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Purchasing & Developing Land - Part 5 - Reselling It - Raw or Developed

Eppraisal

Owning raw land has real potential along with its share of pitfalls. Whether you decide to hold it and sell when real property values climb or -- alternatively -- develop the lot to convey at a higher price, you are subject to forces of market, timing and competition. A good lawyer will see them coming.

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How to Become a Real Estate Agent in Illinois (IL) in 5 Steps

Housing Wire

According to the Illinois Department of Financial and Professional Regulation (IDFPR)’s Division of Real Estate, there is no “real estate salesperson” or “real estate agent” license in Illinois. Anyone who wants to buy and sell real estate in Illinois must possess a real estate broker license. [1]

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Ohio Land for Sale: Is the Market Still Ripe for Growth in 2022?

The Robert Weiler Company

A whopping 3,644 homes closed during that busy summer month, 15.6 As the housing shortage and supply chain issues pressured rent prices and home values, residential land (and industrial land) experienced a rise in demand. A land contract is a legal agreement used to purchase real estate through owner financing.