How do I go about purchasing a parcel of land?
First of all you will need to come up and see the
property. If you find something you wish to purchase all you need is the
down payment amount. If you are with either Bob or Tom they can draw up
the purchase agreement and get the ball rolling. If you have looked at the
property on your own, then the purchase agreement can sent to you through the
postal service, you will be given 10 days to receive and return the paper work.
We will need your legal name (s), martial status, address, telephone number,
date of birth, social security number, and driver license number.
How much are property taxes?
You can figure your property taxes
will run approximately 2% of the selling price, if your parcel sold for $24,900
you can figure about $500 in annual taxes.
Are the property taxes included in the monthly payment?
No, you will get a tax bill from the township treasure and you will be
responsible for paying the property taxes.
Do you run a credit check?
We run a credit check on all of our customers as a matter
of practice. We will take a chance with almost anybody regardless of the
credit report.
Are there any additional cost other than the down payment?
The only cost other than your down payment is a $17.00
recording fee. The recording fee is returned when you return the signed
contract, and the recording fee check is made payable directly to the county
register of deeds. The purpose of the recording fee is to record your
ownership in the land with the county register of deeds in the county that you
are purchasing your property in.
Is there a discount for cash?
There is not a cash discount given.
What are your land contract terms?