While Buying Land, Try Owner Financed Land for Sale so as to get financing Flexibility
Posted on February 19, 2013
When you dream of owning your own piece of land in a beautiful countryside, there are so many things you might have in mind. Maybe a snug and beautiful house tucked away perfectly somewhere in a lush green forest or out on a plain with miles of knee high grass bowing to the wind and the sound of cattle in your barn. If you are more adventurous, you might envisage brandishing your favorite rifle within a hunting ground with games galore.
With dreams and hopes you go to your real estate agent, who gets you through all the procedures. He shows you images and information of many places that fire your imagination even further. Lands abound with wild games and outdoor sports, leaving you charmed and lost for words. However, after all the prompts and show, he stabs your dream with the price tag. After that, none of the other finance options that he explains sounds helpful.
This is a normal phenomenon while one sets out in search of a piece of land now days. Therefore, a thorough research is required on both the land you want to own and also the real estate agent or organizations that will help you get it. Researching on the land gives you a prior idea of what it is like – the value, benefits and disadvantages if there is any and so on. You can gather an ample amount of information from the Internet on your own. With the knowledge of the land, you should also find out about the realtors as much as you can. Some points you can look up on the realtor’s website are:
Their range of selection – You will have more choice with the one that has a larger range.
Information – Details like images of the actual land and surroundings, maps, charts, data, etc., are important as there should not be any unwanted surprises when you reach the actual place later.
Financing – Different realtors has different ways of catering to their customers. You can get more options and flexibility from the better ones.
Efficiency in handling the whole deal – This includes the paperwork, customer service, transaction, transfer of ownership, etc.
Credentials – This characteristic speaks volumes about the organization, they should have a real and proven record of experience in the field and genuine customer testimonials.
One of the greatest challenges of aspiring land owners are the modes of payments and finance. Most of the realtors will sell you only for a hundred percent payment or you say goodbye to your dream property. The banks are no better, they might be ready to finance you but with their killer rates, that will punch a hole in your bank account. However, if you search more keenly, you can find some real estate agents who sell their own lands. Since all of the land that they sell is the land that they own, they are able to provide you easier owner financing.
Therefore, get smart with some prior information and buy a cheap acreage for sale with all your dream features intact. Purchase a piece of land for ranching, hunting, recreation, or to build your home as rural lands are always a wise investment.
Written By: Lori Murphy
The writer is associated with Classic Country Land, an expert and efficient realtors with land for sale owner financing, government land for sale, hunting land for sale and many more unique property options.