New Jersey is one of the most diverse states in the country, and it’s also home to some of the more affordable property on the Eastern seaboard. Whether you want the hustle and bustle of New York City or the quiet green of suburban northern and southern New Jersey, this state has something to offer everyone. However, if you are ready to sell your New Jersey land, there are several ways to go about it. Some are more complicated than others, so you’ll want to carefully consider what your options are before you make a decision.
Selling to a Cash in on your New Jersey land buyer is one of the fastest and easiest ways to sell your property. These buyers are experienced and have the cash available to close on your property quickly. They can often close within 30 days or less, and they usually don’t require inspections or appraisals. Additionally, they can purchase your property as-is without you having to put any money into fixing it up.
Some people sell their New Jersey property for financial reasons, but there are many other reasons you might decide to sell your land. Maybe your plans for the property changed, or you are living too far away to enjoy it, or maybe you inherited it and want to cash out. Whatever your reason, selling your land to a cash home buyer is a great option to consider. This can help you avoid paying property taxes and other fees related to owning a vacant piece of land, and it can save you time and money when compared to listing with a real estate agent.
The Unclaimed Property Administration has estimated that the state of New Jersey is sitting on a combined $6 billion in unclaimed assets, including utility rebates, inactive bank accounts, and forgotten life insurance benefits. The agency publishes a list every fiscal year, so rightful owners can find out if they have any money or property that has been lost or forgotten.
A new law introduced by Assemblyman Alex Sauickie could help preserve New Jersey’s threatened farmland. The bill would establish a state agricultural development committee that can buy farmland from farmers before it is sold to warehouses or other high-density developers. The funds for these purchases would come from the state’s global warming solutions fund, which receives money through the Regional Greenhouse Gas Initiative.
A hard money loan for New Jersey real estate is a type of investment financing that doesn’t follow the same lending standards as a traditional mortgage or bank loan. This type of financing is typically intended for short-term real estate investments that aren’t owner occupied, and it can be a great alternative to the traditional buying process. PeerStreet offers a number of hard money lenders for New Jersey real estate projects, and the terms can vary from lender to lender.