Wholesale Land

[Joe Ortiz]

Hello all! I am in need of you expertise :)

Hello everyone! I am in need of your expertise. :)

I received a call from a guy off my absentee SFR campaign. He has a vacant lot that he wants to sell. I wasn't expecting this. What are some questions I can ask him to gather more info on it? I have looked it up in the county assessor and found out the size, and what it's worth. I asked him how much he wanted to get for it, but he came back with "well, why don't you make an offer and we can start from there." We are conversing via e-mail per that was his request.

Per county assessor:

Land Value: $32,930.00
Improvement Value: $0.00
Full Cash Value: $32,930.00
Assessed Full Cash Value: $5,269.00
Limited Value: $23,578.00
Assessed Limited Value: $3,772.00
Value Method: Market
Use Code: 0001
Property Use: VL-UNDET-URB-SUBDIVIDED
Class Code: Vacant
Assessment Ratio: 16.00%
Parcel Size: .26 Acres

The other lots around the area are all similar size and value.

Thanks!

Joe