All of the available properties shown on our website can be purchased IMMEDIATELY with a down payment that generally ranges from $500-$2,500 (a few tracts require a larger down payment).
There are NO credit checks to purchase a property. All properties are owner financed (financed by us) with a payment term that is generally calculated at about 15 years.
A larger down payment gets you a lower interest rate/payment amount, and you have 12 months to add to your down payment in order to get a lower interest rate/payment amount! Buy your dream property now with just the minimum down payment (as will be shown on the listing page for any available property) and you can add to your down payment at any time within the next 12 months, to get the REDUCED interest rate/payment amount!
Also, if you decide to payoff your property in the first 5 years, you will receive a discount in the amount of 10% of the purchase price.
Can it really be this easy??
YES! Because we own every property that we sell, we cut through much of the “red tape” you would normally be forced to endure when purchasing a property! You can make your down payment today and be using your property for camping, hunting and more, within hours!
The table below shows some common questions that we hear from our buyers:
Question | Answer | ||
---|---|---|---|
Can I purchase online, or do I have to come into your office? | |||
Can the paperwork be emailed to me? | YES! We use Docusign to email the paperwork to you (normally within hours of your purchase). We can also mail you a physical copy of the paperwork, after it has been signed with Docusign. | ||
Once I make my down payment through your website, how long before I can use my new property? | Because we normally email the paperwork to you with Docusign, you can often be enjoying your property the very same day you make your down payment! If we send your paperwork through the mail, the entire process takes about a week. | ||
I want the lowest interest rate and payment amount, but I just want to pay the minimum down payment right now. | Perfect! You can buy the property with the minimum down payment (as shown within the listing page), and you have a full TWELVE MONTHS to add to your down payment, in order to reduce your interest rate and payment amount. – Don’t let a temporary lack of funds stop you from securing your dream property! | ||
Do you do any type of credit check before I buy a property? | No. We do not do a credit check before you make your purchase. We may ask you a few simple questions to make sure that land ownership is right for you and your specific situation. | ||
After I purchase my property, when will my first monthly payment be due? | Generally your first payment will be due one month from your purchase date. If you have a “preferred” due date (many people prefer the 1st or 15th) just let us know and we can customize your due date. | ||
Will I get a “free and clear” Warranty Deed after my property has been paid for in full? | YES! After your property has been paid for in full, we prepare the Warranty Deed and send it to the appropriate county for recording. We pay all charges related to the drafting/recording of the Warranty Deed. | ||
Our interest rate is never dependent on your credit score or past payment history. Even with a down payment of $500 (not available on all properties) we offer an annual interest rate never higher than 9.75%. With a larger down payment your rate can be as low as 5.75%. Please see the chart below for the interest rates we offer on all properties sold through our website:
Down Payment Amount | Annual Interest Rate |
$500 Total Down Payment: | 9.75% Annual Interest |
$1,500 Total Down Payment: | 7.75% Annual Interest |
$2,500 Total Down Payment: | 6.75% Annual Interest |
$5,000 Total Down Payment: | 5.75% Annual Interest |
Even when you make just the minimum down payment shown on the listing page, you still have 12 MONTHS to reduce your interest rate to a rate as low as 5.75%.
After making your down payment you will have a full 12 MONTHS to make additional principal payments which will be credited toward the total down payment on the property. Additional principal payments are “extra” payments you make other than your normal monthly payments (or you can include them when you pay your normal monthly payment). The chart above will still apply to any additional principal payments you make in the first 12 months!
Our goal is to assist ALL of our customers in reaching our lowest possible interest rate. So, even if you don’t have the extra funds right now to get to a lower rate tier, you can do so at any time over the next 12 months. You can add a little extra each month or you can add a large additional down payment at any time. As soon as you reach the next down payment tier, your interest rate and payment amount drop IMMEDIATELY!
No prepayment penalties, no gimmicks and no surprises.
See the chart below for an example of how your down payment would reduce your monthly payments on a property with an example purchase price of $19,500 and a term of about 15 years.
Down Payment Amount on “example” sales price of $19,500 | Annual Interest Rate | Monthly Payment Amount |
---|---|---|
Minimum Down payment of $500: | 9.75% Annual Int. | Payment of $201.28 |
$1,500 Total Down Payment: | 7.75% Annual Int. | Payment of $169.43 |
$2,500 Total Down Payment: | 6.75% Annual Int. | Payment of $150.44 |
$5,000 Total Down Payment: | 5.75% Annual Int. | Payment of $120.41 |
If you choose to make a monthly payment that is higher than your scheduled amount, you are of course free to do so (your loan would then be paid off more quickly).
Property taxes and maintenance fees (if applicable) are already included in the payment amounts you see on a property’s listing page. For example, if real estate taxes and maintenance fees on your property are $35 a month, that amount has already been included in the monthly payment amount shown on the listing page. If you wish to make a separate payment each month for property taxes/maintenance fees then you can do so.
Price and monthly payment amount(s) for any available property can be found on that property’s listing page.
Simply pick the property you wish to own, then click on the “Buy Now” button at the right side or the bottom of that property’s information page. Also, you may contact us by phone or email to purchase a property. Upon receipt of your down payment we will begin drafting your paperwork immediately. Your paperwork will then be sent to you through email (we use Docusign for this). If you would prefer that we send you the paperwork in the mail, we will be happy to do so.
When you sign the paperwork through email (with Docusign) we will still mail you a fully signed paper copy for your records, after you have signed through Docusign. Below, you will see a link which will show you a sample of the paperwork that we use.
Click Here To See A Sample Copy Of The Purchase Agreement
Once we receive your signed paperwork you can use, camp, hunt, build on and enjoy your property (subject to any Property Covenants, of course). You can be camping and enjoying your new property within hours of making your down payment!
Your fully signed Purchase Agreement is your proof of ownership of the property, while you are making payments to us. This Purchase Agreement can also be referred to as a Contract for Deed. After you have owned the property for five years (giving you ample time to take advantage of the 10% discount for early payoff) you will have the option of converting the agreement to a Warranty Deed/Deed of Trust (or mortgage in many states) which would then be recorded with the appropriate county. You also have the option of simply continuing with the Contract for Deed, if you find this to be a better option for you. Either way, after you have paid for the property in full, the necessary paperwork will be recorded with the county giving you full “free and clear” ownership of the property.
We have also found that near the “five year mark” a large number of buyers prefer to refinance the property through their local bank (or a national bank) for the remainder of the loan because not only can they than receive the 10% discount, but often a bank can have financing options with lower rates and payments. Even if you happen to have “less than perfect” credit, many banks are very interested in helping to refinance a property that you have been making payments on for a few years.
For another look at the sales process, please see below:
Once you have selected your property and made your down payment we will send your the simple Purchase Agreement (through email, using Docusign).
You will simply need to read over the Purchase Agreement and sign it (with Docusign, if we sent it to you through email), or by returning it to us in the enclosed envelope (it it was sent to you through the U.S. Mail). We are available to answer questions at any step along the way.
If you signed the Purchase Agreement electronically with Docusign, you will immediately be able to print a fully signed copy. If you signed the Purchase Agreement and returned it to us in the U.S. Mail, then as soon as we receive it we will also sign, then make a copy and return the completed signed copy back to you.
Now both the Buyer (you) and the Seller (us) have a signed copy of the Purchase Agreement.
You are now free to use and enjoy the property.
The fully signed Purchase Agreement is your proof of ownership of the property. You may now begin camping, hunting, and using the property immediately (subject to the property covenants).
Now you have TWELVE FULL MONTHS to add to your down payment in order to reduce your interest rate. You also have 5 years to pay off your property in full if you are interested in taking advantage of the 10% discount for payoff.
The Warranty Deed will be drafted under your name and recorded with the county, after the property has been paid for in full.
Congratulations, your property is now free and clear! You own a valuable asset which you may decide to hand down to future generations!
Also, once your property is “free and clear” you may cut/harvest/sell the timber on the property. Maybe it’s time to build that log cabin you’ve always wanted! Or, maybe you will decide to let the timber continue to grow and increase in value, for yourself or for your children.
We pay all costs for drafting and recording the above documents. We charge NO closing fees or document fees.
If you have any questions about the sales process please do feel free to email us at [email protected] or call us at (417) 767-2223 and one of our helpful representatives will be happy to answer all of your questions.