Why Is Owner Financed Land A Better Option As Compared To Brokered Pieces Of Land?

One of the prime requirements when looking for a property to purchase is the location as well the surrounding of the place that we are interested in. This is important because all of us desire to have a property which allows us to unwind from the hectic life that we lead as well as the stress of work on a daily basis.

But the journey of looking for our dream property and owning it can be quite a struggle, especially if we are not willing to spend a fortune to get the property that we want to acquire. This can be attributed to the need of hiring middlemen for the job such as real estate agents that require spending additional money apart from the cost of the property to be bought.

The mere thought of hiring a real estate agent or a land broker is what keeps most people from going after the property that they would like to own. However with owner financed land, a lot of these problems can be eliminated. The concept of owner financed land is that the plots of land are not brokered but rather owned by some investors, who sell these to the prospective buyers, willing to pay the price for the property.

Due to the elimination of middlemen, this can be quite a good way to do business in the real estate industry. These properties are usually lower priced than the brokered properties since they eliminate the need for a brokered deal or a middleman to be involved in the job. The concept of owner financed land Oregon has only been recently started and has several prime properties in and around Oregon that are owned by specific investors who are willing to sell you the property at only a subsidized rate. This is one of the best methods, partly due to the removal of the hassle involved in purchasing a brokered piece of land.

Comments

Post a Comment

Popular posts from this blog

In Northern Arizona With Road Frontage/Quiet Area And Beautiful Mountain Views/ Cash Or Owner Financing

This huge 40 acre ranch (In Sec 1) is located in Northeastern Arizona. It is located very close to The Petrified Forest National Park and is also covered in trees. The property is located south of County Route 7002 and west of CR 7005. It is midway between Interstate 40 and US 180, approximately 40 miles east and south of Holbrook and about 45 miles southwest of Sanders and Chambers.The Petrified Forest National Park is to the east of the property. It also has juniper trees and cedar trees on it adding to this high desert landscape. The elevation is about 6,600 ft and the property is zoned A-General. A-General allows for the building of homes, manufactured homes, camping, RV's and the keeping of livestock. There is no time limit to build either. There are no association fees and property taxes are only $100.00 a year. This 40 acre ranch located in Northeast Arizona. It is about 50 miles North of St Johns, which is the county seat of of Apache County, Arizona. St Johns, which ...
Read more

Different Beneficial Aspects Of Using Owner Financed Land

Offering owner financing has become a very popular topic to buyers nowadays. It will help your house to look more attractive in this slowing real estate market. Sellers are having to lower their prices since it is getting more and more difficult for buyers to secure the required financing. By offering to provide financing for the buyers, you may be helping your property become that much more competitive. Your goal will be to negotiate with the buyer on terms rather than price. Buying Property With Owner Financed Land: Basically, when someone buys a real estate property, they will go through a third party lender. The lender could be a big bank or a local Credit Union. A person or family will then take out a loan from this lender, for the price the seller is asking for the property. That loan is call a mortgage. However, the buyer and seller ends the relation while the property deal is done or completed. Owner financed property, sometimes called seller financing, is when the ...
Read more

From The Sprague River Located In Klamath County Oregon/Mountain Views/Road Frontage

This 4.09 acre lot (Lot 02), which is located near Beatty Oregon, is only 2 miles from the Sprague River. It is located on Douglas Street in the county of Klamath Oregon. This 4 acre lot would make an excellent building site or weekend getaway. This parcel is located in the Tableland area and is surrounded by many lakes & rivers to visit including Wild Billy Lake & Sprague River. Large tracts of land like this are hard to find near Sprague River. Lot 2 has mountain views and is only 10 miles from the towns of Beatty and Sprague River. Klamath Falls ,which happens to be the county seat of beautiful Klamath County Oregon, is located only 50 miles northeast of this property. Klamath Falls has a population base of about 70,000 people and has shopping, stores and schools. Bend Oregon, which has almost 85,000 people, is located just 145 miles northwest from this 4.09 acre lot. This lot is zoned vacant residential and would make a great location for a new home. Water would be by wel...
Read more