It's been years since I've had the opportunity to represent a buyer that is interested in purchasing land. When the economic recession hit, land values along with home values took a nose dive. In the past few years here in Arizona both of these values have increased and land owners are now embracing the prospect of being able to sell their properties once again. This past week I was contacted by a buyer interested in a 5-Acre piece of land in San Tan Valley, Arizona which is an area about 15 minutes outside of Gilbert.
I've been a representative for both buyers and sellers on land transactions dozens of times throughout my real estate career. Purchasing and selling land is a completely different type of real estate business. There are so many contrasting aspects you need to consider such as easements, utilities to the property, road maintenance, and zoning laws..read more.