What is Land Owner Financing?

Owner financed land is when the owner of the land finances the purchase of the land themselves. The owner acts just like a bank, giving you the land in exchange for receiving regular payments for the land until it is paid in full. Typically, the land itself is the collateral.

Think of it just like getting a mortgage from the bank, but without all the hassle, paperwork, credit checks, and pre-approval.

Land owners like owner financing because it allows them to sell more property, including to those who might not normally be able to afford the purchase, while also providing a steady stream of cash flow.

Investors like owner financing because it allows them to invest in more property even if they don’t have the full amount of money available.

Land Owner Financing:
How does it work here at
Zech Buys Land LLC?

When you buy land in your area or anywhere around the US (we also sell and buy land in other states as well!) from us, many of our properties have land owner financing available, so if this is something that interests you, just reach out and let us know.

We’ll complete the purchase as normal and we’ll still require an earnest money deposit. However, instead of the full payment due upon closing, we’ll set up a payment plan that includes the principal plus nominal interest, as well as the term of the loan.

The land investment is the collateral itself, so if you no longer want the property, you can simply return it to us and you will not be expected to pay anything else.

There is no penalty for early payment of the land.