When landowners sell directly to professional investment firms like Elder Tree Investments, they get the peace of mind that every property goes through rigorous due diligence before an offer is made. Contrary to popular myths about cash buyers, comprehensive due diligence and evaluation isn’t skipped - it’s a crucial part of our acquisition process to protect all parties involved and ensure fair valuations.
Our team of land analysts follows consistent protocols when pursuing any vacant land purchase:
✓ Title Search & Records Review
Using county assessor records and proprietary database tools, we start by conducting a thorough title search on the property’s ownership records. We verify clear title and lien/encumbrance status before proceeding.
✓ Site Characteristics Analysis
Our analytics team then assesses every key physical attribute of the property ranging from zoning/land use regulations, accurate total acreage/boundaries through professional surveys, topography & terrain evaluation, accessibility and more. We also gauge proximity and area growth factors.
✓ Environmental Assessments
Depending on the location, we may require environmental assessments for potential issues like soil contamination, hazardous risks, or other environmental liabilities that could impact use. We use licensed inspection firms for this critical step.
✓ Development Potential Assessment
For land with commercial/residential development possibilities, our team will analyze what could be legally built based on all zoning regulations, as well as model projected costs to determine residual land valuations.
✓ Comparable Market Analysis
Finally, we look at recent comparable sales for similar vacant land properties in the immediate vicinity to benchmark a fair value price range for each unique property.
Only once we’ve completed full due diligence across all these areas do we formulate and extend our final purchase offer to a landowner. This comprehensive process protects both parties by confirming all necessary legal/environmental compliance and determining a valuation before sale.
While this multifaceted due diligence process requires our internal team’s focus and diligence, it’s a critical part of how Elder Tree Investments delivers professional, reliable land acquisition services. We stake our reputation on making landowners’ offers they can feel confident are transparent and reflect true value for their property.