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Another way to find land for sale is to simply drive around your desired area and look for for-sale signs, or drive over to a local real estate office to check the listings in the window.
When used in the context of residential real estate, it is also called "bond-for-title" or "owner financing." [ 1 ] Usually, the purchaser will make some sort of down payment to the seller, and then make installment payments (usually on a monthly basis) over a specified time, at an agreed-upon interest rate , until the loan is fully repaid.
For example, if a buyer pays a $2,000 down payment and borrows $8,000 for a $10,000 parcel of land, and pays off in installments another $4,000 of this loan (not including interest), the buyer has $6,000 of equity in the land (which is 60% of the equitable title), but the seller holds legal title to the land as recorded in documentation in a ...
Blanket loans are popular with builders and developers who buy large tracts of land, then subdivide them to create many individual parcels to be gradually sold one at a time. Rather than securing a new mortgage each time a portion of the development is sold, the borrower uses the blanket loan to buy them all. Once a parcel is sold, a portion of ...
Located in Leipers Fork, TN, there are two entrances, which includes 50 acres of “pasture and wildlife food plots,” the home listing reads. “Miles Justin Timberlake Sells Sprawling 127-Acre ...
According to the U.S. Census Bureau, the county has a total area of 706 square miles (1,830 km 2), of which 705 square miles (1,830 km 2) is land and 1.5 square miles (3.9 km 2) (0.2%) is water. [7] It is the third-largest county in Tennessee by area. The county is, roughly, the same size as Marshall County, Mississippi.
The land occupied by the county was part of a land cession obtained from the Cherokee and Chickasaw in 1806. [ 1 ] The Lincoln County Process , used in the distillation of Tennessee whiskey , is named for this county, as the Jack Daniel Distillery was originally located there.
The Land Trust for Tennessee is a non-profit conservation organization working to protect Tennessee's natural, scenic, and historic landscapes and sites. [1] Since 1999, The Land Trust has conserved more than 135,000 acres (550 km 2) of land across 65-plus Tennessee counties. [2] [3]