The American Land Man

#64 - My Chaotic As-Is Purchase: Deal Gone Wrong?

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On today's episode of The American Land Man Podcast, we are back in the studio talking with repeat guest Michael Turner. We get into the importance of accurate disclosures in real estate transactions, highlighting a story about a problematic as-is home purchase, negotiation strategies for land improvements and the need for problem-solving skills in the real estate industry. We Discuss:

  • Utilizing a land contract can be a beneficial option for both buyers and sellers
  • Buyers with cash are more likely to make purchases than those relying on financing
  • Even when buying a property as is, buyers have the right to expect accurate disclosures
  • Understanding the challenges agents face when juggling multiple tasks
  • For every dollar spent on property improvements, expect a return of three to five times the investment
  • The importance of thoroughly inspecting a property before making an offer
  • An inaccurate disclosure can impact the buyer's decision and potentially lead to legal issues
  • Bringing electric to the site adds value and utility to the land, making it more appealing to buyers
  • Installing a well or checking the status of an existing one can provide valuable water access for future buyers
  • Time and market improvement can increase equity gain, further boosting investment returns

    • And So Much More!


    Connect:

    -https://www.whitetailproperties.com/agents/michael-turner

    -https://bit.ly/NeilHaugerWhitetailProperties

    -https://bit.ly/NeilHaugerFacebook

    -https://bit.ly/NeilHaugerYouTube

    -https://bit.ly/NeilHaugerInstagram

    ...more
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    The American Land ManBy Neil Hauger
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