After locating the property of your dreams, financing rural property can either make or break your day. Most people that deal in real estate financing seem to be locked into conventional methods of financing property. We, however, believe that rural real estate financing is challenging and there is no standard way to get the job done. They will usually amortize the loan over 10 to 15 years and require a balloon payment at the end of 3 to 5 years. A lot depends on the amount of down payment.
Owners can finance the down payment.
Many times we are able to add the cost of the water well and septic system into the purchase price. We can then loan the buyer the down payment for 2 years. There are other variations of financing packages. It is our responsibility to meet those needs. Very few purchases are lost because the buyer cannot get adequate financing when buying from us.