Question 1

Where are you located / based?

Accepted Answer

We are a Florida based Real Estate Investment company with branches in key states including Oregon, Florida and California. We Sell Land nationally. Parent Company Mr Buyer LLC, with The Land Outlet as a DBA

Question 2

Why should I do business with you?

Accepted Answer

Because we’re honest and we will do what we say we’re going to do. We’ve done hundreds of transactions and can get the job done. You can check our reviews online at www.thelandoutlet.com/reviews

Question 3

Are you realtors and do I have to pay a commission?

Accepted Answer

No, we are private investors, and you will pay no fees or commissions. Our service is free. You can learn more about us here on our website.

Question 4

How can you assure me that I am purchasing property from a real company?

Accepted Answer

TheLandOutlet.com is a DBA of parent company MrBuyer.com which been in business for over 19 years, and we’ve sold over hundreds of properties so far. A lot of our customers have shared their experiences and thoughts about our company on our Google Reviews page at Mr. Buyer LLC Google Reviews Feel free to take a look at our page, or give us a call at 1-844-55-CHEAP (24327) if you would like to speak with someone at our office.

Question 5

Are you registered with the Better Business Bureau?

Accepted Answer

We are not currently registered with the Better Business Bureau. This is a business-funded organization that establishes itself as a mutually trusted nonprofit organization to act as an intermediary between consumers and businesses; membership is not required to be a legitimate business.

Question 6

How do I purchase a property?

Accepted Answer

Once you’ve decided on the right property, you can check out directly on the property page by clicking the “Buy Now” button. You can purchase the property by paying in full, or in installments (if available)– just select your preference. If you’d like to purchase via another method, please feel free to contact us for all payment options.

Question 7

What forms of payment do you accept?

Accepted Answer

Cash, Checks, Money Orders, Wires, Credit Cards, Debit Cards, ACH Payments, and trades. Yes we would consider even trades–call us!

Question 8

What do you take for trade?

Accepted Answer

Almost anything…try us.

Question 9

Do I need an attorney or real estate agent?

Accepted Answer

We’ve simplified the buying process with straightforward, easy-to-read contracts. Of course, we encourage you to hire a professional if you think it’s necessary but we’ve done our best to make the process easy for anyone to understand. You are always welcome to have any professional review the documents, property, process as you wish to feel comfortable. No, but if you wish to involve your realtor or real estate lawyer and have them review any element of the transaction, you’re more than welcome to do so! We’re happy to work with them and provide any information they request. Simply put, purchasing directly from us cuts out the middle-man, and we’ve spent significant time and money to research and provide to you as much information as possible about our properties. We want you to walk into this transaction with “eyes wide open” and comfortable enough to proceed without the service of a realtor. Realtors charge an average commission of 6% for their services. By selling our properties directly to you we are able to eliminate this fee and pass the savings along to you. If you purchase directly from us, you pay only the cost of the property and your share of closing costs. Part of the reason we are able to offer our land at discounted prices is that we have eliminated many of the “middlemen” whose services add significant costs to the completion of a deal. Personally, we like good, cheap land and we assume you like it too!

Question 10

¿Habla español?

Accepted Answer

Si. Llama nos 813-694-5074

Question 11

Can I create a mortgage that fits my budget?

Accepted Answer

Yes, the mortgage structures listed on each property page are guidelines. We’ll work with you and your budget.

Question 12

Do you hold anything in escrow for a mortgage?

Accepted Answer

No.

Question 13

Can I pay my mortgage off early?

Accepted Answer

Yes, you can pay your mortgage (or part of your mortgage) off at any time, using any of our accepted forms of payment. There’s never any pre-payment penalty through one of our many Guarantees!

Question 14

I don’t live in the US — can you finance the land for me?

Accepted Answer

Yes, but you must have a US Citizen co-signer.

Question 15

You don't have what I'm looking for… can you get it?

Accepted Answer

Yes. We acquire properties where we have buyers. If we know you want something specific, we’ll do our best to get it for you.

Question 16

What happens when I pay off my mortgage?

Accepted Answer

We record a satisfaction of mortgage at our expense, and send you the original.

Question 17

What happens after I purchase the property on the website?

Accepted Answer

Here is what the purchase process is like: Once you have chosen the property that you would like to purchase, you can make the down payment directly on the website. We’ll ask for your billing and contact details and use that information to generate your contract. This process takes about 2 business days, so be on the lookout for an email with your fully executed contract. You’ll open this email and sign your contract electronically in a few simple clicks. Congratulations – you are now a land owner! You can use this contract as proof of ownership and start using your land right away. One thing our customers love is that they don’t have to wait until the land is paid off to start building on or developing their new properties – the property is yours to use (within county and/or HOA regulations, of course) as soon as you sign your contract. Finally, we will send you copies of your contract and property information in an official Mr.Buyer Closing Packet. You can save these copies for your records or to show to your friends and family as you tell them about your new land purchase!

Question 18

How do I make my monthly payments?

Accepted Answer

You can set up auto payments from a bank account, credit card, or debit card at no extra charge. Or you can make monthly payments each month directly on our website. We can also accept other types of payment methods such as cashier’s check, wire transfer, or Paypal.

Question 19

How can I be sure that I am buying a property from a real company?

Accepted Answer

TheLandoutlet has been in the business since 1999. Our reputation is important to us. We always have a real person in our office to speak to you. Also, be sure to check out our online reviews on Google and Facebook to see what our customers are saying about us.

Question 20

If I look on county records, will I see TheLandOutlet™ or your address?

Accepted Answer

We take ownership of properties under the name of a Trust or an LLC. TheLandOutlet™ is our Sales Company (Or Brand as often called), and will not show as the property owner in County Records. You will see the name of the Trust or LLC both in the County records and on your Land Contract. Additionally we have three main addresses, with our main one being Beaverton: 9450 SW Gemini Dr PMB 83274, Beaverton, OR 97008 3346 Market St PMB 83274, San Francisco, CA 94104 382 NE 191st St Ste 83274 Miami, FL 33179

Question 21

Do you have any type of prepayment penalty or fee for paying off my loan early?

Accepted Answer

We never charge any prepayment penalties or fees. Pay down the principal sooner to avoid additional interest and save in the long run.

Question 22

What does the closing process look like?

Accepted Answer

You can expect the closing process to take 2-4 weeks, but we will confirm the exact closing date with you as soon as we know. a. Sign The Title Documents: You do not need to travel to the title company to close. We can have the Title Company email you any documents they need your signature on, and you can take them to a local notary for signing. You can then send them to the Title Company (with an overnight label provided by the title company). b. Fund The Transaction: You’ll never be asked to send us money directly – you’ll send the purchase funds to the licensed/insured Title Company, who will hold the funds in escrow until the transaction is ready to close. Wire transfers are preferable, but if you prefer, a certified check would also be acceptable. c. Take Your New Land! The Title Company will not release these funds to us until they’ve run the title search, sent you the settlement statement, and closing is complete.

Question 23

Why should I buy from you instead of a real estate agent?

Accepted Answer

If the property is listed through a Real Estate Agent and you’ve engaged the agent, we encourage you to continue with them out of respect to them. If you have reached us directly and not through an agent there is nothing wrong with continuing on through the process directly with us..

Question 24

Is title insurance available?

Accepted Answer

Yes, we conduct thorough due diligence on our properties and the titles are insurable by nationally recognized Title Insurance Companies. In some cases when discount properties are sold at below $10,000 Title Insurance may not be provided but can become available if the buyer requests the cost of the insurance.

Question 25

How do I plan a site visit?

Accepted Answer

Each property is unique. Some require 4 wheel drive and GPS to locate while others have “drive right up” access. Please contact us if you need any assistance with maps, coordinates, etc.

Question 26

Are there any liens on the property?

Accepted Answer

No, we guarantee clear title on all of our properties. We do an extensive in-house title search, and we have a 100% money-back guarantee to back this promise. Unlike many of our competitors, we guarantee that you will not get stuck with a property with delinquent property taxes, delinquent HOA dues, or title issues.

Question 27

Can I buy from you even if I don’t live in the state the property is in?

Accepted Answer

Yes! You can purchase a property no matter where you live. We’ve even had buyers from other countries purchase land from us.

Question 28

How do I qualify for seller financing?

Accepted Answer

We have no lengthy pre-qualification process, no credit checks, and no red tape. If you can pay the down payment and are comfortable with the low monthly payments, you can purchase land from us using seller financing. Is it too good to be true? Here’s our process, simple and transparent – we hold the deed to the property while you are financing the land as collateral for your note. When it is paid in full, we transfer the deed to you at that time. Simple. Affordable. Transparent.

Question 29

Can I buy your property through a title office?

Accepted Answer

Yes. We provide our efficient transaction service as a means to simplify the process and save money for the end buyers. You are perfectly welcome to use a traditional title office to close but you would have to cover those costs.

Question 30

Are there back taxes or liens associated with the property?

Accepted Answer

No. We guarantee that all of our properties are sold free & clear of liens and encumbrances and that the taxes are current.

Question 31

What is “due diligence”?

Accepted Answer

Due diligence or sometimes called “inspection period” is the time a buyer asks to review the property to make sure it fits what they need. For land that could be doing a survey, checking with planning and zoning to confirm what can be done, could be a perk test, or for structures like homes, could be a home inspection for example. Many investors have short or no due diligence period to strengthen their offer but it depends on the buyer and their use for it.

Question 32

How much are closing costs?

Accepted Answer

Although there are always closing costs when buying real estate, here at TheLandoutlet™ through out Guarantees we never charge the buyer any fees or closing costs!

Question 33

Is my earnest money deposit refundable?

Accepted Answer

Absolutely! You have a due diligence period selected on your purchase, if you are not happy with the property for any reason let us know in writing during the due diligence period and we’ll be happy to fully refund 100% of your deposit right away!

Question 34

Why is there an As-Is, Where-Is addendum?

Accepted Answer

Because we buy hundreds of properties around the country nationwide below market value and pass a lot of savings to the end buyers we have to offer these with an As Is Where Is Addendum. Similar to what many builders do and Banks with Foreclosed Properties, the Buyers have to do their own confirmation/due diligence when buying.

Question 35

Why don’t you offer owner financing on some properties?

Accepted Answer

By separating ourselves from the financing business altogether, and thus not adding the risk of default into our pricing structure, we’re able to offer the lowest possible prices on land. If you look at most owner financed options they are overpriced relative to everything else on the market and have a high interest rate along with extra fees added into the deal. There is a pervasive myth that you cannot get a loan to buy raw land. We have worked with many financed buyers and the interest rates banks offer these days cannot be beat. You’re always welcome to research and contact local lenders if you need financing. And we will do our best to connect you with helpful lenders in the area. We do not offer owner-financing but you could get a loan through a bank or another lender and we’d be happy to coordinate with them.

Question 36

How do I apply for owner financing?

Accepted Answer

We can typically offer financing on our properties. The minimum down payment varies on a property-by-property basis. After the down payment, the remaining balance may be financed on a term of anywhere from 1 year to 30 years. We offer easy terms, with no credit check or lengthy underwriting process and we cover ALL of the closing costs. You will have full use of the property upon completion of the paperwork and receipt of your down payment. There is no prepayment penalty or balloon payment, so you can pay off the loan at any time.

Question 37

Are you real estate brokers?

Accepted Answer

No, we are a national real estate investment company who buys large volumes of real estate at steep discounts, passing the savings on to the end buyers! Although some of our staff, members or managers may hold a real estate license, we are a direct seller, again passing all the savings onto you, the savvy buyer!

Question 38

How does the “Buy Now” button work?

Accepted Answer

a. The Buy Now button makes it easy . . . just click, enter your contact info (name, phone, email) and click on the icon that matches how you would like to pay (PayPal, PayPal Credit Card, or other Credit Card). b. You have the option to Do Finance, Pay Cash (Discounted Price), or Reserve. This Reserve Payment is applicable to the purchase price and will hold the property for 72 hours to allow time for you to sign and return our simple purchase agreement, and complete the funding requirements you chose. c. Once the simple paperwork is completed, additional earnest money will be due within 48 hours and we will schedule the closing date with you. d. For using the Buy Now button here, you will receive your Reservation Amount off the listed Purchase Price!

Question 39

How do backup contracts work?

Accepted Answer

If someone else put a property under contract right before you were able to do it, don’t give up yet! Sometimes contracts do fall through and, in those cases, we award the new contract to the next person in line. In short, if you want to make sure you don’t miss out again, you can enter a backup contract for $499. That is 100% refundable and does apply to the purchase price. If the contract does slide to you, then the additional earnest money is due (usually $500 and also applicable to the purchase price) and we proceed to closing the deal with the Title Company.

Question 40

How do I know if this is a safe way to purchase property?

Accepted Answer

Talk to us. It’s as safe as any other real estate transaction. We’ll provide our title search and present you with a warranty deed. For more expensive properties (over $10,000), we’ll help arrange title insurance should you want it. To date, we’ve NEVER had an unsatisfied client.

Question 41

Are there any hidden fees when buying land from you?

Accepted Answer

No. We cover all expenses including closing and recording costs.

Question 42

Do I have to owner finance my property?

Accepted Answer

No. You are more than welcome to obtain bank financing, or purchase with cash. For more information, visit our Owner Financing page.

Question 43

Do you charge PMI (private mortgage insurance)?

Accepted Answer

No, we do not charge PMI.

Question 44

What closing costs am I responsible for?

Accepted Answer

If you are closing through our company directly then you will not incure any closing costs (it is complementary for you). If you decide to close with a conventional closing / title company or attorney then you would be responsible for conventional buyers closing costs.

Question 45

How many people can be on the loan/title?

Accepted Answer

We do not limit the number of people applying for the loan. Application fees vary based on how many apply.

Question 46

How long does it take to close on the property?

Accepted Answer

It typically takes only 2-3 business days if you have your down payment for Terms or Cash available for Cash Discounted Price.

Question 47

Can I purchase a property and owner finance through my business?

Accepted Answer

Yes. If you buy through a business entity, you will need to personally guarantee the loan. The contract and loan will be made to the business entity.

Question 48

Who can I contact with questions?

Accepted Answer

You are welcome to contact our office and speak with a real person at 1-844-55-CHEAP (24327). Our office hours are Monday through Friday, 8am to 4pm, Pacific Standard Time. Or use our live chat feature on our website. Keep your eye out for the live chat box to click on our website’s homepage or property pages where you’ll see “Need Help? Click here for live support.”

Question 49

Can you hold a property while I’m deciding to purchase it?

Accepted Answer

Properties are available on a first-come, first-serve basis and will not be put on hold. When you’re ready to purchase the property you want, you can click on the “Buy Now” button, or call our office at 1-844-55-CHEAP to put the initial money down.

Question 50

What is your refund/cancellation policy?

Accepted Answer

All land sales are final at the time the property is purchased in full or initial money is put down to begin financing. A $200 cancellation fee will be charged should you decide to cancel your contract. Please do your due diligence, and make sure the property you purchase is the one you want for your investment.

Question 51

What is transfer tax?

Accepted Answer

Transfer tax is a tax imposed by a state or county to transfer the title of a property. This tax is not imposed by all states, but can’t be waived in those areas that do charge it.

Question 52

When does the property title transfer to me?

Accepted Answer

Once you pay off a property, we will execute the property deed to you and send it to the county for recording within 30 days. A copy of the deed will be sent to you as well. After the county has recorded the title change they will send you the original document.

Question 53

What kind of guarantee do you offer with regards to the land I purchase from you?

Accepted Answer

We guarantee a free and clear title will be transferred to you when the property is paid off. This means that we guarantee that the property taxes and any HOA dues will be current, and that there will be no tax liens, judgments, or title defects transferred with the property title at the time the property is paid off.

Question 54

Do you perform credit checks or credit reporting?

Accepted Answer

In an effort to make land investing easier we do not perform credit checks or do any credit reporting. We see credit checks as an unnecessary, prohibitive step in the process of becoming a land owner.

Question 55

How do I qualify for your owner financing option?

Accepted Answer

Everyone qualifies for our owner financing option at TheLandOutlet! We don’t perform any credit checks or credit reporting in order to help make it as easy and affordable as possible for you to become a land owner.

Question 56

What documents will I receive after I purchase a property?

Accepted Answer

You will receive a Property Investment Portfolio within 2 weeks of purchasing your new property. This portfolio will contain your land sale contract to show that you’re purchasing the property, along with helpful information about the property itself. There will also be a customer profile builder that we will need you to fill out and send back to us. This document is extremely important because it is what allows us to correctly record your deed once the property is paid off – so be sure to send it back to us!

Question 57

How do I purchase a property from TheLandOutlet™?

Accepted Answer

When you’re ready to purchase a property from TheLandOutlet™, you can do so in two ways. Through our website simply click on the property’s red “Add to Cart” button. To make the purchase over the phone you can call our office at 1-844-55-CHEAP. We will ask for the following information: • First and last name • Email address • Mailing address • Phone number • Credit or debit card you want to use to purchase the property

Question 58

I was sent an “Assignment of Contract”… what is that?

Accepted Answer

In our effort to provide the absolute rock bottom pricing we sometimes offer properties through “Assignment of Real Estate Contract”. What that means is that we are assigning our interest in the right ot purchase the property from the original seller. This equitable interest is completely legal and oftentimes closes in a title office or law office providing clear title to the property. This minimizes closing costs and allows us to pass on even more savings to the end buyer.

Question 59

Can I buy property from TheLandOutlet™ if I’m not a United States citizen or located in the United States?

Accepted Answer

Absolutely! Anyone is welcome to purchase property from TheLandOutlet™. We ask for the same information whether or not you are located in the United States, and you will receive the same documentation either way. If you prefer not to wait for the mail to arrive, ask us about sending your documents by email. Many of our buyers, both national and international, have found this method even easier and more convenient.

Question 60

What if I am unable to physically go to the property before purchasing it?

Accepted Answer

A lot of our buyers find it helpful to use the satellite map when they are unable to physically visit the property. The satellite map will allow you to see the terrain of the area the property, and it can sometimes provide a street view of the property itself. This map is located on the property page in the “Maps” section.

Question 61

Can I see the property before I purchase it?

Accepted Answer

Yes. You are welcome to use the maps and driving directions provided with each property page to go and take a look at the property before completing your purchase. You can locate the maps and driving directions for each property in the “Maps” section of the property page. Call us if you want more mapping help!

Question 62

Your properties are so cheap… what's the catch?

Accepted Answer

It begins with us buying cheap. We buy properties nationwide in large volumes at auction, in tax, estate sales and motivated sellers. You’ll find investment properties on this site are discounted 20% off market value. We want repeat buyers who can make money re-selling the property themselves if they choose. Our three-pronged goal is: Provide Excellent Customer Service via every communication channel available. Minimize Risk for Our Customers by researching and providing as much property information as possible. About 90% of the properties we research buying don’t make the cut. We only want high quality land with hassle-free titles. By extending that research arm even further, after we’ve actually purchased the land, the property and listing you finally get to see has been double-filtered for quality, thoroughness, and transparency. Offer the Lowest Possible Prices & In House EZ Qualify Financing By keeping our small company incredibly lean and efficient. We have cut out the middle man (real estate agents, brokers, lenders) by selling direct to you and keeping our overhead low by selling our land over the internet. These savings are in turn passed along to you.

Question 63

Why don’t you have any tests on your properties?

Accepted Answer

Because we buy in large volumes at significant discounts in order to maximize savings to our end buyers we buy them “As-Is” and sell them “As-Is.” We can certainly do soil tests, Perc Tests, Surveys, and the like, but it slows down the process, adds significant costs and we would have to increase the prices. Think of us like a Costco Wholesale. When you buy there with a membership you have to bag your own items at checkout. This is exactly the same. It doesn’t mean there is anything wrong with the property, it’s just the way we buy and sell and offer such savings to our end buyers.

Question 64

What can you tell me about the property?

Accepted Answer

We purchase real property for the sole purpose of reselling it. Everything we know about each parcel is stated in the listing. We generally do a due diligence review and inspection and publish what we find but it’s up to the buyer to perform their own due diligence and confirm what they need to check on. This allows us to pass on significant savings to our end buyers. We include everything that we know about the property in the listings on our website. If the property has an HOA or any CC+Rs, we include these documents in the listing as well. Rest assured, if you have questions about the property that aren’t addressed in the listing, just let us know and we’ll do our best to find those answers for you. We also include the contact information for the county, local utility companies and service providers, so that if you have any additional questions, you can make those calls directly. In our experience, it is more efficient for you to have those conversations directly with the source of this information, so as to ensure you’re asking all of the relevant questions (and follow up questions) that arise while doing your due diligence. We always recommend that our buyers double check any information that is of particular importance to them with the original source of our info.

Frequently Asked Questions