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Selling landlocked land
Land with no legal road access can be sold. It sells for less, and to fewer buyers.
Landlocked means no legal access
A track across a neighbour's field is not the same as a recorded right to use it. What matters is whether an easement or public road reaches the parcel on paper.
Ways access is obtained
- A recorded easement from a neighbour, often bought.
- An easement implied by how the land was originally divided, which may need a lawyer and a court to confirm.
- A sale to the adjoining owner, for whom access is not a problem.
What it does to value
Banks rarely lend on landlocked parcels and most buyers pass, so prices are well below those of similar land with access. Neighbours and cash buyers are the usual market.
Plainly stated. Our offer is a cash offer. It will be lower than what the land might bring if you listed it with an agent and waited for a buyer. In exchange you avoid commissions, listing time and the uncertainty of a sale falling through. We may buy the property ourselves or assign our purchase agreement to another buyer; either way the price you agreed is the price you are paid at closing.