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.
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?
What is the loan approval process for seller financing?
It is based on DTI and DTP ratios. These look at the amount of money going out and the amount of money coming in each month.
Do you charge closing fees 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.