- Q. How does the buying process work?
- A. You start with paying the document fee and down payment that’s on the property listing (see below on how to make payment). We get some basic information from you to create the sales agreement, land contract, and promissory note. We send those documents to you by email for you to complete and electronically sign. Monthly payments start 30 days later.
- For cash buyers, the process starts the same way with the document fee and down payment. Then contracts are sent for signature. Together we decided how final payment for remaining balance will be made (see below on how to make payment). Upon final payment, we produce a Warranty Deed and file it with the county on your behalf.
- Q. Can I improve (wells, septic, build home, fence, etc) the land while making payments?
- A. As a general rule, no. The county will usually require the land to be in your name before issuing any permits. We will review any request for improvements on a case-by-case situation. Keep in mind, if you make improvements then default on the land payment, you have lost a time and money to improving that land. It is always best to own the land before you invest more of your money into improvements.
- Q. How do I pay for my property?
- A. We offer several easy payment options such as credit cards (Visa, Master Card, Discover), debit cards, electronic checks, cashier’s checks, ACH payments, and bank wires. The initial document fee and down payment can be made directly from the property listing with a credit card or debit card. If you prefer, we can take your information by phone and process payment. We are also able to take payment by Zelle, Venmo, and Varo.
- Q. Do you close through a title company?
- A. We offer an in-house closing that is covered by the document fee. All deeds are issued as a Warranty Deed unless noted as otherwise. If you prefer to go through a title company so that you have title insurance, the cost of that service is on the buyer.
- Q. What is a Warranty Deed?
- A. A warranty deed is a type of deed where the grantor (seller) guarantees that he or she holds clear title to a piece of real estate and has a right to sell it to the grantee (buyer). You will receive a Warranty Deed upon completing full payment for a property.
- Q. What is you refund or cancellation policy?
- A. All owner financed properties come with a 60 day money back guarantee of your principal, excluding payment of document fees, monthly processing fees, and prorated taxes. Cash sales are final.
- Q. Why is there no refund on cash sales?
- A. Once a property is sold on cash, the deed is prepared and submitted for recording. At that point, the property belongs to the buyer. To refund the transaction, would require a significant amount of time and resources to buy back the property from the buyer. We HIGHLY encourage you to do your due diligence prior to a cash purchase (See FAQ about Due Diligence).
- Q. Why do you charge a document fee?
- A. The document fees take care of creating contracts, accounting, and processing fees: Deeds, legal contracts, etc. This fee is currently $297.00 for us to prepare all of the legal documents required for the purchase of the land. If you chose to close through a title company, you will incur the full expense of that process, but we reduce the document fee to $100 to cover the initial purchase agreement that is used to open title.
- Q. What is due diligence?
- A. Due diligence is the research you, as the buyer, are urged to complete prior to entering into a contract. We strive to provide accurate information on the properties we have to sell. We have third parties that conduct title research and complete property reports for us. However, there is no substitute for you doing your own research. Your research should include questions to state/county offices, health departments, building & planning departments, water resources department, and visiting the land in person. We strongly encourage you to feel satisfied about your knowledge of the property PRIOR to buying.
- Q. What is Zoning?
- A. Zoning classifications tell us what a particular tract of land can be used for. We provide you with the zoning code and some of the basics of what you can use the land for. We advertise the land based on these zoning codes. We encourage you to verify information with the county as zoning can change over time (See Due Diligence above). You know best how you intend to use your property so take the time to ask questions to verify the land can be used in a way that fits your goals. The building and planning department for the county will be helpful in determining more about what can be done on the property.
- Q. Are the mineral rights included with the property?
- A. Sometimes the mineral rights are owned by the Government, railroad, or other cooperate entities. This right was granted to these companies for building a bi-coastal railway system in the 1800’s. Occasionally the deed will stipulate ownership of mineral rights. However, that information is not always available on the deed. If you desire more information about the mineral rights of the property, you may find some assistance with the county offices. A private abstract office can also be helpful, but the service is not free. There are attorneys who specialize in mineral rights who can assist you in conclusively establishing who owns mineral rights. Mineral right research is a specialty area that Camp Land Investments, LLC in not able to perform.
- Q. Is someone available to help me locate the property?
- A. Our company is located in the state of Arkansas, but our investments are mostly located in other states. As such, we are not local to the property and cannot meet you with you to show the location. However, we provide google map links to the property along with GPS coordinates. The map and coordinates can help you find the location. We have done our best to provide accurate information in our postings regarding the location of the land. If you find that our map or coordinates are wrong, please let us know so may correct the information.
- Q. How can I find out more information about the lots I want to purchase?
- We always encourage buyers to call the county or state agency in which the property is located. Alternatively, you can visit the county or state websites and usually find information for most of your questions. We can provide a property report that contains basic details about the property, and it provides contact information on most of the agencies and departments you will need. Most of our listings have a link to the report. If you haven’t received the property report, please email us at contact@campland.info to obtain one.
- Q. Is the property staked or surveyed?
- A. Most likely properties have been surveyed in the past but probably do not still have the corners marked. You can contact the recording office in the county to inquire of any survey that may be on file. We normally do not incur the cost of a new survey so we can provider our buyers with below retail pricing on the land. If the property has been surveyed, it will be noted in the listing.
- Q. What happens to my information if I subscribe to your VIP list?
- A. All information obtain from those subscribing to the VIP list is kept confidential. Your information will never be sold. We only use your information to send out offers on new land deals or to offer discounts on current inventory. You can always unsubscribe from the list by clicking on unsubscribe at the bottom of the email.