How to Buy Land

Simple and Safe Purchasing Process, Making it Easy for You to Own Land!

At Compass Land USA, we keep the process quick and simple, making it easy for you to own land.

There are 2 different paths you can go down in terms of operations, and 2 paths you can choose from when it comes to submitting payment. This gives you a total of 4 different outcomes: direct cash, direct financing, title cash, and title financing.

Direct Cash

This means you will close directly with us, and you will submit the full cash balance at closing.

1. Submit the deposit through the website (applies against your purchase price).
2. We send you a sale agreement.
3. Once signed, we will prepare and notarize your deed.
   
4. When the deed is notarized and ready for recording, we will send you a proof of it and request payment of the remaining balance.
5. Once paid, we will record the deed and send it to you for your records.

Direct Financing

This means you will close directly with us, and we will finance the property for you. When you finance with us, there are No credit checks, No proof of income, and everyone qualifies with sufficient down payment. You can customize your own monthly payment to fit your personalized budget.

1. Submit the deposit through the website (applies against your purchase price).
2. We send you a land contract and promissory note.
   
3. Once signed, we will process the remainder of your down payment.
   
4. We will set you up for automatic monthly payments using our processor GeekPay.
5. Once the monthly payments are complete, we will record the deed and send it to you for your records.

Title Cash

This means that a title company will facilitate the closing, at which point you will submit the full cash balance.

1. Submit the deposit through the website (applies against your purchase price).
2. We send you a sale agreement.
3. Once signed, we will forward to the title company.
   
4. The title company will correspond with you and send you closing documents for signing.
5. Send your final balance to the title company using their instructions.
6. The title company will close the transaction and send you your recorded deed.

Title Financing

This means that a title company will facilitate the closing, and we will finance the property for you.

1. Submit the deposit through the website (applies against your purchase price).
2. We send you a sale agreement.
   
3. Once signed, we will forward to the title company.
4. The title company will correspond with you and send you closing documents for signing.
5. Send your remaining down payment to the title company using their instructions.
6. The title company will close the transaction and send you the recorded deed and deed of trust (which is the lien against the property).
7. We will set you up for automatic monthly payments until the property is paid off. At this point, the deed of trust will be removed.

If you choose a direct closing: It’s faster and simpler. We at Compass Land USA will cover closing costs and recording fees.

If you choose a title closing: You get title insurance. There is a third party escrow. For financing, you get the deed immediately and can start living on the property. We will cover title insurance, escrow, and closing costs.

We generally recommend closing through a title company. It gives us as the seller and you as the buyer peace of mind to know that a 3rd party is involved to help verify the transaction and disperse funds.

We are transparent about our processes here, and we hope it helps you realize that it’s never been easier for you to own land!

Have Questions About How to Buy Land? Call Us!

(313) 349-0434