Frequently Asked Questions
1. Why Should I Buy Land?
Land has historically been a safe, low risk investment. Not to mention that you can use the asset while you own it. You can enjoy your land to hunt, RV, camp, fish, hike or just kick back and enjoy nature by escaping the rat race (at least for a while). Land is limited in supply and demand continues to grow. In the last 50 years of the 1900s, the US population almost DOUBLED! And as Mark Twin said “Buy Land, they are not making any more if it!”
“BUY LAND AND WAIT – DON”T WAIT TO BUY LAND!” -Will Rogers
At the end of the day, it’s your call. Be smart so you don’t have to say you wish you had bought “back when it was affordable”!
2. Explain the Sale Process
On most of our properties we offer a discounted cash price or seller financing. If you are paying cash, after you make the initial down payment, we will contact you with instructions on how to complete the transaction. If you are looking to finance your purchase, please see the Do You Offer Seller Financing FAQ below. The closing process would depend on whether you would like to purchase title insurance or not.
3. How Much is the Closing Costs?
If you prefer to close through a title company and wish to purchase title insurance, you will be responsible for 100% of the closing costs. This varies depending on purchase price. Please contact us for additional details. If you close without a title company then we charge a flat Document Fee of $239 per property. This Document Fee includes charges for document preparation and filing of the deed.
4. Do You Offer Seller Financing?
We sure do! On most of our properties we offer financing. There are no credit checks and no qualifying process. If you have the down payment, you’re qualified! In addition, we sometimes offer 0% financing depending on the property. Please see the details of a specific property for more information. There are no pre-payment penalties – you can pay off your note anytime. There are also no surprise balloon payments. You pay one low payment until your note is paid off.
We also offer a 1-Year-Same-As-Cash program. This means that if you pay off your note within 12 months, we will discount the note to match any advertised discounted cash price!
5. How Can I See the Property?
Our properties are scattered far and wide. We cannot physically go with you to see a property but we encourage you to visit any property you wish to purchase. We will provide the necessary information – street address, GPS coordinate, etc – that you can use to physically go and easily find a property.
6. How Do I Make a Payment for the Land?
Payments are made by ACH debits from your bank’s checking or savings account. Monthly payments are by Auto-Pay (see below).
7. What is Auto-Pay?
For all seller financed transactions we will set up Auto-Pay. There is no cost to you for this service. Using Auto-Pay is a great way to avoid late fees and delinquencies while saving on stamps and envelopes at the same time. It is completely secure and you can elect to discontinue anytime.
8. Are There Any Liens on these Properties?
NO! On every parcel that we sell there are no mortgages, liens, encumbrances or tax delinquency. All our properties are free and clear or all liens.
9. What About Property Taxes and HOA Fees?
At the time of purchase, all taxes and fees will have been paid up. From the purchase date onward, the taxes and HOA fees are your responsibility as the new owner. On seller financed parcels, we will be escrowing the taxes and HOA fees and pay them on your behalf.
10. Are you a Realtor? Do I need a Realtor to Purchase?
We are not Realtors. We own the land we sell. We try to pass on as much savings as we can to you directly. You are still welcome to use a Realtor and/or a Title Company at your own expense to act on your behalf.
11. Can I put an RV or Mobile Home on the Land?
Sorry, but no… You cannot live in a Mobile Home or an RV while you are making payments on the land.
12. Can I Build on the Land? or Store “stuff”?
In most cases, no. You cannot build any structure, including a shed, barn, or fencing on the property until the property is titled in your name. You also cannot store any containers, cars, campers or similar on the land. In addition, no timber can be removed from the land until it is titled in your name.
13. Terms and Conditions
We guarantee that there are no mortgage liens, tax liens, judgments or any other encumbrances that will cloud title of any property that we sell. Each property is sold on an “as is” and “where is” policy. All information regarding a particular property is correct to the best of our knowledge. We do not guarantee it accuracy. Mineral rights, utilities, road access, zoning, constructability are the responsibility of the buyer to determine.
We encourage and urge the buyer to research and visit the property before making a commitment to buy. It is the buyers responsibility to ensure that the property is appropriate for the Buyer’s intended use.
All sale are final. Failure of the Buyer to perform due diligence before purchasing a property will not be grounds for modification or termination of the sale.