
I'm sitting here waiting on a lot contract to come through. Seller wants a little above the county assessed land value. Its a suburb of Atlanta and the last lot in this subdivision. I haven't had success finding lot buyers in the past so never got any under contract. This particular lot is in an award winning community and its hard to find any for sale unless they were foreclosed on. Properties are not cookie cutter, most are brick with at least 2000 sqft living space and prices range from $200k to $400k which is awesome in the Atlanta market. All utilities are there and I even have the covenants from HOA...
Questions:
Was I right for just accepting county value as my offer or should I have gone lower?
Is the closing process the same for lots?
What info does one need to give to buyer to make them jump all over the deal?
Should I be looking for builders to market this to?
What is a plat?