Sales Process and Policies

This is a general description of the sales process and our policies. This is not meant to override the detailed terms in the purchase agreement. Whenever there is a conflict between the information on this page and the terms in your purchase agreement, the purchase agreement should be followed.

1. If you find a property that you are interested in buying, please fill out the form at the bottom of the property listing.
2. We will send you a link to make the $100 deposit payment. The deposit payment is not refundable, but will be applied to the final purchase.
3. Once the deposit is made, you will receive a purchase agreement and instruction to make the down payment (or full payment if this is a cash transaction).
4. You have 7 days to sign a purchase agreement, and make the down payment (or full payment if this is a cash transaction). Otherwise, the property will be released to the market. We encourage you to use the 7 days to do your own due diligence before making the final decision to purchase.
5. If this is an owner financing transaction:
   • After the purchase agreement is signed and down payment is received, you will receive instructions to set up monthly payments.
   • You can now access the property without making any permanent improvements. You are responsible for keeping the property and surrounding area clean and following local laws and regulations. The property tax will be paid by the seller. Any penalties imposed by the local government as a result of improper use of the property are the responsibilities of the buyer.
   • Monthly payments are due on the 1st of every month. If the full monthly payment is not received by the 5th of the month, a $25 late fee will be charged to the account. If the full monthly payment is late for more than 30 days, your account will be in default, and the property will be put back to the market. All your previous payments are forfeited, and you will be required to vacate the property immediately.
   • After certain amount of payment specified on the purchase agreement is made, you can start making improvements with the approval of the local government agency and the seller.
   • When the balance is paid in full, a draft deed will be sent to the buyer for review. Once approved, the deed will be notarized and recorded with the county. The buyer will receive an electronic copy of the recorded deed with the county recorder’s seal, along with instructions to verify title transfer with the county.
   • After the title is transferred, the buyer will be responsible for the property tax payments.
6. If this is a cash transaction:
   • After the purchase agreement is signed and full payment is received, a draft deed will be sent to the buyer for review. Once approved, the deed will be notarized and recorded with the county. The buyer will receive an electronic copy of the recorded deed with the county recorder’s seal, along with instructions to verify title transfer with the county.
   • After the title is transferred, the buyer will be responsible for the property tax payments.