Purchase Process

Purchase Process

Financing or Cash?

Financing Option (0% APR!)

  • Down Payment: When you find the land you would like to purchase you put a down payment to hold the property.  This payment varies depending on the property and can be paid by credit or debit card
  • Document Fee: We charge a $249 document processing fee together with your Down Payment
  • Once the document fee is received, 3 documents will be drafted: Promissory NoteLand Contract and the Purchase Contract.
  • We will send you the documents by email for your review.  The documents include all payment terms including monthly fees (e.g. monthly note fee, property taxes).
  • Accepted documents will then be signed using an electronic signing service called Signnow.com
  • Monthly payments will start in approximately 30 days.  You can always see the contractual
    documents and payment schedule online using geekpay.io, our loan management system.
  • Once the property is paid off completely, we will deed the property to you via Warranty Deed within
    30 days.

 

Cash Option

  • Document Fee: We charge a $249 document processing fee via Paypal or credit card.
  • Down Payment: We charge 50% of the cash price for downpayment. 
  • Once the Document Fee & Down Payment are received, 2 documents will be drafted: a Warranty Deed and the Purchase Contract.
  • We will send you the documents by email for your review.
  • The accepted Purchase Contract will then be signed using an electronic signing service called Signnow.com.
  • After you sign, we will notarize the Warranty Deed and send you evidence that it has been notarized.
  • We then ask that the remaining balance be sent to us, preferably by ACH Wire or Credit Card. 
    We also accept credit card or cashier check by priority mail.
  • Once we receive the payment, we will send the deed to the county for
    recording.  Many counties will record the deed in a week.
  • Once the deed is recorded, we will send you a recorded Warranty deed! 

Talk to us today! We are here to help and answer questions.

Whitestone Properties

(720) 780-8762

Call or Text