Frequently Asked Questions
Everything you need to know about selling your land to Drake
Getting Started
How quickly can you make an offer?
We typically provide cash offers within 24 hours of receiving your property information. Our team works quickly to evaluate your land and provide a fair, competitive offer based on current market conditions.
What types of land do you purchase?
We buy all types of vacant land including undeveloped parcels, farmland, ranch property, recreational land, inherited property, and commercial lots. We purchase properties ranging from small residential lots to large acreage.
Do you buy land in all states?
Yes! Drake Land Acquisitions purchases land in all 50 states. We have experience with the unique requirements and regulations in each state, making the process smooth regardless of your property's location.
The Selling Process
How does the process work?
It's simple! First, submit your property information through our form. We'll evaluate your land and send you a cash offer within 24 hours. If you accept, we handle all the paperwork and you can close in as little as 7 days or on your preferred timeline.
Do I need to do anything to prepare my land for sale?
No! We buy land as-is. You don't need to clear it, clean it, or make any improvements. We handle everything and purchase properties in any condition.
Can I change my mind after accepting an offer?
You're never obligated to sell. You can cancel anytime before closing without any penalties or fees. We want you to feel completely comfortable with your decision.
Costs and Payment
Are there any fees or commissions?
No! We cover all closing costs and there are no realtor commissions or hidden fees. The offer we make is the exact amount you'll receive at closing.
How do you determine your offer price?
We research comparable sales, location, access, zoning, utilities, and property features to make fair, data-driven offers. Our goal is to provide competitive offers that reflect true market value while allowing us to make a reasonable return on investment.
How do I get paid?
Payment is made via wire transfer or cashier's check at closing through a reputable title company or attorney. You'll receive your funds on the day of closing.
Special Situations
What if I owe back taxes?
We can often work with properties that have tax liens. We'll work with you to understand the situation and may be able to pay off the taxes as part of the purchase process.
Do you buy properties with title issues?
Yes, we have experience dealing with various title issues including probate, missing heirs, boundary disputes, and more. We can often help resolve these issues as part of the purchase process.
Can you help with inherited property?
Absolutely. We specialize in helping families sell inherited land. We understand the emotional and legal complexities involved and will guide you through the entire process with compassion and expertise.