Global Land Source

FAQ's

1. Do you own all of the properties that you sell?
2. How do you acquire your properties?
3. Are there any liens on the properties?
4. Should I inspect the property prior to purchasing?
5. What if I don't have time to look at the property prior to the end of sale?
6. If I buy something, do I need to pay the entire purchase price at the completion of sale?
7. What if I buy a property and I find out that it's not what I want?
8. Can I pay off the total amount early?
9. Is financing available? Do I qualify?
10. When do I obtain a deed to my property?
11. Can I build a house on this land? Is there a time limit?
12. What are the closing costs?
13. How many square feet are in an acre?
14. How big is an acre in metric measure?

Q. Do you own all of the properties that you sell?
A. We own 100 percent of everything that we sell.

Q. How do you acquire your properties?
A. We acquire properties from many different sources, such as private parties, foreclosures, government tax sales, etc. We also buy in bulk at prices far below retail and, therefore, this allows us to extend those savings to the buyer.

Q. Are there any liens on the properties?
A. No. We guarantee free and clear title on all of the properties we sell.

Q. Should I inspect the property prior to purchasing?
A. Although we make an effort to see as many of our properties as possible and give you the most accurate photos and/or description, however, we encourage the buyer to inspect the property if possible.

Q. What if I don't have time to look at the property prior to the end of sale?
A. You should consider all facts and decide if you want to buy it. Global Land Source puts forth all the possible effort to ensure the accuracy of the description to instill trust in all of our transactions.

Q. If I buy something, do I need to pay the entire purchase price at the completion of sale?
A. That depends on the conditions for the particular lot(s) being sold. Some lots are offered for cash only but majority can be bought with a downpayment only. The buyer must read the conditions of the sale on the property being sold.

Q. What if I buy a property and I find out that it's not what I want?
A. Once the sale has been completed there will be no refunds. That is why it is very important to gather all the facts about the property and decide if that is something you want to buy.

Q. Can I pay off the total amount early?
A. Yes. The buyer can pay off the total amount at any time during the payment cycle without any penalties.

Q. Is financing available? Do I qualify?
A. It is responsibility of the buyer to have sufficient funds available to complete a transaction. Global Land Source does not offer financing, however, most properties can be bought with a downpayment only.

Q. When do I obtain a deed to my property?
A. Deed to the property will be obtained from 30 to 90 days after paying off the property.

Q. Can I build a house on this land? Is there a time limit?
A. Most of the land offered by Global Land Source is residential property where you may build a home unless otherwise noted. However, we do offer some commercial property. Look at property information of particular lot(s) being sold for time limit on building.

Q. What are the closing costs?
A. All transactions are subject to $150 processing fee which includes all paperwork preparation as well as gathering and organizing property information. This fee is usually much higher ($500 and up) if done through a title company.

Q. How many square feet are in an acre?
A. 1 acre = 43,560 sq. ft.

Q. How big is an acre in metric measure?
A. 1 acre = 4,033 m2

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