Investor · Greenville, SC · Member since 2021 · 18 posts · 3 votes
Looking to purchase some land in the mountains of NC. Already have the location and approx. size narrowed down, looking for some guidance on how to purchase.
Would like to hear some pros and cons to using an agent to purchase land. From what I understand, closing on land is much faster, less complicated, & less fees. Can a knowledgeable investor approach a selling agent and negotiate without a buyer's agent? Is it worth it to try to drive around/ask around for FSBO deals?
You lose nothing by using a buyers agent on listed properties. If you want to try to wing it with a FSBO, that's a different story. Make sure you fully understand what you can and can't do with the property before closing.
Absolutely, that would be the bare minimum for any transaction. I’m not buying any property without title insurance to protect my claim to the property.