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1-541-312-2959 kspenn@eliproperty.com

Financing Details

Eli Property Company has the best financing available for buying Oregon land.

 

Eli Property Company provides our own financing at 5% interest. There is no qualifying, no loan fees, and no prepayment penalty.  We offer the best hassle-free financing to be found anywhere for buying land.

Amerititle, in Klamath Falls, handles the escrow and the collection of the payments.

Our property is sold using an escrow company, just like buying a home. You receive a policy of title insurance and recorded deed  at the close of escrow. Our escrows are handled by Amerititle company, Oregon’s largest title company. All payments are made to and processed by Amerititle in Klamath Falls.  Many companies selling land do NOT give recorded ownership and title insurance, they sell property using a land contract.  This means you don’t become the recorded owner till AFTER you pay off the property, and that could take years.  Read our “advice from the experts” ( attorneys, title officers, investment advisor and real estate developer) to see the problems with purchasing real estate without getting title insurance and a recorded deed.

Our interest rates are the lowest in the industry. Only 5% interest with 10% down payment.

NO QUALIFYING

NO PREPAYMENT PENALTY

NO LOAN POINTS OR FEES

TITLE INSURANCE PROVIDED AT TIME OF PURCHASE

RECORDED DEED AT TIME OF PURCHASE

1/4 to 1/2 acre lot financing terms.  Lots from $8,000 to $19,000.

Lot Price: $8,000
$800 (10%) downpayment = $7,200 balance at 5% for 7 years = $101.76 per month

5-acre lot financing terms. Lots from $60,000-$75,000.

We have 15-year financing available for our 5-acre lots with the same terms ( 5% interest) as our 1/4 to 1/2 acre lots.

Lot Price: $60,000
$6,000 (10%) downpayment = $54,000 balance at 5% for 15 years = $427.03 per month