Step 1: Choose your property
Browse through our property inventory here and see what payment options are available. In addition to a cash price, we usually include an easy owner financing option. When you have found the right property for you, shoot us an email or give us a call!
Note: If you want to make sure you get the property before anyone else, you can reserve the property immediately online for a certain holding fee, usually $100. This fee counts towards the full price of the property. To do this, just click on the "Buy Now" button in the listing. We will hold the property for you until you receive a Purchase and Sale Agreement from us (see Step 2 below). When this agreement is signed, we move forward with the closing (Step 3-5).
Step 2: We sign an agreement
We will draft a simple Purchase and Sale Agreement which we will send over to you for signing. This agreement states all the necessary details of the transaction and is used as security for both parties.
Step 3: You make the remaining payment OR We open escrow
As soon as we receive the signed agreement back from you we will close the deal in one of three ways (depending on what we have agreed upon):
Option 1: You make the remaining payment by credit card (or bank transfer) and we prepare the deed and mail it to you. You will then just have to record it at the county (we will send you instructions of how to do this). This option is by far the cheapest, fastest and simplest one.
Option 2: We use an online escrow service called Safefunds (read how it works on their website). Basically we will open an escrow account into which you transfer the funds. The money will then be held in that account until you have received the deed from us, whereupon Safefunds releases the money to us. This option is also very cheap but it will require you to make a free account at their website. As it involves a third party, it is also slightly more complicated.
Option 3: We use a title company that acts as a neutral third party and handles the rest of the closing. This is the most expensive option and it usually takes several weeks longer to close the deal this way. If you still want to go by a title company, you will usually have to pay all of the closing costs. Also, please note that we will not pay for title insurance, so it is up to you if you want it or not.
We recommend Option 1 but it is up to you to choose which one will suit you best.
Step 4: We sign and notarize the deed
Step 5: We close the deal!
As soon as you receive the deed in the mail, the property is yours to use. All you have to do now is send the deed to the county to have it recorded, but don't worry - we will give instructions of how to do this. Note: If we use a title company to close the deal, they will do this step for you.
Congratulations to your new land!