The Process of Selling Land in New Hampshire

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The Process of Selling Land in New Hampshire
By

Bart Waldon

Rolling hills, pristine lakes, and dense forests as far as the eye can see. That's New Hampshire for you – a slice of New England paradise that's captured the hearts of nature lovers and city-dwellers alike. But if you're a landowner looking to part ways with your piece of this scenic puzzle, you might be wondering where to start.

Let's face it – selling land isn't quite the same as putting your house on the market. It's a whole different ball game, with its own set of rules and quirks. But don't worry, we're here to walk you through it, New Hampshire style.

The Lay of the Land: New Hampshire's Property Market

Before we dive into the nitty-gritty of selling your land, let's get a feel for what's happening in the Granite State's property scene.

Did you know that a whopping 71% of New Hampshire is covered in forests? That's right – we're talking second place in the most forested states lineup. It's no wonder that land here comes with its own unique flavor.

And here's something interesting – farms are making a comeback. Over the last decade, we've seen a 10% uptick in the number of farms across the state. Seems like more folks are getting bitten by the farming bug, especially when it comes to small-scale and organic operations.

What does this mean for you as a land seller? Well, it could open up some interesting opportunities, depending on where your property sits and what it offers.

The Reality Check: Selling Land Isn't Always a Walk in the Park

Now, let's get real for a minute. Selling land can be trickier than offloading a house with a white picket fence. Why? Well, for starters, figuring out what your land is worth can be like trying to pin jelly to a wall. There aren't as many "comps" (that's real estate speak for comparable sales) to go by, and every piece of land is unique in its own way.

And here's another thing – selling land often takes more time than you might expect. We're talking anywhere from one to two years to get full market value. Yeah, you read that right. It's not unusual for a plot to sit on the market for a while before the right buyer comes along.

This is where some folks start considering alternatives, like selling to land-buying companies. These outfits, like Land Boss, often offer cash deals that can speed things up considerably. Sure, you might not get top dollar, but for some, the quick and easy route is worth its weight in gold.

Ready to Sell? Here's Your Game Plan

1. Know Your Worth

First things first – you need to figure out what your land is actually worth. In New Hampshire, this can vary wildly depending on a bunch of factors:

  • Where's it located? (Near the White Mountains or closer to the Seacoast?)
  • What's the lay of the land? (Flat and ready for building, or more of a "rugged outdoors" vibe?)
  • What can it be used for? (Zoning matters, folks!)
  • Are there utilities nearby? Road access?
  • Any environmental quirks to be aware of?

Your best bet? Get a pro involved. A land appraiser who knows New Hampshire like the back of their hand can give you a solid idea of what you're working with.

2. Get Your Ducks in a Row

Before you start dreaming about that "SOLD" sign, make sure you've got all your paperwork sorted. You'll need:

  • Your property deed (where'd you put that thing?)
  • Any survey maps you've got
  • Tax records (exciting stuff, we know)
  • Zoning info
  • Environmental studies (if you've had any done)
  • Details on any easements or restrictions

Trust us, having this stuff ready to go will make life a whole lot easier down the line.

3. Pick Your Path

When it comes to actually selling, you've got options:

  • Go the traditional route with a real estate agent
  • Sell directly to a land-buying company (remember Land Boss?)
  • Roll up your sleeves and do it yourself (FSBO – For Sale By Owner)

Each has its pros and cons. Agents know the market but come with fees. Land-buying companies offer speed but might not max out your price. DIY saves on commissions but eats up your time. Choose wisely!

4. Spruce It Up (Yes, Even Empty Land)

Just because there's no house doesn't mean you can't make your land look its best:

  • Clear out any junk or overgrown areas
  • Make sure your boundaries are clear (no neighbor disputes, please!)
  • If you can, create a nice entrance or improve the existing access
  • For undeveloped land, consider getting a perc test done

A little effort here can go a long way in catching a buyer's eye.

5. Spread the Word

Unless you're going straight to a buyer, you'll need to get the word out:

  • Get some killer photos (drone shots are all the rage)
  • List it on real estate websites
  • Don't underestimate the power of social media
  • Know your audience – are you targeting builders, nature lovers, or wannabe farmers?

Highlight what makes your land special. Is it the view? The location? The potential? Make it shine!

6. Deal with Offers (and Negotiate Like a Pro)

When offers start rolling in, be ready to negotiate. Land deals can get complex, so keep an open mind. And remember, what looks like a lowball offer might actually be reasonable in the land market. Companies like Land Boss, for instance, might offer less than you hoped, but they're factoring in the risks and costs of holding onto the land.

7. Seal the Deal

Once you've shaken hands on a deal, it's time to make it official. In New Hampshire, this usually involves:

  • Getting a title search and insurance
  • Maybe another property survey
  • Drafting up the purchase agreement
  • Sorting out the finances (unless it's a cash deal)
  • Closing with a real estate attorney (that's how we roll in NH)

New Hampshire Nuggets: Local Know-How

A few extra tidbits to keep in mind when selling land in the Granite State:

  • Our winters are no joke. Spring and fall are prime time for land shopping.
  • We're big on conservation here. Some buyers might be into that.
  • Water on your property? Know your rights!
  • If your land's in Current Use, make sure potential buyers understand what that means.

Final Thoughts

Selling land in New Hampshire isn't always a quick or easy process, but with the right approach, it can be a successful one. Whether you're looking to maximize your profit or just want to get the deal done quickly, there's a path for you.

Remember, companies like Land Boss are out there if you want to explore a faster sale option. They've done over 100 land transactions in their five years of business, so they know their stuff.

At the end of the day, selling your New Hampshire land is about understanding what you've got, knowing your options, and finding the right buyer who appreciates your little slice of the Granite State as much as you do. Happy selling!

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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