How to Sell You Unwanted Burial Plot Fast

How to Sell You Unwanted Burial Plot Fast

Death is part of life, and because of this, many people may already own a burial plot as part of preparations for the future. However, there are instances when people may decide to sell their burial plots. These circumstances may include divorce, relocation, change of religion, or change in mortuary preferences. In cases like these, people need to know the options for selling their plots, especially if they no longer plan to use them.

Gary P. Cubeta from Insurance for Final Expenses offers this guide on how to sell cemetery plots fast. Knowing how to sell burial plots properly will help you get rid of and monetize any unwanted burial plot in your possession.

Know the Legalities of Selling Your Burial Plot

Selling a pre-owned burial plot may be challenging, especially if it is part of a family-owned lot. It is best to get consent from family members who are part owners of the plot. Married couples have joint rights to a cemetery plot; however, when couples get separated or divorced, there should be an agreement on who will keep the plot. There is an option to have your ex-spouse buy your share or sell both plots and divide the proceeds equally between you and your ex-spouse.

Likewise, it is best to consult with your parents, siblings, and other family members who hold rights to the plot for permission if it is a family-owned lot. Once you have the necessary consent, then you may go ahead and sell your cemetery plot.

Check State Laws

Another thing to consider in selling your burial plot is the laws governing the sale. The sale of burial plots is unregulated in most states. However, different municipalities may have different laws that dictate transactions involving cemetery plots.

For example, some municipalities may require that individuals who plan to sell their burial plots offer them back to the cemetery before selling them to a private buyer.

Check the Policy of the Cemetery

It is best to check whether or not the cemetery allows the private selling of unwanted burial plots. Some cemeteries, especially those owned by religious organizations, are strict about selling their burial plots and most often than not, will want these plots sold to members of their congregation.

Hence, it is necessary to inquire about the cemetery’s policy regarding transferring burial plot ownership. Cemeteries will often offer to repurchase the plot at the same cost at which they sold it. It is best to discuss with the cemetery manager or your city’s comptroller to check if the cemetery will honor the transfer of title of burial plots through private sales.

Assess the Market Value of Your Plot

If the cemetery does not allow private selling of burial plots, they may have the right to buy back the plot. However, the cemeteries will often buy them back at the same price they sold them. This means that you will not get any profit from the sale. However, if the cemetery allows you to sell your plot to private buyers, it is best to assess the current market value of the plot.

The value will depend on the location of the cemetery and the demand for burial plots. It is best to search for similar burial plots being advertised in the same cemetery or area. You can also determine the turnaround time of sales by checking how long the ads have been running. If you see ads for a burial plot that has been running for a long time without any takers, then you can alter your advertisement by offering a much lower price to sell your cemetery plot fast.

Advertise Your Plot for Sale

Most people shy away from purchasing items that are associated with death. This is why you may not see a lot of people looking for burial plots. But do not give up hope; people are looking for cemetery plots for sale, especially those preparing for their demise. The best way to reach your target audience is to advertise your plot through websites focusing on plot sales.

It is best to list down what type of plot you are offering and give details such as its address and the exact location within the cemetery. Adding pictures of the plot will guarantee more people see your advertisement, thereby increasing the likelihood of the plot being sold fast.

Remember, if you are left with an unwanted burial plot for whatever reason, there is no sense in holding on to it, especially if you do not want to be buried there in the future. The guide by Gary P. Cubeta from Insurance for Final Expenses on how to sell cemetery plots fast will help turn your unwanted burial plot into instant cash.