Terms & Conditions
General Terms of Sale
- All sales are final after receipt of funds and after receipt of signed documents related to sale. If a Buyer rescinds purchase after paying full payment, partial payment, or deposit, but before the documents relating to the sale are signed, Seller has the right to charge a processing fee of up to 10% of the amount paid.
Forms of Payment Accepted (New Purchases vs. Monthly Payments)
- New Purchases: Credit Card / Debit Card payments are acceptable through PayPal only for new purchases to pay the required Deposit to hold a property
- Monthly Payments: No monthly loan payments are permitted to be submitted in the form of PayPal or Credit Card (when Seller agrees to provide owner-financing). The only forms of payment acceptable for monthly payments are: Cash Equivalents (Cashier’s Checks, Money Orders, Traveler’s Checks) Personal Checks, or Company Checks.
Conditions of Sale
- All properties are being sold in an “As Is, Where Is, and with All Faults” condition as of the date of sale. All sales are considered SOLD and FINAL. Buyer understands that Seller will abide by all state disclosure laws and will disclose all known facts regarding the property. Buyer acknowledges that all properties are being sold subject to all existing covenants, conditions, restrictions, reservations, exploration and mineral rights, easements, rights of way, assessments, zoning, and all other land use restrictions as there may be on or off record.
- Inspect the Property Before You Buy!
- All Buyers should personally inspect each property and its physical condition prior to purchasing. All Buyers will be required to personally sign an acknowledgment stating that the Buyer has been given the opportunity to inspect the property and is satisfied with its suitability for the purpose intended, including the availability of utilities and rights of way or the lack thereof. Failure of a Buyer to obtain full information about the condition of a property, or to conduct their own on-site or off-site property inspection, will in no way constitute grounds for any claim against the Seller nor the cancellation or adjustment of the sale.
Seller and Website Disclaimer
- Netishen Land Holdings LLC, owns all of the properties listed on this website (unless otherwise indicated within a property listing). The property information contained herein was derived from sources believed to be correct, but is not guaranteed. Seller and Website do not accept responsibility for information presented. It is the responsibility of the Buyer to determine the accuracy of all measurements and specifications of the property, and Buyers are urged to contact the appropriate planning, zoning, and utility agencies to ensure the property is suitable for their needs prior to purchase. Some of these agencies may be listed on our Resources page. The sale will be conducted by the Seller as a FSBO (For Sale By Owner) transaction.
Loan Servicing Fee
- For owner-financed properties, a reasonable monthly loan servicing fee of $15.00 per property will be included in the monthly payment to help cover the Seller’s cost of processing the loan payments by the Loan Servicing Agency of the seller’s choice.
Property Taxes/Association Fees
- Buyer is responsible for all property taxes due after the date of the sale. Taxes will be prorated such that Seller is responsible for all property taxes due and payable until and including the day of the sale. If Buyer chooses the financing option, Buyer is responsible to pay the property taxes directly to the county treasurer/tax collector throughout the course of the loan (per county tax collector due dates). Buyer may also choose that the Taxes be impounded in the monthly payment. Should Buyer fail or refuse to pay the taxes due, Seller may pay the taxes on Buyer’s behalf and charge the Buyer back. The lien against the property will not be released until property tax payments are reimbursed to the Seller from the Buyer in such a case.
- As with property taxes, Buyer is responsible to pay association fees (if applicable) and keep them current throughout the course of the loan or be charged back as stated above.
- Buyers should contact the appropriate county offices as indicated on our Resources page for any questions about property taxes, assessed values or supplemental assessments.
Early Loan Pre-Payment
- There is NO PRE-PAYMENT PENALTY. Any loan can be paid off at any time without any fees or additional charges.
Ownership Transfer/Title Insurance
- The sale will be closed by a reputable escrow/title company and Seller will convey ownership to the property at close of escrow and a Special Warranty Deed will be issued. For properties that are owner-financed a Special Warranty Deed will be recorded up to 30 days upon completion of the final payment monthly payment.
- Seller advises Buyer to obtain title insurance for the property and acquiring title insurance is solely up to the Buyer. Buyer and Seller will split escrow fees and Buyer will be responsible to pay the cost of title insurance.
- Seller advises Buyer that at the time of sale, the property is free and clear from liens other than recurring assessments and bonds and that the property has marketable title. Additionally, at the time of sale, the property does not have any delinquent taxes due.
Seller and Website do not guarantee
- The property boundaries and corner markers to be accurate since they have been identified only by the location of the surrounding corner markers. The exact property boundaries and locations can only be identified by an official property survey.
- Suitability of property for building site. Some property encumbrances can only be identified by a detailed expert inspection of a property. Unless otherwise stated, Seller is unaware of such encumbrances.
- Availability of municipal water or water via a private well. All Buyers are urged to contact local municipal planning and zoning departments or the State Department of Water Resources for information on water availability and local municipal development departments for future water availability plans
- Availability of Utilities. All Buyers are urged to contact the local utility companies for information on availability, cost and future development plans for extending electric and telephone lines to the property.
- Feasibility to place a “standard” septic system on the property. Seller has not engaged in any kind of soil or percolation testing (not all properties require percolation testing; however some do). Some properties might require the installation of an “alternative” (i.e. Hydraulic, Sand Filtered, or Mounted, to name a few) septic system. Unless otherwise stated, Seller is unaware of such conditions.
- Physical or legal road access or lack thereof. Seller is unaware of such encumbrances unless specifically stated in the individual property listing. Some parcels might be “land-locked”.
- That any roads existing on third party maps (amongst them but no limited to: County Maps, http://maps.google.com, http://mapquest.com, http://bing.com/maps), actually exist. All maps were provided for information and orientation purposes only. No liability is assumed for the accuracy of the data delineated therein.
- Any zoning restrictions, building codes, permit requirements or any other land use restrictions. Contact local municipal Planning and Zoning Departments or affiliated Departments (like Building and Public Safety Department) of the municipality or county in which the property is located.
- The existence of Mineral Rights for the property. Unless otherwise stated for the particular property, Buyer should assume that No Mineral Rights come with the property. Contact appropriate local authorities for clarification on Mineral Rights on a particular property you are interested in.
- Existence of Homeowners Association Fees, local or regional Bonds for Utilities, Water, Sewer, and street improvement. Unless otherwise stated for a property, Seller is unaware of such assessments.
- Directions to properties. Directions to properties are provided for orientation purposes only and Seller does not guarantee the accuracy of such directions.
Frequently Asked Questions (FAQs)
Should I visit the property before buying?
- YES, we strongly recommend that you inspect the property before buying. You should also check with the county on the zoning and approved uses of the property. The county Planning and Zoning Department will also be able to tell you about the current and future development plans for the area. Our Resources page may help you. While we will do our best to tell you everything we know about each property, nothing replaces the value of doing your own research and due diligence.
Who owns the properties being sold on the myLANDBARON.com website?
- All properties sold through this website are fully owned (FREE AND CLEAR) by Netishen Land Holdings, LLC (unless otherwise indicated within a property listing). It must be specifically noted that myLandBaron.com is not a real estate brokerage firm, but only a marketplace and brand name through which these properties are being sold by the Seller directly to the Buyer as a “For Sale by Owner” transaction.
Who do I contact if I have questions about the sale process or about a specific property?
- If your questions cannot be answered through our Terms/FAQs or through the property details found on each property listing, please don’t hesitate to call us at 888-757-5771 and we will be happy to help you.
How do I find the property when doing my research?
- Here are some helpful hints on how to locate the properties listed for sale on myLANDBARON.com. For each property listed we have done our best to provide you with tools to help you determine the approximate geographical location. Each property listing has a link to http://maps.google.com so that you can see the street, satellite and terrain views. And, once you click “View Larger Map” beneath the map you can click “Get Directions” and find directions to the property from your own location. Furthermore, this map also lists the latitude / longitude parameters in case you have a GPS system available. A county assessor’s parcel map is also provided for each property.
- Here are 2 scenarios to help locate a property:
1. The property has a street address
If this is the case finding the property is very simple. Go to http://mapquest.com or http://maps.yahoo.com and enter the street name and the city/town name. If available, enter the zip code and the approximate property location will appear. You will be able to zoom in or out as you wish until you can clearly tell where the property is located relative to its surroundings. Once you identify the approximate location of the property you can then compare the detailed view of the property location with the plat map that is available for each property.
2. The property is in an area with no street signs
In this case, we recommend that you print out the detailed map that is available through each property listing or use a good topographical mapping software. If possible, we also strongly recommend the use of a GPS (Global Positioning System) to help you find the property location. Basic handheld GPS systems can be purchased inexpensively at any major electronics store. GPS devices can often be connected to a laptop or handheld device that runs any of the major mapping software and you will have a fully functioning multi-color interactive GPS system. In such a system, you can enter the Latitude/Longitude measurements provided by us for each property and it should be very easy to find the exact property location. This combination is useful for very large properties that are not located in a subdivision because the plat maps do not really show much of the surroundings and it would be easy to miss the property otherwise.
How do I understand the Parcel number system?
- Most counties in most states have a very explicit numbering system to identify an individual parcel and its location within the county. Those numbers in many cases also serve as identifiers for property tax collection purposes.
- For example, parcel number 0339-232-74 means that this property is mapped in the Assessor’s Book number 0339, on Page 23 (first two digits of second set of numbers), in section 232 (as indicated by an oval around 232 on the map), and it is parcel 74 on that page (as indicated by a small circle around 74). So, in order to find a property on a parcel map, just look for the last set of numbers on the parcel number within the proper section and find it on the parcel map we have attached to each property listing. For your convenience we have identified the parcel to be sold on each parcel map.
How does myLANDBARON.com acquire properties?
- We primarily purchase properties from private parties, and all are owned by Warranty Deeds. Once purchased, it is our goal to pass these lots along to you through our website at great terms. Basically we acquire quality properties and in turn offer them through this website at bargain prices to the ultimate property owner–YOU.
Are the mineral rights guaranteed for the properties?
- We make no guarantees concerning mineral rights or the lack thereof. If we are aware of the lack of mineral rights, disclosure will be made in the disclosure documents for each property. However, Buyers should do their own research to find out if the property has mineral rights or the lack thereof.
What GUARANTEES do you offer?
- We guarantee that the property is free and clear of any governmental or private liens or encumbrances other than recurring assessments or bonds. Basically we guarantee that at the point of ownership transfer from us to you, the property is free and clear and has marketable title.
Can I step back from the sale after I go through the purchase process?
- We are committed to following all statutory rules and laws of the state the property is located in. This means that for some properties there might be a right of rescission period of a few days (varies by state regulations). Please make sure you do your research and due diligence before you proceed to purchase one of the properties.
What fees are there in addition to the purchase price?
- Typical closing costs include an escrow fee, title insurance, and prorated property taxes. The Buyer and Seller will split escrow fees and the Buyer is responsible to pay for title insurance (if so desired). Property taxes will be prorated such that the Seller is responsible for property taxes up until the date escrow closes. We can give you a ballpark figure of the closing costs; however, the escrow company is responsible to provide us with this information.
- For owner-financed properties, a monthly loan servicing fee of $15.00 will be included in your monthly payment to cover the cost of maintaining the loan account by the loan-servicing agency.
What form of payment do you accept if I pay for the property in full?
- Since all property transactions are closed through a reputable escrow agency, escrow requires that funds be paid at close of escrow with a cashier’s check or through a wire transfer from your bank to their’s. Since we collect $500.00 of the purchase price to HOLD the property, the amount due at close of escrow will be reduced by this amount.
Can I make a larger down payment for an owner-financed purchase?
- Yes, giving a larger down payment amount is absolutely fine. Obviously this will reduce the amount of your monthly payment amount so just let us know what down payment you would like to make and we will prepare the loan documents accordingly. Our goal is to make payments affordable to fit your budget so we are happy to work with you. You can also make additional monthly payments without any form of pre-payment penalty or fee.
Do I need to qualify for financing or how does this work?
- No qualifying is necessary to receive a loan from us. Our mission is to make property ownership affordable for as many people as possible, therefore, no formal qualifications are required. It is very simple… you want to buy a piece of land and we want to sell it to you. That’s it. We do however perform a check against a database in order to see if you have an IRS lien against you. This would be the ONLY disqualifying reason for the simple reason that IRS liens attach themselves to the property like glue. Other than that we do not look at your credit at all and even bankruptcies are fine.
How long can I finance the property?
- The length of the loan (time to pay-off) depends on the purchase amount and down payment on the property. Typically we finance anyone from 0 – 5 yrs and our down payment guideline is between 20% – 50% of the purchase price. These are general guidelines; however, our goal is to find a payment that’s affordable for you to ensure that we receive on time payments:
Can I buy more than one property?
- Yes, you may buy multiple properties; however we reserve the right to restrict any buyer from entering into too many loan agreements. The individual limit varies.
Is there any penalty for paying off a property early?
- No. You can pay off your property at any time with no pre-payment penalty whatsoever. Just call our loan servicing company and they will let you know your pay-off amount.
What kind of contract will I be signing when purchasing land through myLANDBARON.com?
- When purchasing land from us we will both sign a standard Purchase Agreement for vacant land which lays out the terms of the transaction including the sale price and deposit amount, and other details common in such a document.
- And, in the case of a owner-financed purchase, you will sign a Note that contains the terms of the loan including the monthly payment and interest rate.
How do I understand land legal descriptions?
- Here’s a nice reference that explains what a Principal Meridian and a Baseline are, as well as what Townships, Ranges & Sections mean. Click Here. And, Here is a similar reference.
General Netishen Land Holdings Questions
Q. I have a loan with you, where do I send my payment?
A. Please sent your monthly loan payment to:
35 Beech Hill Road Exeter, NH 03833
Q. Who do I write the check to?
A. Netishen Land Holdings
Q. I received a tax bill from the county, what should I do?
A. If we service your loan, just send your tax bill to:
35 Beech Hill Road Exeter, NH 03833 and we will pay it.
Q. Are there any penalties for paying off my loan early?
A. There are NO penalties included, if you are paying your loan off early.
Q. How much are late fees?
A. Late fees are $25.00 per month.