Oklahoma plot sale for cash

The process typically involves finding a reputable cash buyer, agreeing on a price, signing a purchase agreement, conducting due diligence (including title search and property inspection), and closing the sale through a title company or real estate attorney.

You can determine the fair market value by consulting local real estate agents, getting an appraisal from a certified appraiser, researching recent sales of comparable properties in the area, or using online valuation tools.

Yes, you may be responsible for capital gains tax if your property has appreciated in value since you purchased it. Additionally, there may be closing costs such as title insurance fees, recording fees, and possibly realtor commissions if you use an agent.