Many factors come into play when trying to assess the value of a commercial property. You can arrive at an accurate value for a vacant commercial property by making a determination of its fair market value based on current local information before you hire a professional appraiser. Past performance and future expectations of the property

What Is a Land Contract?

Thursday, 27 September 2012 by

A land contract is a contract between the buyer and a private seller of a property, wherein the seller holds the title or deed to the property until all agreed upon payments have been made in full. The laws governing land contracts can vary by jurisdiction, so it is important that the governing laws be

How to Sell Inherited Land

Wednesday, 26 September 2012 by

By Shala Hainer, eHow Contributor Selling inherited land requires you to first make sure there is no money owed on the property. If you inherited a portion of land, talk with other heirs before selling your share; they may be interested in buying it. Contact a Realtor for help marketing the land and handling the

Tax Benefits of Investing in Vacant Land

Friday, 21 September 2012 by

By Solomon Poretsky, eHow Contributor Vacant land is typically viewed as a speculative investment. It produces no income, has ongoing expenses, and is only profitable if its market value increases in the future. Although this is all true, vacant land is not only an excellent hedge against inflation, but it also generates multiple tax benefits.

How to Lien Vacant Land

Wednesday, 19 September 2012 by

By William Pirraglia, eHow Contributor People sometimes believe it’s not possible to place a lien on vacant land, since there is no home or building thereon. However, it is just as easy to lien vacant land as it is to place a lien on improved property. The legal description of real property only refers to

How to Find Vacant Lots

Sunday, 16 September 2012 by

By Owen E. Richason IV, eHow Contributor New homeowners might consider buying a vacant lot and building a home rather than buying an existing home and property. The benefits of having a home built on a vacant lot are numerous. A homeowner can customize the structure to fit his needs and tastes, including picking exterior

How to Gain Buying Vacant Land

Wednesday, 12 September 2012 by

By an eHow Contributor Most people think of buying and selling real estate as homes or business property. Actually, there are many ways to gain buying vacant land that has not been developed yet. Vacant land is less expensive, and you don’t have to develop it to make a profit. Instructions o 1 Purchase vacant

How to Finance Vacant Land

Monday, 10 September 2012 by

By LaoA, eHow Contributor Financing vacant land poses a high level of risk to potential lenders. They fear that the lack of a structure may make buyers more likely to let the land go into foreclosure if loan payments become a burden. Lenders tend to require higher down payments for land loans as a result.

How to Make Money on Vacant Land

Thursday, 30 August 2012 by

By eHow Contributor After reading this article you will be able to take a vacant plot of land and turn it into income. Instructions o 1 Owning a peice of vacant land can be a downright money drain, all you ever get from it is tax bills never any income until you decide to sell

By Joseph Nicholson, eHow Contributor All real estate appraisal is local. There’s no single formula that can be used to appraise vacant unbuildable land simply because there are so many potential factors that depend on the local market and the land itself. There are, however, a few different approaches and some guidelines for those looking