$99 Down Program

Need easy financing??  ArizonaParcels.com offers no credit check, no background check, no hassle financing on some of it’s properties.  We call it our “$99 Down Program” and it’s as simple as that.  Just $99 down and low monthly installments allows you to own beautiful properties to vacation on, build a home, or just hold on to as an investment.

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STEP ONE: $99 DOWN and THE LAND CONTRACT
A ‘land contract’ (sometimes known as a “contract for deed,” “agreement for deed,” “land installment contract” or an “installment sale agreement”) is a contract between a seller and buyer of real property in which the seller provides financing to buy the property for an agreed-upon purchase price and the buyer repays the loan in installments. Under a land contract, the seller retains the legal title to the property, while permitting the buyer to take possession of it for most purposes other than legal ownership. The sale price is typically paid in periodic installments, often with a balloon payment at the end to make the timelength of payments shorter than a corresponding fully amortized loan without a final balloon payment. When the full purchase price has been paid including any interest, the seller is obligated to convey legal title to the property to the buyer. An initial down payment from the buyer to the seller is usually also required by a land contract. The legal status of land contracts varies from region to region.

Since a land contract specifies the sale of a specific item of real estate between a seller and buyer, a land contract can be considered a special type of real estate contract. In the usual, more conventional real estate contracts, a seller does not provide a loan to the buyer; the contract either does not specify a loan or includes provisions for a loan from a different “third party” lender, usually a financial institution in practice. When third party lenders are involved, typically a lien called a mortgage or trust deed is placed on the property so that the value of the property is used as collateral until the loan is paid in full.

In Short: You purchase the property with $99 down.  You get the deed when the property is paid off.  Monthly payments to own Arizona Land start at just $99 a month!  Shop our $99 Down Parcels now!