F.A.Q
Does the property have utilities?
Unless otherwise indicated in the description, Properties located in the rural areas do not generally have utilities. They are perfect for farming, generating solar or wind-powered Energy
Are mineral rights included?
Mineral rights are generally not included in the nature of estate acquired. However, most of the rural lands have been geologically surveyed and no mineral interest of value have been located. This has never been an issue with any of the properties we have marketed and sold.
Can I raise crops on the property?
Yes, provided the property is zoned for agriculture, mining and recreation..
Can I raise animals on the property?
Yes. Provided the property is zoned for agriculture..
Is title insurance available?
Yes, We always make use of a title company that manages our closings and they usually arrange for a title insurance policy in your name, to cover for ssues with title, if any .
How much are property taxes?
The property taxes are typically assessed by the various appraisal districts were the properties are located and will vary from parcel to parcel.
Do I need an attorney or real estate agent?
We always encourage our buyers to hire a professional if you think it’s necessary but we’ve simplified the buying process with straightforward, easy-to-read contracts for anyone to understand.
Why should I buy from Penultimate Investment LLC instead of Craigslist or eBay?
Our Lands have been carefully selected with our potential clients in view and we have made the land buying process hassle and pain free. Our prices are discounted and affordable.
Why should I buy from Penultimate Investment LLC instead of a real estate agent?
Since you buy directly from us we save you the agent’s or broker’s fee which normally ranges from 3 to 6 percent of the purchase price.
How do I apply for owner financing?
There are NO application process! No credit checks. You are already pre-approved. If you can afford the down payment, you are qualified under our owner-finance program And you may qualify for a lower interest rate if you choose to put down a higher down payment. A simple application to fill out at the outset will suffice.
How long does it take to close on a property after I make my down payment?
Once your down payment is received, we will send ou the entire deed package . This packet will include maps, photos, your Land Contract, Promissory Note, and Purchase Sale Agreement. Once we receive the signed documents, we will set you up on automatic payments . Once you pay off your note, we will issue you a Warranty Deed along with your title insurance. The county will then mail you the original recorded deed for your files. At that point you own it free and clear.