FAQ
Q. How does the buying process work?
A. You start with paying the down payment and document fee on the property (the doc fee is our cost to draw up the contract and is non refundable). We get some basic information from you to create the sales agreement, land contract, and promissory note. We send those documents to you by email for you to complete and electronically sign. Once you sign and pay the doc fee your monthly payments will start about 30 days later.
See full buying process here
Q. Can I improve the land while making payments? (wells, septic, build home, fence, etc)
A. As a general rule, no. The county usually requires the land to be in your name before issuing any permits. We will review any request for improvements on a case-by-case situation. It is always best to own the land before you invest more of your money into improvements.
Q. How do I pay for my property?
A. We offer you several easy payment options such as credit cards, ACH payments, bank wires, electronic checks, cashier’s checks, PayPal, and Venmo.
In most cases monthly installment payments can only be made through ACH transfer (we have a great automated payments service so you can set it and forget it)
Q. Do you close through a title company?
A. We offer in-house closing that is covered by the document fee. All deeds are issued as a Warranty Deed unless otherwise noted. If you prefer to go through a title company so that you have title insurance, the cost of that service is on the buyer.
Q. What is a Warranty Deed?
A. A warranty deed is a type of deed where the grantor (seller) guarantees that they hold a clear title to a piece of real estate and has a right to sell it to the grantee (buyer). You will receive a Warranty Deed upon completing full payment for a property.
Q. What is your refund or cancellation policy?
A. All owner financed properties come with a 60 day money back guarantee of your principal, excluding payment of document fees, monthly processing fees, and prorated taxes.
Q. Why do you charge a document fee?
A. The document fees take care of creating contracts, accounting, and processing fees: Deeds, legal contracts, etc. This fee is currently $249 for us to prepare all of the legal documents required for the purchase of the land.
Q. What is due diligence?
A. Due diligence is the research you, as the buyer, are urged to complete prior to entering into a contract. We have third parties that conduct title research and complete property reports for us to provide accurate information. However, there is no substitute for you doing your own research. Your research should include questions to state/county offices, health departments, building & planning departments, water resources departments, etc… We strongly encourage you to feel satisfied about your knowledge of the property PRIOR to buying.
Q. What is Zoning?
A. Zoning classifications tell you what a particular tract of land can be used for. We provide you with the zoning code and some of the basics of what you can use the land for. We advertise the land based on these zoning codes. We encourage you to verify information with the county as zoning can change over time (See Due Diligence above). You know how you intend to use your property so take the time to ask questions to verify the land can be used in a way that fits your goals. As always we are here to help answer any questions we can to help ensure you find a property that fits your needs!
Q. Is someone available to help me locate the property?
A. Land to Land Holdings LLC is not local to many of the properties and cannot meet you with you to show the location. However, we provide google map links to the property along with GPS coordinates. The map and coordinates can help you find the location. We have done our best to provide accurate information in our postings regarding the location of the land.
Q. How can I find out more information about the lots I want to purchase?
A. We always encourage buyers to call the county in which the property is located. You can also visit the county website and usually find information for most of your questions. We can provide basic details about the property and contact information to most of the agencies and departments you will need. We are also available to help answer any questions that we can!
Q. Is the property staked or surveyed?
A. Most likely the properties have been surveyed in the past but probably do not still have the corners marked. You can contact the recording office in the county to inquire of any survey that may be on file.