Here’s How To Buy Land From American Land Sellers With Seller Financing
Do you want to buy land in Florida to build, camp, hunt, invest, or just to be able to say you own some property in FL?
Have you tapped out your funding sources but still want to buy vacant land?
Do you have less-than-perfect credit but still want to invest?
Here are your options, including one option that you may not be aware of…
How To Buy Florida Land On A Budget
We offer many different options to purchase land in Florida. This variety of ways helps investors and regular people build their investment portfolio while accessing all sources available to them, or using leverage:
- Some people use their own cash
- Some people use traditional bank financing
- Some people work with private or hard money lenders
All three of these ways are popular ways to fund a land purchase.
But there’s another way to buy land that you may not be aware of: by using owner financing.
What Is Land Owner Financing?
Owner or seller financing is when the owner of the land finances the purchase of the land themselves. The owner acts just like a bank, giving you the land in exchange for receiving regular payments for the land until it is paid in full. Typically, the land itself is the collateral.
Think of it just like getting a mortgage from the bank, but without all the hassle and paperwork and credit checks and pre-approval.
Landowners like owner financing because it allows them to sell more property, including those who might not normally be able to afford the purchase, while also providing a steady stream of cash flow.
Buyers like owner financing because it allows them to invest in more property even if they don’t have the full amount of money available today.
Seller Financing: How Does It Work Here With American Land Sellers?
When you buy land in Florida from us, many of our properties have owner financing available, so if this is something that interests you, just reach out and let us know.
We’ll complete the purchase as normal and we’ll still require an earnest money deposit or down payment. However, instead of the full payment due upon closing, we’ll set up a payment plan that includes the principal plus nominal interest, as well as the term of the loan.
The land is the collateral itself, so if you no longer want the property, you can simply return it to us and you will not be expected to pay anything else.
There is no penalty for early payment of the land.
Call Us Now at (877) 463-9755 to discuss the type of land you’re looking for
or fill out the quick form below to see available land.
Fill out the quick form below to get more info on land TODAY!