THE BUYING PROCESS
Purchasing real estate requires several levels of trust. That’s why we provide several options to purchase from us.
The Preferred Option:
Prior to starting the paperwork, we will kindly request that you pay the non-refundable Doc Fee of $249. This covers the cost of drawing up the Sales & Escrow Agreement, the Special Warranty Deed, and recording the deed with the county on your behalf. We will then email you a link to sign the Sales & Escrow Agreement via SignNow, a simple tool that enables you to sign documents online without the need for printing or scanning. Once the Sales & Escrow Agreement has been signed please send the purchase payment to Earthly Acres. We accept cashier's check, money order, or various money transfer apps including Venmo and PayPal. After the purchase payment has cleared, Earthly Acres will then transfer the deed into your name and record the deed with the county on your behalf. After it’s been recorded we will email you a copy of the deed that has been stamped by the county recorder and is now in your name. At that point, the deal is done and the property is officially yours!
The Title Company Option:
There is always the option to close with a title company. However, due to the low return on our investments (we’re passing the savings to you!), the cost of a title company would cut too deep into profits. It is for that reason that the buyer and seller fees associated with a title company closing would be the buyer's responsibility. Typically that would cost about $500+ and take up to a couple of weeks. Of course, we would waive the $249 doc fee.
Owner Financing Option:
If you elect Owner Financing, prior to starting the paperwork, we will kindly request that you pay the non-refundable Doc Fee of $249. This covers the cost of drawing up the Terms Agreement, the Special Warranty Deed, and recording the deed with the county on your behalf. We will email you a link to sign a Terms Agreement via SignNow. At which point you have 7 days to sign the document and send the down payment. The first monthly payment would be due on the following first of the month. After the balance of the Terms Agreement has been paid in full we will close the deal utilizing your choice of either The Preferred or Title Company Option. Setup cost is a one-time payment of $55 due along with the Down Payment. There is also a monthly note management cost of $20 that will be factored into your total monthly payment.
Please let us know which option you would like to choose so we can get started on the paperwork right away.
Jesse D. Marchand
Earthly Acres, LLC