First time with Vacant forested land under contract.
I currently have 5 acres of land under contract, located in Northern Califonia near the town of Georgetown. Do I need to take ownership or can I assign my contract to a new buyer?
The seller would like to sell quickly so I am unable to market the property for more than 10days without closing and taking the title myself. If I take the title what is the best way to sell 5 acres of heavy forest, the property will need work to have a pad put in and cleaned out of the foliage.
I would like to sell the lot FSBO to help save on commission, but if the numbers work out I wouldn't mind selling with a realtor.
I have a few flips under my belt, all with me taking ownership and renovating, but never with land and at 5 acres that is not fenced off it is all new to me. any advice would be appreciated. Thanks.