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Updated over 10 years ago on . Most recent reply

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Sheri Fierro
  • Glendale, CA
1
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14
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lot in LA that I need to sell fast

Sheri Fierro
  • Glendale, CA
Posted

After going through litigation against our sister, with regards to our family estate, my brother and I are property rich and cash poor (our sister embezzled almost a million from the estate). We have fairly large vacant lot that was appraised in June for $155k. We would like to sell it fast in order to get the cash. How can we do this. I see signs around saying "we buy houses or lots for cash". Should I call one of them? I'm sure we will have to take less than the appraisal price, especially in order to get cash quick but I'm not sure how low we should go? Any help will be appreciated. Thanks. 

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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
63,842
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43,224
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

Hire a good realtor that specializes in new construction and represents builders for a living.  The we buy houses signs very seldom buy lots or land and they are only looking for the home runs.. Have just a tad of patience it will be worth thousands to your bottom line.

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JLH Capital Partners

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