1. How can you find out how much the land is worth before selling it so that you aren't tricked into selling it for less?

Asked over 1 year ago - New York, NY

We have property and land in South Carolina, but are unable to travel back and forth between there and New York. We have given a relative power of attorney because he is a real estate agent and lives close. Currently, there are some who wish to buy the land in order to build condominiums.

Attorney answers (4)

  1. Joshua Richmond Lippes

    Contributor Level 13

    8

    Lawyers agree

    Answered . Have a real estate appraisal performed. This would be the best way to find out the value of your property.

    If you found this "helpful" or "best answer," please click it with my appreciation. This response does not... more
  2. Peter J Weinman

    Pro

    Contributor Level 18

    7

    Lawyers agree

    Answered . I agree with the others, but want to suggest that it if you have given Power of Attorney to someone in whom you do not have the utmost trust and confidence, you ought to consider revoking that power.

    The fact that you worry about being tricked by him concerns me.

    I may be guessing or not licensed in your state. No atty/client relationship exists. I earn my living collecting... more
  3. Eric Edward Rothstein

    Contributor Level 20

    6

    Lawyers agree

    Answered . Get an appraisal and ask the agent for comparible sales.

    I am a former federal and State prosecutor and have been doing criminal defense work for over 16 years. I was... more
  4. J Charles Ferrari

    Contributor Level 20

    7

    Lawyers agree

    Answered . By having it appraised.

    J Charles Ferrari Eng & Nishimura 213.622.2255 The statement above is general in nature and does not... more

Related Topics

Real estate

The term real estate means land and items permanently attached to it, like buildings. This area of law deals with who has the right to own and use these items.

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