Looking for a new rural property in Texas to build a home? Or perhaps you’re in the market to buy a bit of Texas land for your family’s recreation. Making any property purchase can be daunting task, whether you are a seasoned real estate agent or a first time buyer. One of the major tasks to be concerned with is financing. Creekside Rural Investments and its’ affiliates owns the land we offer to our customers. This allows us to offer competitive owner-financed terms instead of a traditional mortgage.
Owner financing, also called “seller financing” or “owner will carry” has become popular since it offers substantially more flexible financing options. Many would-be land buyers have difficulties finding a bank loan to buy rural/vacant land, so owner financing is an attractive alternative.
Owner-financed contracts begin with a down payment, followed by scheduled payments to the seller (instead of the bank) according to terms that the seller and the buyer agree upon. Owner financed terms are offered for almost all of our rural Texas properties for sale.