ehow Generally, the process of finding unclaimed land in the US and acquiring it for free is called “homesteading.” Homesteading laws were introduced to transfer vacant land owned in the public domain to private ownership, but these laws were repealed in 1976. Today, any such land has to be classed as “unneeded” by the government […]
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"Quite often investors are willing to pay cash a land parcel and with the recent tightening of financial restrictions, coupled with the growing number of complaints about low appraisals, having a cash buyer has become even more appealing."