How to Buy Land with Owner Financing

Elegment Land is a BBB A+ Rating Business by the Better Business Bureau


Elegment Land BBB Business Review

Owner Financing Made Easy with Elegment Land

Finding and buying your dream plot of land shouldn’t be difficult! With Elegment Land, it’s as easy as these five simple steps

Step 1: Choose Your Land

Search our land listing, and find your dream property.

Step 2: Choose Your Payment Method

Choose if you want to take cash discounts or use our owner financing as payment method. Make a deposit payment directly on our website.

Step 3: Review and Sign the Paperwork

Once we receive your deposit, we will mark the land “SOLD” so other buyers know it’s no longer available.

We’ll send a land purchase agreement to your email address, where it’s easy to fill out and sign electronically.

Step 4: Closing on the Purchase

If you are buying with cash – we will prepare your deed accordingly.

If you are buying with our owner finance plan – we will prepare your Deed of Trust and Promissory Note which you will notary sign and mail back to us with our pre-paid shipping label.

Step 5: Make Your Payments

For cash purchases, our communication will include detailed payment instructions.

For owner-finance purchases, you will make monthly payments directly to third-party loan or mortgage management companies.

For Texas Properties

August REI LLC

1795 Northwest Highway

Garland, TX 75041

(972) 767-9219

For Other States Properties

Note Servicing Center Inc.

3275 E. Robertson Blvd., Suite B, Chowchilla, CA 93610

(559) 665-3456

We offer different payment options, including payment plans which vary by property. Simply chat to our team to understand more

Step 6: Enjoy Your Land

Your land is ready. Start planning your perfect ranch, self-build or campervan spot. Your dream home is closer than ever.

Elegment Land is BBB A+ Rating!

Buy land with confidence! Elegment Land is Better Business Bureau (BBB) A+ rating business with Gold Star Certificate for three consecutive years! All the lands sold by Elegment Land are self-owned land parcels sold, for sale by owner, with Warranty Deed (Grant Deed in California). We work hard to simplify your buying process so that you can quickly become a proud land owner.

Buy land with confidence! Elegment Land is Better Business Bureau (BBB) A+ rating business with Gold Star Certificate for 3 consecutive years! All the lands sold by Elegment Land are self-owned land parcels, sold exclusively with Warranty Deed (Grant Deed in California). We work hard to simplify your buying process so that you can quickly become a proud land owner.


Our Happy Customers 

Our process is simple, and our team of property experts is with you every step of the way to answer your questions. Hear the experiences of some of our happy customers.

Building a 5 Acres Ranch for the Next Generation!

Lindell and Shana are building a 5 acres ranch with a pond in Texas. They hope their kids can enjoy growing up in this beautiful ranch!

Lindell and Shana

Finding the Perfect Full Time RV Lot in Texas

I’m John Cobb, I’m from North Georgia originally now I am happily living in the RV friendly Port Adventure neighborhood in Texas, thanks to Elegment Land Team!

John Cobb


Frequently Asked Questions

Still got questions? Read our FAQs to learn more about buying land through Elegment Land, or contact our team if you need more advice.

How do I find the land corners and boundaries?

Elegment Land provides GPS coordinates for all land parcels and county plot maps, soil reports, topography reports, and surveys to buyers. This video demonstrates using Google Maps and GPS coordinates to locate land corners and boundaries on a smartphone. We also show how to navigate to a property using turn-by-turn directions. Additionally, we show you how to view local attractions and amenities on an interactive map.

Can foreigners or non-U.S. citizens buy and hold land in the U.S.?

Yes! You don’t need a green card to buy land here; you may buy land in the USA regardless of citizenship status. If you plan to build a property to rent or use as a vacation home, speak to our team of experts.

How much are property taxes?

We provide the current or prior year property tax amount on all our land-for-sale listings. Some of our properties are eligible for agricultural or timber tax exemptions. These properties are highly desirable due to the substantial discounts on their annual property taxes. Buyers must maintain the agricultural or timber exemption requirements to keep the property tax discounts.

Are there back taxes or liens associated with the property?

No. We guarantee that all of our properties are sold free & clear of liens and encumbrances and that the taxes are current.

Why is the property so cheap?

We want to provide great value to our customers. So we purchase properties at very large volumes at discounted rates so we can sell to you at wholesale prices.

Does the property have utilities?

Usually, the land we list has electric services. Some city lots even have local water and sewer service. It’s more common for rural properties not to have utilities, making them perfect for a solar or wind-powered eco-home.

Are mineral interests included?

If mineral, water, or timber rights were specifically stated in the vesting deed, we would disclose this information in the property listing on our website. We do not conduct a Mineral Rights title search for each property we buy. If this is important to you, you’re welcome to pay for the Mineral Rights search to determine if they’re included with the property. We do not withhold mineral rights when we sell.

Can I raise crops or animals on the property?

If your land is outside of city limits, most likely, yes. On our detailed listings, we provide information regarding whether the land is within or outside of city limits. Please check with the county regarding permitted property use.

Why is the cash price less than the terms price?

For owner-financed sales, we charge a higher price overall. This allows you to skip applying for bank funding and build equity in your property with easy monthly payments. And you can prepay at any time without penalty.

What can you tell me about the property?

We purchase real property for the sole purpose of reselling it. Everything we know about each parcel is stated in the listing. Can’t see what you’re looking for in the listing description? Give us a call, and we’ll do our best to help. 

Do I need an attorney or agent to buy?

Some attorneys or agents might lead you to believe that buying any property is risky and complicated. This just isn’t true. While you are more than welcome to consult a professional when you feel it is necessary, we have simplified the process to make buying land as simple as possible.

Why should I buy from you instead of a real estate agent?

Some real estate agent’s fees range from 2% to 10% of the purchase price. We eliminate the middleman, saving you even more.

Can I visit the property before purchasing?

You are certainly welcome to! We are happy to provide driving directions and GPS coordinates so you can visit the land in person. Feel free to give us a call to make sure the property is still available.

Can you hold the property for me until I am ready to buy?

All purchases are first come, first served, either with a security deposit or full payment. Once payment is received, we will mark the property “SOLD” Your purchase on our site secures the property. Deposits will be utilized to initiate legal documentation and closing.

I am ready to purchase. What's next?

You can initiate a purchase directly on our site. All purchases can be made by credit or debit card. We also accept other payment methods. Just ask us. 

A deposit may be made to secure the property and initiate the close process. The balance can be paid by cashier’s check or wire transfer. We will transfer the deed to the property to the buyer and record it with the county at no additional cost. If you wish to close the purchase through a title company and receive insurance on the property, please let us know at the time of purchase. Email us to indicate your intention. If using a title company, title company costs will be paid by the buyer.

Do you offer payment plans?

Payment Plans are available on most of the properties. Minimum down payment and term lengths vary by property. In most cases, payment plans are by a promissory note and land contract, whereby the deed is transferred when the balance is paid in full. Balances can be paid at any time without early payment penalties. We always recommend (and may require) that no permanent improvements be made to the property until the balance has been paid off.

Is title insurance available?

We have done our best to ensure clear titles to all properties we acquire. We provide Warranty Deeds to our buyers (Grant deeds in California). Our affordable pricing does not include title insurance. For many lower-value properties, an escrow close through a title company or attorney is cost inefficient. However, if you require this, we are happy to work with you on this arrangement, and you pay for such costs.

Is there a referral scheme? 

We have many repeat customers! For our repeat customers, you will receive $200 off on your next purchase. If you refer your friends and families and buy from us, you will receive a $100 Amazon Gift Card, and for the buyer $100 off the land sale price!

What is the typical land clearing cost?

Some of our wooded lots will need land clearing to get them ready to build. A typical small RV pad (100 feet x 50 feet) land clearing cost could be as low as a few hundred dollars. A traditional quarter-acre home site (about 10K square feet) would cost between $1000-$5000, depending on the density of the woods.

What is the typical cost to connect electricity?

Many of the lots we sell have electric service by local energy companies. The connection cost varies with the distance from the nearest electric pole. If the electric pole already exists on the property, electric companies might charge a small amount to install an electric box. If the electric pole is a few hundred feet away, electric companies might charge a few hundred dollars to a couple of thousand dollars to run an extension line/pole to your property. 

Properties far away from existing electric poles are great candidates for solar/wind alternative energy solutions.

What is the typical cost to have water service?

If local water service is available, usually, it’d be a nominal cost (around $50) to tap into the existing water service. Where lots are a few hundred feet from the water main – water companies typically charge between $500–$2000 for line extension.

For properties far from existing water lines, wells are a good and highly sustainable option. Depending on the depth of the underground water table, a 100-feet to 200-feet well usually costs between $5,000 – $8,000. A 300-feet to 500-feet well would cost between $10,000 – $15,000. You can call a local contractor or well driller for an estimated quote.

What about sewer service?

If the property has local sewer service, the tap-in cost is usually minimal (around $50) to set up your account with sewer service.

If a sewer line is far away, a traditional septic system costs between $3,000 to $8,000.


We work hard to make the purchase process simple and easy for our buyers. Contact us so we can establish a relationship. We are happy to answer your questions. Also, feel free to check out our current Land for Sale Listing.