01-14-2022, 09:09 PM
I need advise - buying land through an investment company
<!-- SC_OFF --><div class="md"><p>Hey everyone! I'm looking at buying some land that is sold by an investment company, PD Realty LLC based out of Oregon. Has anyone heard of them? I can't find much on them.<br/> They have land listings on places like <a href="https://landwatch.com">landwatch.com</a>. I found a property I like that is sold by them, I thought they were the listing company, but they told me they're just an investing company that was was sought out by the seller to list the property for them (sounds like a realtor to me). They want $500 "paperwork" payment to take the property off of the market and start all the paperwork. They have agreed to terms I laid out, and will "close" with the title company and transfer the title to me when terms are fulfilled. Does this sound legit? Has anyone ever bought property through an investment group like this? Thanks in advance!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/smashbridges"> /u/smashbridges </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/s3w8u8/i_need_advise_buying_land_through_an_investment/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/s3w8u8/i_need_advise_buying_land_through_an_investment/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Hey everyone! I'm looking at buying some land that is sold by an investment company, PD Realty LLC based out of Oregon. Has anyone heard of them? I can't find much on them.<br/> They have land listings on places like <a href="https://landwatch.com">landwatch.com</a>. I found a property I like that is sold by them, I thought they were the listing company, but they told me they're just an investing company that was was sought out by the seller to list the property for them (sounds like a realtor to me). They want $500 "paperwork" payment to take the property off of the market and start all the paperwork. They have agreed to terms I laid out, and will "close" with the title company and transfer the title to me when terms are fulfilled. Does this sound legit? Has anyone ever bought property through an investment group like this? Thanks in advance!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/smashbridges"> /u/smashbridges </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/s3w8u8/i_need_advise_buying_land_through_an_investment/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/s3w8u8/i_need_advise_buying_land_through_an_investment/">[comments]</a></span>Kind Regards R