As you may have noticed, Wilco Land offers installment pricing aka ‘owner carry’ or ‘seller financing’ terms for future land Buyers. How does that work and what does that mean?
It’s all discussed in this round table video for you here: What is an installment sale?
Synopsis: Wilco Land owns all of the land we’re selling. So if you want to buy a property with a down payment and make monthly payments after that, then you can expect Wilco Land to finalize the details of the sale with you and get closing instructions/docusign paperwork out to you. Once you’re closed (down payment and paperwork signed), we set up an account for you on Geekpay to view your property balance, change payment info, sign up for autopay, etc. Then, once you have finished the final payment (paid in full), our closing team will again work with you to transfer title/ownership with the county you purchase land in. Our office handles the paperwork, etc. and simply needs the customer (you!) to confirm the newly created deed looks good before we send it in!
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