Our Properties:
The properties we list for sale are ones that our company has full ownership of. We do not share ownership with any other party, and they are not mortgaged or financed – we own them outright.
We are not representing any other 3rd party owner. In every sense of the word, these are “For Sale By Owner” listings.
We usually have a Warranty Deed or Special Warranty Deed for these properties.
We owns these properties free and clear of all liens, judgments, or other encumbrances. That means no back-taxes are owed, there are no liens (such as mortgages, etc), and no other judgments prohibiting the free sale to another party.
No. All back-taxes are paid, and these properties are up-to-date on their property-taxes.
You sure can! We do not arrange on-site or in-person showings of these properties. Since we are generally located a long way from the land, we invite you to visit at a time that is convenient for you.
We can provide a lot of helpful information to help you get familiar with the parcel of land. This would include:
The web-listings themselves (which contain lots of useful detail, including contact information for local county offices).
Downloadable Property Information Sheets.
Downloadable Mapping (KML) Files to allow you to use your smartphone GPS device to see your position in relation to the approximate property boundaries.
HOA Covenants (if applicable).
All of this information can be found in our online property listings.
A percolation test (perc-test) is needed whenever a septic system is going to be installed on the land, to allow a dwelling to be built. Since some of our land is not going to be used for living on, we don’t get all of our land perc-tested.
That said, sometimes the land we acquire for sale has been tested in the past, and so county records may show an older perc test that was performed.
Sometimes we have a survey, but usually not. Unless there is an important reason to have the parcel surveyed (like if we believe the acreage or boundaries to be incorrectly recorded at the county offices), we generally will not order a survey be done.
These lines are an approximation based on county records. They are usually fairly accurate, but not always. If we have reason to believe that serious inaccuracies exist which will affect the resale value of the land, we will usually order a survey be done.
Our Process:
No we are not. We are real estate investors.
A real estate agent or realtor works on behalf of the true property owner. They have no ownership claim to the property being sold. As such, they require a license to perform that service.
We on the other hand are the property owners. We do not require the help of a real estate agent to sell our property for us – we do it ourselves. We are more akin to a “For Sale By Owner” listing you might have seen in the past.
You’re welcome to use a Buyer’s Agent if you prefer – although, depending on the economics of the deal, we may or may not offer a commission for your Buyer’s Agent.
Why? Because most – if not all – of the work that a real estate agent might help coordinate for you, we handle ourselves anyway. And also, because we offer our properties at such amazing prices, there’s usually not much meat left on the bone to pay a real estate agent unnecessarily.
Usually we require a $499 deposit to reserve the property. This can be paid on our website with your credit card.
Then we send you some preliminary paperwork to establish your identity, the general terms of the sale, and disclose what we know about the property.
After you sign these papers, we set up a date to close the deal usually via a Title or Escrow Agent or Real Estate Attorney. This is dictated by the state we are operating in at the time.
Sometimes the state law allows you (the Buyer) to have preference in choosing a Title or Escrow Agent, etc. We welcome you to exercise this right if you have a preference. But otherwise, we will usually recommend someone we have worked with in the past.
At the time of closing, you will pay the balance of the sale price, (or the balance of your down-payment if you are entering an Owner Financing contract with us), and the Deed to the property will be signed over to you.
You are now the proud owner of some vacant land!
Depending on the property, we may offer Owner Financing in some cases. If this payment option is available we will usually advertise it on the property listing.
In case you would like to request other payment terms (loan length, down-payment amount or installment amount), please contact us to discuss.
For the initial deposit payment, we accept all forms of payment – but recommend credit card since it will immediately reserve the property for you.
For the balance of a Cash Sale we accept cashier’s check or wire transfer.
In the case of a Terms Sale, we accept a cashier’s check or wire transfer when paying the balance of the down-payment at closing. For the monthly installment payments we accept personal check or online bank transfer.