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Amys Land

  • Home
  • About
  • Listings
  • Closing Process
  • FAQ
  • Contact Us

Frequently Asked Question (FAQ)

Is a Real Estate Agent or Title Company needed?

Neither a real estate agent or title company is necessary since you will be purchasing the land directly from the owner (me). You also don't need a title company as you can close in-house with us for no additional cost. Of course, you are welcome to use either one, at your own cost.

 

What are the closing costs?

You have 3 different options when closing. Remember, when closing in-house with us, there are NO CLOSING COSTS to you.

You can use a title company of your choice and all closing costs are covered by you.
You can close inhouse with me and there will be no fees to you. Once payment is received, I will provide you with a special warranty deed that conveys the property from me to you. I will also provide instructions on filing the deed in the county where the property sits.
You can use a third party courier who will arrange to meet you and exchange deed for cashier's check. The fee for this service is $50 (which I collect upfront). Once I book a courier, it typically will take 2-3 days for them to receive the deed and at that time, they will contact you to arrange a day/time to meet. You will bring a cashier's check made out to me and they will have the deed along with instructions on filing with the county.

Can I use bank financing to buy these properties?

Sure, you are welcome to use financing through your bank or a lending company if you choose. On certain properties, we can also offer owner financing, so just ask. We will help out when we are able.

Can you hold a property that I am interested in for me?

Sure! We can hold a property for 24 hours with a $100 non-refundable payment. We offer this option because there are times where more than one person is interested in a property. This fee can be done through PayPal, Venmo, or account to account. 

Do you offer owner financing?

Yes, on certain properties owner financing is an option. The typical structure is: 20% down, 10% interest.

Are there any other fees once I have received the deed from you?

The only additional fee that you will be responsible for is the county/parish filing fee. Typically in Texas, the filing fee is around $30-$40.In Louisiana, the fees for filing are typically around $70-$100.

What will I receive from you once I pay for a property?

You will receive a special warranty deed conveying the land from me to you. You will also receive specific instructions for filing with the county/parish that the land sits in. If you would prefer us to file the deed for you, we can do so for the filing fee cost. Once the county/parish files the deed, they will mail the original back to you for your records.

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