Selling Land With Owner Financing vs Cash
Owner financing means you act as the lender: the buyer pays you over time instead of paying in full at closing. It can attract more buyers, but it also keeps you tied to the land for years. Here is how it compares with a cash sale.
We always close through a title company or closing attorney. No commissions, and we cover standard closing costs.
Get a Cash Offer →How owner financing works
The buyer usually makes a down payment and then monthly payments under a promissory note, secured by a mortgage, deed of trust or land contract depending on the state. Lending rules can apply to seller financing, so many owners use an attorney to set it up.
The risks to the seller
If the buyer stops paying, you may need to go through foreclosure or forfeiture to get the land back, which takes time and money. You also wait years to receive the full price.
When a cash sale makes more sense
If you want to be done with the land, stop paying taxes and get paid at closing, a cash sale is simpler. We pay cash, so there is no buyer loan to fall through.
Frequently asked questions
Do you buy land with owner financing?
We make cash offers. If you are weighing owner financing, compare our cash offer with the terms you expect before deciding.
Can I sell land I am currently owner financing to someone else?
That depends on the contract and who holds title. Share the details and we can look at it.
Is owner financing legal for land?
Yes, but lending and disclosure rules may apply. Ask a real estate attorney in your state.
Who handles the closing?
We always close through a title company or closing attorney. They confirm title, pay off any recorded liens or back taxes from the proceeds, and send you your money.
Are there any fees or commissions?
No. There are no commissions, and we cover standard closing costs. Our offer is free and you can decline it with no obligation.
Ready for an offer?
Share your state, county and acreage and get a no-obligation cash offer within 24 hours.
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