We buy land

At K2 Land Development LLC, we specialize in purchasing land for various purposes, whether it's for development, investment, or personal use. With our expertise and resources, we make the land acquisition process simple and hassle-free.

Why Choose Us?

• Expertise: With years of experience in the real estate industry, we understand the complexities of buying land and can guide you through every step of the process.
• Flexibility: We're interested in properties of all sizes, from small parcels to large tracts of land. Whether you're selling 1 acre or 100 acres, we're ready to make a fair offer.
• Quick Transactions: We have the resources to expedite the buying process, allowing you to close the deal efficiently and move forward with your plans.
• Transparent and Fair: We believe in transparency and fairness in all our transactions. You can trust us to provide honest assessments and fair offers for your land.

What We're Looking For:

• Residential Lots
• Undeveloped Land

Contact Us Today!

If you have land to sell or if you're interested in purchasing land, we'd love to hear from you. Contact us today to discuss your needs and explore how we can help you achieve your goals.

An "owner carry" land purchase, also known as seller financing or owner financing, is a transaction in which the seller of the property acts as the lender, providing financing to the buyer instead of the buyer obtaining a traditional mortgage from a bank or financial institution. In this arrangement, the buyer typically makes a down payment to the seller and then makes regular installment payments, including principal and interest, directly to the seller over an agreed-upon period until the purchase price is fully paid off.

Here's a breakdown of the typical components of an owner carry land purchase:

 The buyer provides an initial down payment to the seller, usually a percentage of the total purchase price. The amount of the down payment can vary depending on the negotiations between the buyer and seller, but it's typically lower than what might be required by a traditional lender. 

 The buyer and seller negotiate the terms of the financing agreement, including the interest rate, repayment schedule, and duration of the loan. These terms can vary widely depending on the preferences of both parties and the specifics of the transaction. 

 The interest rate on an owner carry loan can be fixed or variable, and it's typically determined through negotiations between the buyer and seller. The interest rate may be higher or lower than prevailing market rates depending on various factors such as the seller's financing needs and the perceived risk of the transaction. 

 The repayment schedule outlines the frequency and amount of the installment payments that the buyer will make to the seller. Payments are often made monthly, but the schedule can be tailored to fit the needs of both parties. 

 To secure the seller's interest in the property, a legal instrument such as a deed of trust or mortgage is typically created. This document outlines the terms of the financing agreement and gives the seller certain rights in the event of default by the buyer. 

 The closing process for an owner carry land purchase is similar to that of a traditional real estate transaction, involving the transfer of ownership from the seller to the buyer. However, because seller financing is involved, additional documentation related to the financing agreement may be required. 

  Both the buyer and seller should seek legal advice to ensure that the owner carry agreement complies with all applicable laws and regulations. Legal counsel can help draft the necessary documents, review the terms of the agreement, and ensure that both parties understand their rights and obligations. 

1. Steady Income Stream: Sellers who finance the sale of their land can benefit from a steady income stream generated by the monthly payments from the buyer. This can provide a predictable source of income over the term of the financing agreement, potentially improving cash flow and financial stability.
2. Tax Advantages: Depending on the seller's individual tax situation and the terms of the owner carry contract, there may be potential tax advantages associated with seller financing. For example, sellers may be able to spread out capital gains tax liabilities over time or deduct certain expenses related to financing the sale.
3. Faster Sale and Closing Process: Owner financing can streamline the sale and closing process by eliminating the need for third-party lenders and the associated delays and paperwork. This can result in a quicker closing timeline, allowing sellers to access their proceeds sooner.

   Owner carry financing can offer advantages for both buyers and sellers. Buyers who may not qualify for traditional financing can access property with a lower down payment and more flexible terms. Sellers can attract a larger pool of potential buyers and potentially earn a higher return on their investment by providing financing themselves. However, it's essential for both parties to carefully consider the terms of the agreement and seek professional advice to mitigate risks and ensure a successful transaction.