How to Buy Land Without a Mortgage

mortgage

 

The first place to start is to look in your local newspaper for land owners wanting to sell their properties without a real estate company. They usually say “for sale by owner” or “creative financing available”. If you can find your land local, it will be easier to arrange an owner-financing situation.

You should also look at Craigslist, located at http://www.craigslist.org, or Ebay, located at http://www.ebay.com . You can search for land all over the world, and usually people hat list their land on there will be open to owner-financing, lease to purchase, or some other kind of creative financing.

 

Land is avaiable everywhere. In order to make sure you won’t need to get a standard mortgage, try to arrange owner-financing. This can save you money and can allow you to have more security in your lender.