No bank approval. No lengthy application. No excessive fees. If you want to buy land in Palm Bay, Florida, owner financing may be the simplest path to ownership — and we've been offering it since 2003.
What Is Owner Financing?
Owner financing (also called seller financing or a land contract) is an alternative to traditional bank mortgages. Instead of borrowing from a bank, you make payments directly to the property seller. The seller acts as the lender.
For vacant land purchases, owner financing is often the only practical option. Banks rarely lend on raw land, and when they do, they require high down payments and other fees. Owner financing bypasses all of that.
Browse our available lots to find one that fits your budget
How Our Owner Financing Works
Here's the step-by-step process when you buy land from us with owner financing:
Step 1: Choose Your Lot
Browse our inventory and find a lot that fits your needs and budget.
Step 2: Pay Your Down Payment
Minimum 25% down for an option contract, or 35% down to receive the deed immediately. Visit our financing terms page for full details.
Step 3: Sign the Contract
You'll receive an option contract that secures your right to the property and outlines payment terms.
Step 4: Make Monthly Payments
Pay your agreed monthly amount until you've paid 35% of the total purchase price. At that point, the deed transfers to your name.
Step 5: Receive Your Deed
Once 35% is paid, you get the deed. Continue making payments until the lot is paid in full. You can also pay off early with no prepayment penalty.
Sample Owner Financing Terms (Option Contract)
Here's an example with a $41,000 lot using our option contract model. See our financing terms page for complete details.
| Purchase Price | $41,000 |
| Down Payment (25% min) | $10,250 |
| Amount Financed | $30,750 |
| Interest Rate | 10% APR |
| Term | 120 months (10 years) |
| Monthly Payment | $406.52 |
| Deed Transfer Point | After 35% paid ($14,350) |
Our Lot Protection Guarantee
Buy with confidence. If there's ever an issue with a lot you purchase from us — whether it's a buildability problem or something unexpected — you can exchange it for another lot in our inventory. As long as it's the same price category and same size, you pay nothing except the deed transfer fee, even if market values have increased.
We've seen buyers who purchased land elsewhere get stuck with problem lots they couldn't build on or had to spend money to fix. With us, you're protected.
Benefits of Owner Financing
Personal Approval Process — We look at you as an individual, not just a credit score. We pull credit and review it (unless you have a recent report), but we listen to life events that may have caused past issues. You'll only be disqualified if you have a habit of not paying your obligations.
Skip the Bank Hassle — No high down payments, no excessive fees, no lengthy approval process.
Faster Closing — Close in 2-3 weeks, not 45-60 days. No excessive fees, and in most cases, we provide same-day approval — not weeks waiting for a decision.
No Prepayment Penalty — Pay it off early anytime.
Who Uses Owner Financing?
Owner financing isn't just for people with credit problems. Our buyers include:
- Self-employed individuals who have income but irregular documentation
- New immigrants without established U.S. credit history
- Investors who prefer not to tie up bank credit lines
- Retirees on fixed income who don't want to deplete savings
- First-time buyers who want to build credit through on-time payments
See available lots and get started today
Is Owner Financing Right for You?
Owner financing is ideal if you want to buy land but don't have (or don't want to use) traditional bank financing. It's a legitimate, widely-used method for land purchases throughout Florida and beyond.
One thing we do differently: Many sellers who offer owner financing use a contract for deed that keeps the deed in the seller's name for the entire loan term. We do it differently — we transfer the deed to you at 35% paid. With our option contract, this typically takes about a year if you make minimum payments, or shorter if you make additional principal payments.
The key is working with a reputable seller who offers transparent terms and has a track record of successful transactions. I've been doing this since 2003 — call me to discuss your situation.
Ready to Buy Land in Palm Bay?
Browse our current inventory of owner-financed lots throughout Palm Bay and Brevard County. Lots start at $41,000 with 25% down.
Browse Available Lots | View Current Listings | Contact Vahid Directly
Or call/text: 321-333-7230
