Buying and Selling Land

Why it may not be wise to base your listing price on what similar parcels are selling for

by Tammy Tengs

Base price on competition

“Hi, I’d like you to list my property for sale.  Will you send me some comps?”  I get this phone call from land sellers several times per week. I think:  Comps, uh, what comps? By “comps” I presume you mean you want to know the selling … [Continue reading]

Filed Under: Pricing

Why do sellers have to sign so many pages just to counteroffer on price?

by Tammy Tengs

Counteroffer on price

When clients say they want to counteroffer on one item, such as price, and I give them a whole stack of paper to sign they generally raise a curious eyebrow at me. So let me explain what’s happening. Here’s a Typical Scenario You’re a seller and … [Continue reading]

Filed Under: Negotiation, Purchase agreement

Dear principal brokers, it’s spelled “principal” not “principle”

by Tammy Tengs

Principal Broker Misspelled

Do you remember learning in school that “the Principal is your pal?” Maybe this was how you remembered the correct spelling of “principal”? Yet many principal brokers refer to themselves as “Principle Broker”. They misspell it on their business … [Continue reading]

Filed Under: Agent, Rant

How to buy land with (almost) no money

by Tammy Tengs

Seller Financing, Genius

So, you dream of owning land. Maybe you want to build a tiny house, a storage container home, or a yurt. Or you dream of having a garden, a few chickens, and a barn for your horse. Perhaps you envision a unique modern home with lots of glass and a … [Continue reading]

Filed Under: Buying, Seller financing

Isn’t the other guy supposed to pay those closing costs?

by Tammy Tengs

Pay closing costs

No one likes to pay real estate closing costs. Buyers ask me: Isn't the seller supposed to pay those? Sellers say: What are all these crazy costs – isn't the buyer supposed to pay? As a land broker, what fascinates me is that buyers ARE sellers. … [Continue reading]

Filed Under: Closing costs, Negotiation, Purchase agreement

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Tammy Tengs

Land Broker; systematic; doctorate from Harvard; likes vegetarian food, documentaries, swimming, and all things real estate.

California license #01436288

Land22 Real Estate

http://land22.com

Pay closing costs

Isn’t the other guy supposed to pay those closing costs?

Find money to buy land

Where do land buyers find the money?

Seller Financing, Genius

How to buy land with (almost) no money

Principal Broker Misspelled

Dear principal brokers, it’s spelled “principal” not “principle”

Counteroffer on price

Why do sellers have to sign so many pages just to counteroffer on price?

Base price on competition

Why it may not be wise to base your listing price on what similar parcels are selling for

Counter over the asking price

Can the seller counter over the asking price?

The imperfect relationship between selling prices and tax-assessed value for vacant land

The imperfect relationship between selling prices and tax-assessed value for vacant land

Dear Neighbor

Selling land? Write to the neighbors!

Woman Asking For Directions

How to write good driving directions

Cost-effective improvements you can make to sell your land faster and for more money

Reading the “days on market” tea leaves

10 reasons land sellers sometimes have so little knowledge about what they’re selling

Effect of wildfire on land prices

City or County?

Where to go to learn about building restrictions

No Money Down

No, the seller will not accept $0 down

How to ask if seller financing is available

Due diligence when buying California land: Answers to frequently asked questions

How to tell if a parcel is landlocked

10 reasons why land sellers should not accept offers from real estate wholesalers

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