Land Pros 365 mail offer

[Hordur Arnarson]

Hey all, long time lurker, first time poster here.

I just got an offer in the mail for some vacant land in Imperial County (near Truckhaven/Salton City) that I've held for a few years.. The company is Land Pros 365 and upon a quick google search I'm not finding a lot about this outfit.  The offer would net me a solid profit on a small investment, so it's worth at least considering.

But are they legit?  Curious if anybody here has experience with this company.  

Thanks in advance!

[JT Olmstead]

If you own a piece of vacant land (especially in the Southern half of the country) you absolutely have (or will) get an offer like this. The niche of sourcing vacant land via direct mail has been growing quickly over the last few years.

It can be difficult to ascertain how legitimate a specific buying company is but the quality of their communication is often a good indicator. They will commonly send "Blind Offers" for the property but the accuracy of their initial pricing varies wildly.

If the price works for you and they seem communicative I would simply make sure that:
1. You require an all-cash purchase (as opposed to allowing them to tie up the property for months at a time with no skin in the game)
2. You close through Escrow (Some buyers will try and get the deal done outside of escrow. This is rarely advisable)

I'm sure these are things you've already considered but they are the most common issues I see people running into when dealing with land buying companies.