BUYING LAND
Buying land has never been easier. You have a choice of paying all cash up front for a discount or we will finance the purchase with a small down payment and affordable monthly payments. Not only do we offer low monthly payments, we also offer no prepayment penalties. Pay of the note anytime.
HOW IT WORKS
- We encourage you to visit the property and do your research to make sure that the property suits your needs. We will pass on all information we know about the property to you.
- Make the $299 Document Fee payment to secure the property. This is for preparing the documentation
- We will email you the paperwork and guide you on completing your purchase with a notary
- Sign the Agreement with associated documents and make the down payment.
- Cash Transactions: Once we received the documentation fee, down payment, and the signed paperwork, we will accept the balance of the payment. After receiving full payment, we will submit a notarized deed in your name to the County Clerk for recording and a copy will be sent to you.
- Finance Transactions: Once we received the documentation fee, down payment, and the signed paperwork, your payments will be set up with a loan servicing company. You continue to make monthly payments as per the Land Contract Agreement for the duration of the contract. Once all payments are completed, we will submit a notarized deed in your name to the County Clerk for recording and you will receive a copy.
IMPORTANT: We sell all our owner financed properties with a Land Contract Agreement. That means we hold title to the property until the terms of the Land Contract Agreement are fulfilled. Once payments has been completed, a notarized deed will be recorded with the county recorder in your name and a copy sent to you.
For Financed Transactions, the Buyer is only allowed to make improvements to the property after a minimum of 30% of the note balance is fully paid. All improvements MUST strictly adhere to the relevant County Code of the County in which the Property is located. Buyer may not store equipment, supplies, containers, vehicles or campers, cut or remove timber or any trees from the property during this contract unless it is necessary due to ongoing improvements.
Additional Information for Financed Purchases
- There are no prepayment penalties, the loan balance can be pre-paid or pay in full at any time
- There is a $299 NON-REFUNDABLE Document Fee for each sale
- A loan servicing fee and prorated taxes are collected monthly as part of the payment
