Texas Land for Sale by Owner

Frequently Asked Questions

For Buying Seller-Financed Rural Property

Here at Texas Acres, we sell rural property and vacant land all over Texas, so if you’re looking for a piece of land to buy, you’re in the right place! However, many of our website visitors are unfamiliar with the land purchasing process, owner financing, or other aspects related to buying a piece of property. We’ve compiled this list of frequently asked questions to help you to get your questions answered.

How do I shop your inventory of vacant land?

To see the properties we have for sale, please click on the Our Properties menu on the top of the site. We are always adding new inventory to the list, so please check back often.

What is seller financed land?

Seller financed land is land that you purchase by making payments directly to the seller rather than going to a bank or another financial institution for your loan. Many people who can’t find lending any other way can still succeed in reaching their dreams of land ownership through seller financing. Please visit our seller financing page for more detailed information.

Will Texas Acres check my credit if I am buying seller financed land?

It depends. All of our buyers are required to complete a credit application, but we may or may not run your credit, depending on the circumstances.

How good of a credit score do I need to purchase seller financed land?

We approve loans for people with varying credit scores, and we look at each application on a case-by-case basis. Our process may consider your credit score among a number of different factors to approve your seller-financed land purchase, and we do what we can to make it possible for you to buy a piece of vacant land.

What are the down payment terms for buying seller financed land with you?

We don’t have set terms for down payments. Each deal can vary, as we try hard to fit each buyer’s needs and budgets.

Are there closing costs with seller financing?

The closing costs associated with land purchased with the seller financing option typically are lower than what you’d pay if you went through a bank. With seller financing, the only fees we require are down payments and recording fees.

What are the benefits of seller financing?

There are several benefits you’ll likely enjoy. One is the fact that there is more flexibility involved, since seller financing terms have some built-in adjustability to them. Both the length of the note and the amount of down payment can be negotiated, often leading to better terms for the buyer. What’s more, the closing process can be streamlined for a faster close.

Why does seller financing make sense?

Buying seller financed land makes sense for many people because it provides a flexible, achievable way of purchasing land here in Texas. Seller financing (which is another name for owner financing) lets people buy land without having to go through a traditional bank. Closing typically happens faster, and closing costs are usually lower. If you’d like to learn more about seller financing options for buying land through Texas Acres, please check our seller financing page where we address this alternative in greater detail.

What if I miss one or more payments?

Late fees may be applied. If enough payments are missed, the foreclosure process will be initiated. One missed payment would not put anyone’s property in jeopardy if they are making a good-faith attempt to catch up.

What is the title policy?

It’s rare but true that sometimes errors happen in the ownership history of a piece of land, and after you buy a piece of property, another person emerges who claims that they are the owner of the land you’ve purchased. A title policy is title insurance. This is a policy that protects you from problems like these.

Do the mineral rights come with the property I’m looking at?

Typically, no. For most of the properties in Texas, the mineral rights have already been severed from the land. We often don’t own these rights for properties that we’re offering for sale with seller financing.


Have further questions? Please contact us

Texas Acres is here to ensure that your land buying experience is as smooth and hassle-free as possible. Please contact us if you have further questions that haven’t been answered on our site. We will be happy to assist you.