🏜️ What is Owner Financing (Owner Will Carry)?

Owner financing, also called "owner will carry," is when the property seller acts as the bank and finances your land purchase directly. Instead of going through a traditional mortgage lender, you make monthly payments through a professional third-party servicing company (like Pioneer Title Agency) until the property is paid off. It's that simple! 💰

Think of it like this: You're buying the land on a payment plan from the owner, with a professional title company handling all the payments and paperwork.

💙 Why I'm Passionate About Owner Financing - My Personal Story

Owner financing isn't just something I sell - it's how I learned real estate and what saved me multiple times throughout my life.

🎓 How I Bought My First House in My Early 20's... With No Money

When I was in my early 20's and in college, I had a problem: I wanted to bring my dog with me, but back then, people didn't bring pets to college. Landlords said no. Dorms said no. Everyone said no.

So I decided to buy a house instead. 🏡

The catch? I had no money. Zero. I was a college student!

That's when I discovered Carlton Sheets' real estate videos about buying houses with no money down. I watched those videos, followed his steps exactly, and I actually did it - I bought a house in my early 20's with no money down using owner financing.

Why? So my dog could come with me. 🐕💙

🏡 Owner Financing Saved Me in My 20's, 30's, and 40's

That first purchase wasn't a one-time thing. I used owner financing again in my 30's, and again in my 40's. Every single time, the owner will carry method saved me from serious situations and kept me safe.

Just knowing the basics of how to do it - long before I ever got my real estate license - gave me options when I needed them most. It gave me stability. It gave me control over my housing situation when traditional banks wouldn't help.

That experience taught me that:

• ✅ You don't need a huge down payment to own property
• ✅ Creative financing opens doors that traditional banks keep closed
• ✅ Sellers who are willing to work with you DO exist - you just have to find them
• ✅ Determination and education matter more than money in the bank
• ✅ Owner financing can literally save you in difficult situations

That's why owner financing is my #1 way to help people get land or a house. It changed my life multiple times (and my dog's life!), and I want to help it change yours. 🌟

🤝 Finding the Right Deal Takes Time - And I'm Here to Help

Here's the reality: Not every seller is willing to offer owner financing, and some sellers want more down payment than others. That's just how it works. But here's what I do differently:

• ✅ I actively search for sellers who are willing to work with buyers on flexible terms
• ✅ I negotiate on your behalf to get the best down payment and payment terms possible
• ✅ I keep you updated when I find those super good owner will carry deals
• ✅ I don't give up - finding the right property with the right terms takes time, and I'm patient
• ✅ I understand what you're going through because I've been there myself (3 times across 3 decades!)

My commitment to you: If you're serious about buying land with owner financing, I'll work with you to find a seller and a deal that fits your budget and goals. It might take some time to find the perfect match, but when we do, it'll be worth the wait. 💪

📧 Want me to keep you updated on owner financing opportunities?

Let me know what you're looking for (budget, area, acreage, etc.) and I'll reach out when I find properties that match. Sometimes the best deals come from sellers who aren't even listed yet - and I have access to those opportunities through my network.

Submit Land Inquiry Form
You can submit the form for houses too!!! I will find you an owner will carry 
property that meets your unique financial situation.

Or contact me directly:
Call/Text: 928-391-8371 | Email: rachel@rachelsrealestate.com

✅ Why Owner Financing is Perfect for Land Buyers

Traditional banks often won't finance raw land purchases, or they require massive down payments (30-50%) and charge high interest rates. Owner financing solves all of that:

• ✅ Lower down payment: Typically 20% down (not 30-50%!)
• ✅ Flexible approval: No strict bank requirements or credit score minimums
• ✅ Fast closing: No waiting months for bank approval
• ✅ Negotiable terms: We work together to create a payment plan that fits your budget
• ✅ Build equity immediately: You own the land from day one
• ✅ No bank fees: No origination fees, appraisal fees, or hidden costs
• ✅ Professional servicing: Third-party company handles all payments

💵 Typical Owner Financing Terms

Every deal is unique, but here's what you can generally expect when buying land with owner financing:

📊 Down Payment: Typically 20% (But It Varies!)

Most owner-financed properties require around 20% down, but this can vary depending on the seller and the property. Some sellers want more, some are willing to accept less. For example:

• $20,000 property = $4,000 down (20%)
• $50,000 property = $10,000 down (20%)
• $100,000 property = $20,000 down (20%)
• $200,000 property = $40,000 down (20%)

Important: Some sellers require higher down payments (25-30%), while others may be more flexible, especially on lower-priced properties. That's where I come in - I'll help you find sellers who are willing to work with your budget. 🎯

📅 Payment Terms: Variable & Flexible

Payment terms vary based on the property, your down payment, and what works for both buyer and seller. Common terms include:

• Length: 3 to 10 years (sometimes longer)
• Interest rate: Competitive rates, often lower than hard money lenders
• Monthly payments: Fixed amount based on purchase price, down payment, and term length
• Balloon payment: Some contracts include a balloon payment at the end (we'll discuss this upfront)

Example: $100,000 property with $20,000 down (20%), financed over 5 years at 8% interest = approximately $1,622/month

💼 Professional Payment Servicing with Pioneer Title Agency

To keep things simple and professional, most owner-financed deals are serviced through Pioneer Title Agency. Here's how it works:

• 📋 One-time setup fee: Small fee to establish the servicing account
• 💳 Monthly servicing fee: Approximately $12-$15 per month
• ✅ Automatic payment processing: You send your payment to Pioneer Title Agency, they handle everything
• 📊 Professional record keeping: Detailed payment history and statements
• 🔒 Neutral third party: Protects both buyer and seller
• 📧 Payment reminders: Never miss a payment with automatic notifications
• 📜 Deed release coordination: When you make your final payment, Pioneer Title Agency handles the deed transfer

Why use Pioneer Title Agency? It separates the buyer and seller from having to mess with payments directly. You don't have to worry about tracking payments, sending receipts, or managing paperwork - Pioneer Title Agency handles it all professionally. It's worth the small monthly fee for peace of mind! 🙌

📝 The Contract

We'll use a legally binding contract (typically a Contract for Deed or Land Contract) that outlines:

• Purchase price
• Down payment amount
• Monthly payment amount
• Interest rate
• Payment schedule
• Term length
• What happens if you pay off early (usually no penalty!)
• Your rights and responsibilities as the buyer
• Payment servicing details (Pioneer Title Agency)

🚀 How the Owner Financing Process Works

Buying land with owner financing is refreshingly simple compared to traditional bank loans:

Step 1: Tell Me What You're Looking For 🎯

Let's talk about your budget, desired location, acreage, and what you want to use the land for. The more I know about your goals, the better I can find properties and sellers that match your needs.

Step 2: I'll Search for the Right Deal 🔍

I'll actively search for owner-financed properties that fit your criteria. This includes:

• Current listings with owner financing available
• Off-market properties from sellers willing to carry
• Negotiating with sellers on your behalf to get flexible terms
• Keeping you updated when I find good opportunities

This can take time - finding the right seller who's willing to work with your down payment and terms isn't always instant. But I'm patient, and I won't stop looking until we find the right fit. 💪

Step 3: Submit Your Offer 📄

Once we've found your perfect property, we'll submit an offer. We'll discuss:

• Purchase price
• Down payment amount (typically 20%, but negotiable)
• Desired payment terms
• Any special requests or conditions

Step 4: Negotiate Terms 🤝

I'll work with the seller to create terms that work for both of you. My goal is to get you the best deal possible while being fair to the seller.

Step 5: Sign the Contract ✍️

Once we agree on terms, we'll sign a legally binding contract (reviewed by attorneys if you'd like). You'll pay your down payment and we're ready to move forward!

Step 6: Set Up Payment Servicing with Pioneer Title Agency 💼

We'll establish your account with Pioneer Title Agency. They'll provide you with payment instructions and set up your monthly payment schedule. You'll pay the small one-time setup fee and then just $12-$15/month for professional servicing.

Step 7: Start Making Payments 💳

You'll make monthly payments to Pioneer Title Agency (via check, ACH, or online payment). They'll track everything, send you statements, and keep both of us updated. Easy and professional!

Step 8: You Own the Land! 🎉

From day one, you have equitable interest in the property. You can:

• Visit your land anytime
• Start planning your build
• Camp, explore, and enjoy your property
• Apply for building permits (depending on contract terms)

Step 9: Receive the Deed 📜

Once you've made your final payment, Pioneer Title Agency will coordinate the deed transfer and you'll own the land free and clear. Congratulations! 🏡

❓ Frequently Asked Questions

Do I own the land during the payment period?

You have equitable interest in the property, which means you have ownership rights even though the deed is held until final payment. You can use, enjoy, and improve the land during the payment period.

Why do I have to pay Pioneer Title Agency a monthly fee?

The $12-$15 monthly servicing fee covers professional payment processing, record keeping, statements, payment tracking, and deed coordination. It protects both you and the seller by having a neutral third party manage everything. Think of it as hiring a professional bookkeeper for your land purchase - totally worth it for the peace of mind!

What if I want to pay off the land early?

Great! Most owner financing contracts have no prepayment penalty, so you can pay off the balance anytime. Just contact Pioneer Title Agency and they'll provide you with a payoff amount and coordinate the deed transfer.

What happens if I miss a payment?

Life happens! If you're going to miss a payment, communicate with Pioneer Title Agency (and me) as soon as possible. We can often work out a solution. However, repeated missed payments can result in default and forfeiture of the property (this will be outlined in the contract).

Can I sell the property before it's paid off?

In most cases, yes! You can sell your equitable interest to another buyer (with seller approval). The new buyer would either assume the remaining payments through Pioneer Title Agency or pay off the balance.

Do I pay property taxes and insurance?

Yes, as the equitable owner, you're responsible for property taxes and insurance during the payment period. This will be clearly stated in the contract.

What credit score do I need?

There's no strict credit score requirement! Sellers care more about your ability to make consistent payments and your genuine interest in owning land. Bad credit? Let's talk - owner financing is designed to help people who don't fit the traditional bank mold.

Can I build on the land while making payments?

In most cases, yes! We'll discuss this during contract negotiations. Some contracts allow immediate building, others require a certain percentage paid off first. Let's find what works for you.

Why does down payment vary from seller to seller?

Every seller has different needs. Some want more cash upfront to cover broker commissions and have working capital. Others are more flexible, especially on lower-priced properties. My job is to find sellers who are willing to work with your budget. Sometimes it takes time to find the right match, but when we do, it's worth the wait!

How long does it take to find an owner-financed property?

It varies! Sometimes I have properties available right now. Other times, it takes a few weeks or months to find the right seller willing to offer the terms you need. The key is patience and staying in touch. Let me know what you're looking for, and I'll keep you updated as opportunities arise.

Can I really buy property with no money down?

It's rare, but it IS possible - I did it myself in my early 20's! However, most sellers today require at least some down payment (typically 20%). That said, I'm always looking for creative solutions and flexible sellers. If you have little to no money for a down payment, let's talk about your situation and see what we can find. Sometimes the best deals come from thinking outside the box! 📦✨

🎯 Who is Owner Financing Perfect For?

Owner financing is ideal if you:

• ✅ Don't have 30-50% down payment saved (but can do 20% or negotiate lower)
• ✅ Have credit challenges that make bank loans difficult
• ✅ Are self-employed or have non-traditional income
• ✅ Want to avoid the hassle and fees of traditional mortgages
• ✅ Need flexible terms that fit your unique situation
• ✅ Want to close quickly and start enjoying your land
• ✅ Are buying raw land (which banks often won't finance)
• ✅ Want to build equity while you save to pay off the balance
• ✅ Appreciate professional payment servicing and record keeping
• ✅ Are willing to be patient to find the right deal with the right seller
• ✅ Are in a difficult situation and need housing stability
• ✅ Have a strong reason for wanting to own (like bringing your dog to college! 🐕)

🏜️ Browse Owner-Financed Properties

Ready to find your perfect piece of Mohave County land? Browse my current owner-financed listings:

View Owner-Financed Properties

📞 Let's Find Your Perfect Owner-Financed Deal!

Whether you're ready to buy now or just starting to explore your options, I'm here to help. Tell me what you're looking for, and I'll start searching for properties and sellers that match your needs.

I've been where you are - I know what it's like to need owner financing to make your dreams happen. I used it in my 20's, 30's, and 40's. It saved me from serious situations and kept me safe. Just knowing the basics of how to do it gave me options when I needed them most - long before I ever got my real estate license.

If owner financing can save you the way it saved me, let's make it happen. 💙

Call/Text: 928-391-8371
Email: rachel@rachelsrealestate.com

💡 Pro Tip: Not sure if owner financing is right for you? Schedule a free 15-minute consultation and we'll discuss your goals, budget, and options. No pressure, just honest guidance from someone who's been there - multiple times!

🌟 Start Your Land Ownership Journey Today

Owner financing makes land ownership accessible, affordable, and achievable. With typically 20% down (sometimes negotiable!), flexible terms, and professional servicing through Pioneer Title Agency, you can own your piece of the Arizona desert sooner than you think.

Don't let traditional bank requirements hold you back from owning land. Let's work together to find a seller and create a payment plan that fits your life and gets you one step closer to your dreams.

Finding the right deal takes time, but I'm patient - and I won't give up on you. 🏜️✨

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This page is part of my commitment to transparent, honest real estate. If you have questions or want to discuss your situation, I'm always here to help - because I've been where you are.

Rachel Gibson, REALTOR® | eXp Realty
Serving Mohave County, Arizona
928-391-8371 | rachelsrealestate.com