Land Up Local Highlights

What is owner financing? Owner financing, sometimes called seller financing, is an alternative to traditional loans used to buy land, houses, and even commercial property. It requires less checks and paperwork than traditional financing and is a great option for those with less than perfect credit. Explore owner financing with us as an option for your next purchase of Central Texas land.

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 Owner financing is a great option for a buyer that may not be able to take out a loan or get credit. In an owner finance transaction, the seller is the bank, so the payments go directly to the seller or through a note servicing company. An advantage of an owner financing transaction is that it's less stingent on the requirements for getting a loan compared to a bank.

This is a great option for a buyer that may not have the perfect credit. Also, there's no bank fees, no appraisals needed, or board approval. If the seller agrees to giving you a loan, you're approved.

Another advantage of owner financing transactions is that it can close a lot quicker than bank transactions. Bank transactions take 45 to 60 days to close, whereas owner financing transactions can close within 1 to 3 weeks.

Not many real estate firms have listings that offer owner financing, but at Land Up, we typically carry inventory that does. Give us a call today and we'd be happy to help find you the perfect owner financing property.