds.
The advantage of a cash offer
A cash offer removes financing contingencies and appraisal requirements, which is a large part of why land deals close so much faster than financed ones. Many raw land sellers strongly prefer cash for exactly this reason.
What to verify before closing
Even without a lender requiring it, a title search is worth paying for. It confirms the seller actually owns the parcel free of liens, unpaid taxes, or boundary disputes before your money changes hands.
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