Why is the deposit nonrefundable?
This wasn’t an easy choice to make the deposits nonrefundable. We have had one too many unserious buyers put deposits down, string us along that they were going to close, never end up completing the purchase and then demanding their deposit back after weeks have passed. We have lost out providing serious buyers with a good deal because the property was gummed up and in limbo. Before you put the deposit down, make sure you have the funds available and you have completed any and all due diligence. Call Christian anytime at 216-249-7273 if you have questions. He is always happy to help make sure the property you’re interested in is a good fit for you before you move forward with purchasing.
How does the transaction work after I place a deposit?
Once you place the nonrefundable deposit, we are instantly notified and the property is marked “out of stock” automatically. No one else can place a deposit as the property is reserved for you. Within 24 hours, we will send a purchase agreement and deed instructions form to the email you provided for your signature. The deed instructions form gathers information on how you wish to take title to the property. If you wish to close through a title company, this expense is covered by you unless otherwise discussed. Once the purchase agreement and deed instructions form are signed and returned, we will need to collect the remaining balance owed. If you are paying in full and closing through JM Land Sales, acceptable forms of payment for the remaining balance are cashier’s checks and wires. If you wish to pay the balance with a credit/debit card, a 3% processing fee is added to the remaining balance. If you are having JM Land Sales finance the property, the only acceptable forms of payment are credit/debit card and ACH. PLEASE NOTE: when closing through JM Land Sales, there is a $100 document fee in addition to the property price. This $100 fee covers everything needed to get the property transferred into your name including: creation of the deed and related closing documents and recording fees. Once payment has cleared with our bank, within 24 hours we will have the new deed and related documents transferring the property to you signed, notarized and submitted for recording via simplifile.com. Once recorded, we will email you a copy of the deed and mail you a physical one as well. The property is officially yours.
Why are your properties so inexpensive?
Our company reviews dozens of properties for every one we buy. We are capable of doing this because of the unique forms of marketing we use to source high quality property at deeply discounted prices.
Can I visit the property before I purchase it?
Absolutely! Please CONTACT us if you plan to visit a property.
Is it safe to buy property on the internet?
Yes, as long as you trust who/where you are buying it from. JMlandsales.com puts customer satisfaction above everything else. We are a safe and secure full time real estate company. You can place a nonrefundable deposit to secure the property directly on our website. Once placed, no one else can purchase the property. We use PayPal, a well known online payments processor to collect the deposit.
When can I start using the property after I buy it?
As soon as our company signs the deed to you and you receive the new deed or the county records the deed in your name.
How do I know the property information is correct?
Buyer beware – We strongly encourage all potential buyers to verify property details and do their own due diligence prior to purchasing. This information can easily be obtained from county offices such as the treasurer, clerk & recorder, building department/ code enforcer, assessor, etc. All the information we have on each property is in our listings. Please take the time to verify before purchasing.
I don’t see my question answered here?
We would love to hear from you and answer your questions. Find our contact information on the CONTACT page.