Help! I Need to Sell My Land in New Hampshire Quickly

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Help! I Need to Sell My Land in New Hampshire Quickly
By

Bart Waldon

Let's talk about the Granite State, shall we? New Hampshire's got it all - from the peaceful Lakes Region to those jaw-dropping White Mountains. It's no wonder people are drawn to this slice of New England heaven. But what if you're sitting on a piece of this paradise and need to part ways with it... fast?

Here's the scoop: selling land in New Hampshire isn't always a walk in the park. In fact, the folks over at the New Hampshire Association of Realtors tell us that land prices shot up by 15.7% from 2021 to 2022. The median price? A cool $130,000. And get this - according to the University of New Hampshire Cooperative Extension, about 84% of the state is covered in forests. That's a whole lot of trees, making New Hampshire the second-most forested state in the country!

Now, if you're in a pickle and need to offload your land quickly, don't sweat it. You're not the first, and you certainly won't be the last. Whether it's financial pressure, a big move, or just wanting to turn that land into cold, hard cash, there are ways to speed up the process without getting shortchanged.

The Lowdown on New Hampshire's Land Market

Before we dive into the nitty-gritty of selling, let's get real about the land market here. It's about as predictable as New England weather - which is to say, not very. Values can swing wildly based on where your plot is, what it's zoned for, and how the economy's doing. This rollercoaster ride can make pinning down your land's true value a bit of a headache.

Here's a truth bomb for you: selling an empty piece of land usually takes longer than offloading a house. We're talking 1 to 2 years on average. Why? Well, there are fewer folks in the market for raw land, and let's face it, these deals can get complicated.

Your Game Plan for a Quick Sale

1. Price It Right

This is huge. Price it too high, and you'll be waiting around forever. Too low, and people might think something's fishy. So how do you hit that sweet spot?

  • Do your homework on recent land sales nearby
  • Maybe bring in a pro appraiser
  • Don't forget to factor in those special features - got a killer mountain view? That's worth something!

Get the price right from the get-go, and you'll save yourself a lot of headaches down the road.

2. Make Your Land Look Good (Yes, Even Empty Land)

Just because it's undeveloped doesn't mean it can't shine:

  • Clear out the overgrown bits and any junk
  • If there's no easy way to get to your land, fix that
  • Got something cool like a babbling brook? Make sure people know about it
  • A little TLC goes a long way - maybe some basic fencing or a nice sign

These small touches can make your land stand out from the crowd.

3. Shout It from the Rooftops

In this market, you've got to make some noise:

  • Get your land on all the popular real estate websites
  • Use social media to your advantage - Instagram those views!
  • Don't ignore good old-fashioned print ads in local papers
  • Network with real estate agents who know land
  • Consider setting up a simple website just for your property

The more eyeballs on your land, the better your chances of a quick sale.

4. Be Open to Options

Flexibility can be your best friend here:

  • Think about offering owner financing
  • Consider a lease-to-own setup
  • If local laws allow, maybe subdividing is the way to go

The more options you give potential buyers, the wider your net.

5. Team Up with a Land Pro

Sure, going solo might seem tempting, but a real estate agent who knows land inside and out can be a game-changer. These folks:

  • Know the local land market like the back of their hand
  • Have a rolodex full of potential buyers
  • Can navigate all the twists and turns of land deals

Their know-how can speed things up considerably.

6. Cash Buyers: The Fast Lane Option

If time is really of the essence, cash buyers or land-buying companies might be your ticket. Companies that specialize in this can often wrap things up way faster than your average buyer. Yes, you might not get top dollar, but the speed and simplicity can be worth their weight in gold for some sellers.

And hey, don't write off all cash offers as lowballs. There are solid companies out there, like Land Boss, that have been in the game for years. They've been at it for 5 years and have over 100 land deals under their belt. That's nothing to sneeze at.

The Hurdles You Might Face

Let's be real - quick land sales aren't always smooth sailing:

A Small Pond of Buyers

Unlike houses, the market for empty land is pretty niche. Finding the right buyer quickly can be tough.

Money Matters

Banks can be a bit skittish about financing land purchases. This is where those creative options we talked about earlier can really shine.

Red Tape and Restrictions

Zoning laws and use restrictions can scare off some buyers. Be ready to explain exactly what can and can't be done with your land.

The Seasons Matter

In New Hampshire, Mother Nature has a say in the land market. Winter might slow things down, while spring and summer could bring the buyers out in droves.

Final Thoughts

Selling land in New Hampshire quickly is a bit of an art form. It takes smart pricing, savvy marketing, and a willingness to be flexible. Sure, it can be a challenge, but if you play your cards right, you can beat that 1-2 year average selling time.

Remember, you've got options. Whether you team up with a land expert, explore cash buyers, or go all-in on marketing, the key is to stay proactive and keep an open mind.

If it all starts to feel like too much, don't be afraid to look into land-buying companies. Their experience and quick turnaround times can be a real lifesaver when you need to sell fast.

At the end of the day, the best approach depends on your specific situation and what you're hoping to achieve. Take a good look at your options, use the resources at your disposal, and you'll be well on your way to a successful sale in the timeframe you need.

So, ready to turn that New Hampshire land into cash? With the right strategy and a bit of hustle, you'll be closing that deal before you know it. Good luck!

About The Author

Bart Waldon

Bart, co-founder of Land Boss with wife Dallas Waldon, boasts over half a decade in real estate. With 100+ successful land transactions nationwide, his expertise and hands-on approach solidify Land Boss as a leading player in land investment.

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