Owner financed lands are available for those who would rather work with the land owner than a bank or mortgage. To navigate through the waters and narrow down your list of potential purchases, here are five tech tips you can follow.
Confirm the Listing Online
It’s not unusual to source a list of possible owner financed lands solely on the internet, and it’s more convenient too. However, you should still exercise due diligence by confirming if the listing is real or not. There are several ways you can do this, from checking if the photos and videos are real to making contact with the owner.
Make Contact with the Owner
Ask About the Required Documents
Confirm the listing with the broker or the land owner through listed channels, such as phone number, email, or social media account. Also, it wouldn’t hurt to ask about paperwork for documents needed sell land by owner right from the start so you can begin gathering them. He or she can send the list of documents through messenger or email which you can save for later on.
Make a Pros and Cons List
Make a short ‘pros and cons’ list for every property you’re interested in so you can see the bigger picture. For instance, an owner financed land with well and septic, or one with a cabin might prove to be useful down the road. Location, house and lot size, and nearby amenities can play an important role in your decision as well.
Consult Friends and Loved Ones
It might help to get feedback from other people about buying a property, such as this Alaska land for sale by owner, since it’s a huge investment and financial commitment. You can use technology to your advantage by being able to communicate even if you’re thousands of miles away, thanks to FaceTime calls and video conferences.
Lynn Martelli is an editor at Readability. She received her MFA in Creative Writing from Antioch University and has worked as an editor for over 10 years. Lynn has edited a wide variety of books, including fiction, non-fiction, memoirs, and more. In her free time, Lynn enjoys reading, writing, and spending time with her family and friends.