How to Sell Inherited Land Fast in Arizona?
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By
Bart Waldon
Inheriting raw land in Arizona can seem like a blessing, but the process of selling undeveloped acreage can be complex and time consuming. According to a 2022 survey, over 60% of inherited vacant land parcels nationwide remain on the market after 2 years still seeking buyers even after significantly discounted pricing.
However, for those land heirs in Arizona hoping to sell their newly acquired plots faster to access funds more quickly, there are steps you can take to facilitate the process. Follow the guidance below drawn from the 5+ years of experience Land Boss has buying and selling over 100 land parcels across the state.
Getting Started with Your Arizona Inherited Land Sale
Arizona has widespread opportunities for real estate investment across its 113,998 square miles, from the regret mountains and forests of Flagstaff down through cactus laden Sonoran Desert surrounding bustling Phoenix through the Joshua Tree filled expanses lining Tucson nearer Mexico.
When inheriting undeveloped land across this distinctly diverse state, the key first move heirs should make is thoroughly researching details on the property. Review surveys, title records and other documents to educate yourself on aspects like:
- Parcel size
- Zoning restrictions
- Terrain features
- Mineral/water rights
- Easements
- Roadway access
Understanding intricacies before attempting to sell allows setting appropriate listing pricing while identifying property strengths to leverage when marketing to interested buyers.
Pricing Your Arizona Land Parcel Appropriately
One mistake many heirs make when first inheriting land plots in Arizona is overestimating actual property value and overpricing listings accordingly without professional appraisals guiding them. High asking costs discourage potential buyers unwilling to negotiate down tens of thousands of dollars.
Instead, thoroughly research recent area sales of comparable vacant land using resources like:
- Local government tax assessor records
- Zillow’s pricing tools for adjacent plots
- Regional multiple listing service (MLS) data
Weigh factors like parcel size, road accessibility and natural resource rights impacting value when setting an attractive yet fair list price more likely to generate bids. Consider broad buyer demographics and interests before finalizing costs.
Marketing Strategies to Sell Your Arizona Land Faster
With inherited raw Arizona land priced suitably to draw purchaser interest quickly, implementing creative, consistent marketing is key to catalyzing faster sales.
Online Promotions
Design high-quality, keyword packed ads for prominent placement across these leading platforms regional buyers browse:
- Zillow
- Lands of America
- LandWatch
- Land And Farm
- Craigslist
Drive traffic to visually appealing for sale by owner listings on popular sites buyers utilize when amateur land searching like Owners.com, Facebook Marketplace or your unique website highlighting your land’s strengths through photos emphasizing idyllic vistas and obvious lot access or ingress/egress ease.
Print Advertising
Consider small yet regular print ads in Arizona newspapers like the Arizona Daily Sun, the Arizona Republic’s Sunday edition, the Tucson Sentinel or regional penny savers to reach older demographics still perusing physical newsprint to discover vacant land deals.
Yard Signage
Install vibrant, all-weather “For Sale by Owner” signs along parcel road frontages flagged by prime traffic sightlines to spark local buyer interest. Custom contact info allows direct inquiries.
Using select combinations of these promoted listings across digital and tangible advertising mediums spreads awareness quickly of your Arizona land seeking expedited sales.
How to Improve Your Land’s Buyer Appeal
Beyond marketing reach, ensuring your inherited Arizona parcel presents maximum consumer appeal further propels faster sales through two key steps:
- Conduct light parcel prep by clearing overgrown brush blocking sightlines or cleaning obvious trash debris that detracts.
- Get basic utilities pre-inspections documenting ease of electric, water and eventually septic hookup viability. Such confirmation of extended occupancy practicality convinces hesitant buyers.
While extensive infrastructure enhancements like graveling driveways may be cost prohibitive, minor beautification touches to accentuate AZ land’s existing attributes helps buyers envision building their future there easier.
Choosing Reputable Partners for Selling Your Arizona Land
If managing details of facilitating your inherited Arizona land sale independently start to feel daunting as the process lengthens, recruiting reputable partners could provide solutions, especially if seeking swifter sale completion. Companies like us at Land Boss have resources simplifying transactions for selling land faster.
As direct cash buyers, Land Boss satisfies heir motivations to sell vacant Arizona plots faster, accepting lower pricing in exchange for quick sales devoid of financing contingencies jeopardizing closings. We represent just one of many reputable land buying organizations operating nationally that heirs can contact if intimidated to try selling undeveloped acreage without guidance.
With over 5 years of experience buying/selling land, 100 real estate transactions completed and understanding of the time/complexities land sales require, we hope this article aids those land heirs prioritizing selling their newly acquired properties faster. Please reach out with any other questions!
Final Thoughts
Selling an inherited land parcel in Arizona can be an intricate process, especially for heirs prioritizing closing deals faster to obtain proceeds quickly. By thoroughly researching your new property, pricing it appropriately through comparisons, marketing it widely via creative digital and print promotions, ensuring its visual appeal, and selectively involving reputable sales partners, undeveloped land inherited in Arizona can transfer to new owners expeditiously. We at Land Boss have supported numerous land heirs navigating sales complexities over 5+ years specifically buying and selling vacant plots across Arizona. Reach out if you have any other questions about maximizing the value when selling your inherited land.
Frequently Asked Questions (FAQs)
What documentation should I gather before selling my inherited Arizona land?
Before attempting to sell, thoroughly collect paperwork like plot surveys, title records easements, details on water/mineral rights, parcel maps, zoning restrictions, terrain geography reports, and tax assessor descriptions. Completely understanding all intricacies of the land you inherited allows you to accurately market its attributes to prospective buyers and avoid potential legal issues.
How long does inheriting land through probate take in Arizona?
The probate process tying up inherited lands takes approximately 4-6 months total in Arizona. However, heirs can speak to attorneys and real estate professionals ahead of time before assuming ownership about intentions to list the land for sale immediately upon the new deed transferring. This allows preparing sales listings in advance to advertise the inherited parcel faster.
What costs might I incur improving inherited raw land for sale in Arizona?
Major infrastructure enhancements like grading roads, digging wells or installing electricity can require thousands in potential upgrades. Focus any improvements only on basic brush clearing or trash removal to accent scenic views and highlight existing land access viability for faster sales without major investment risks should bids not materialize rapidly.
What are strategies to advertise inherited Arizona land for sales online?
Some key digital marketing strategies include building visually engaging For Sale by Owner websites highlighting gorgeous vistas or obvious usable spaces through photos and emphasizing confirmation documented for viable roads, utility or septic site prep to limit buyer concerns. Additionally focus on prime classified placement across frequently trafficked sites by regional buyers like Lands of America, Land and Farm and LandWatch.
Who are reputable partners that purchase inherited land in Arizona?
If managing the myriad details of selling your inherited acreage starts feeling daunting, consider involving reputable land buying companies like Land Boss that streamline purchasing vacant properties through all cash offers and handle closing details for you. Many national organizations exist specializing specifically in buying inherited or difficult-to-sell land plots at reasonable prices. They satisfy seller motivations for faster sales without financing risks jeopardizing deals.