Get Your Fair No Obligation Cash Offer Now!
Owner, Green Tara Investments LLC
12. Land that is simply too much of a trek to travel out and deal with
Sellers who want quick turnaround
Almost none. We do all the work.
Nothing. Zero. We pay for research, title, closing.
High. We use our own money.
Less than a month
When you have time to wait and watch
Quite a bit. Chasing the agent, site visits, document review
Commission (6-12%), closing costs, and concessions
Medium. After weeks of contract, buyer financing may not happen
3-12 months, at times longer.
Patient sellers, those with knowhow
A lot. Marketing, site visits, negotiations, document review
2k to 5k. Title Insurance, Listing fees, Legal expenses
Low. Finding an eligible cash buyer is like finding a needle in a haystack
0.5 to 2 years. You are the resource, no external help
Statewide Reassessment Tax Shock: Court-mandated countywide reassessments across New Castle, Kent, and Sussex counties—the first since the 1970s and 1980s—have triggered major assessment increases. Owners of raw, unimproved acreage now face higher property tax burdens on non-income-producing land.
Farmland Roll-Back Tax Penalties: While active agricultural and forestry land receives reduced tax valuations under state law, letting a parcel lie fallow or changing its use triggers “roll-back taxes” for up to 10 preceding years plus statutory penalties.
High Realty Transfer Tax Friction: Delaware imposes a combined state and local Realty Transfer Tax of 4% to 5% on property conveyances. Retail buyers frequently lower their initial offers or cancel contracts during escrow to offset these high transaction fees.
Strict Non-Tidal Wetlands Regulations: Under Delaware’s Wetlands Stewardship Act, the Department of Natural Resources and Environmental Control (DNREC) strictly regulates non-tidal and freshwater wetlands. Unimproved land requires complex environmental permitting, causing DIY retail buyers to walk away.
Extended Days on Market & Financing Fallouts: Raw acreage in Delaware’s outer rural pockets averages 120 to 180+ days on the retail market. Direct cash buyers eliminate lender appraisal contingencies, survey delays, and financing dropouts.
Coastal & Septic Environmental Constraints: Parcels within coastal watersheds face strict Coastal Zone Act oversight and health department septic perc requirements. High site-prep costs routinely scare off private buyers, leaving land sitting unmonitored and incurring tax liability.
Sources:
We perform in depth due diligence on the land and may request you for additional information. We use trusted 3rd party title companies and notaries to open escrow and begin title examination.
Sell Land Fast Kent
We Buy Land for Cash Sussex