Owner Financed Land in Florida
Why buy owner financed land in Florida?
With the recent downturn in the real estate market,
along with credit problems by many individuals,
owner financed land in florida, as well as other
places in the United States is on the rise.
Buying land in Florida has always been popular
because of the favorable climate and abundance
Even now, many people continue to dream about
owning property in Florida. This is where owner
financing comes into play. The reason land in
Florida with owner financing is popular now is
because this kind of sale can offer advantages to
both the buyer and the seller.
An advantage for many buyers is the fact that they
can often buy land with very little or no down
payment and no credit check. For many buyers,
owner financed land is the only option right now.
Owner financing also helps the seller.
Many sellers are having a hard time finding qualified
buyers to purchase their land, so offering to
finance the property themselves can increase
the number of potential customers.
You need to take all factors into consideration
when deciding whether to buy land in this manner,
but for many people who dream of owning land in
Florida owner financing is the best or only way to
Keep in mind that all sellers that offer
to finance the loan themselves will obviously
have no problem if you decide to buy the land in
cash instead, so if you are able to do that,
you can usually get an even better deal.