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You are here: Home / Uncategorized / 4 Free Tips: What to do if you get behind in your seller financed land payments?

4 Free Tips: What to do if you get behind in your seller financed land payments?

December 21, 2020 by Tom Willis Leave a Comment

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Interested in financing a land purchase using seller financing? Great! Wilco offers seller financing on virtually all of the property we sell. This enables everyday folks the opportunity to afford property that might otherwise be out of their budget.

BUT – it is a financial commitment, and for some people, that’s a scary thought!

In this video, Kevin (the head of finance at Wilco) and Tom take the mystery out of seller financing and give tips on what to do if you get behind on your land payments!

Summary of tips to keep your land if you get behind on payments:
1. Tap other sources of money (e.g., credit cards, short-term loans, etc.)
2. Ask your friends, family, and others who may benefit from the land
3. Leverage your 401(k)
4. At the end of the day, the most important this is to stay in contact with us! We can work with you, but only if you keep us in the loop!

We hope this helps!

Everyone’s situation is different, so please make sure to discuss your options with a trusted financial advisor before you make your moves.

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About Me

Thanks for ​checking out​ ​our​ site! My name is Miles McLaughlin. ​Wilco Land was​ ​started to ​increase the availability and exposure of vacant land that is going unused. Our goal is to provide land at an affordable price, so everyone has the opportunity to own a piece of America for themselves. Questions or want to chat? Give us a call or emaill, we love to talk land.

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We help you find your dream land.

Whether you are looking for a beautiful setting for a second home, a place to camp and hunt, or a legacy to leave your family, we can help find the right property for you.

Contact: (605) 299-5553
Email: sales@wilcolandllc.com

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