Land Mogul - Owner Will Finance Program 2-Step Process
Due to the Value Drop in Property Values and Inflation, the Price we pay for Notes has lessened Considerably. Ignore all pricing quotes in examples, videos, descriptions in this website. Each note is priced at the time it is submitted.
1 - Compute Your Sale Structure and Get a Quote
Create the Note Terms for an Owner Financed Note that will be Purchased at Closing and Get a Quote we will Purchase it for.
The Lot must have at least Electricity and be in a decent area, so
no remote desert lots, or floodways.
I will buy the note from you at closing and you keep the down payment and the purchase amount I pay you for the note.
2 - Get Documents
Create a Purchase Contract to Sell a Lot to a Buyer which creates a note that will be purchased at closing.
Make sure Our 1-page Contract or TREC Contracts contain this clause in the Contract:
THIS SALE IS SUBJECT TO THE COMPLETED SALE AND TRANSFER OF THE OWNER-CARRIED NOTE AT CLOSING ACCEPTABLE TO THE SELLER.
Download the Credit Application and a copy of their DRIVERS LICENSE OR PHOTO ID , once completed by your buyer and signed - email it to me at wecanhelpwiththat@gmail.com