FREQUENTLY ASKED QUESTIONS ABOUT BUYING LAND IN NEW MEXICO

Do the properties have water?
Few of the properties we sell are located in areas that are served by city water. In these cases, water may be obtained by simply connecting to the water supply near the property line. In other cases, city water is not available, and it is necessary to drill a well. 

Do the properties have electricity and telephone service?
Many of the properties we sell are located in areas that have electricity at the property line. In some cases, the electricity is just across the street. We also sell remote acreage parcels which are several miles or more from power. In these cases, the cost to bring power to the property may be significant. Remember that many of the buyers who buy land from us don't plan to build on the land, for quite some time. In these cases, it makes sense to simply wait until you are ready to build yourself or sell to a developer. because by the time you're ready to build, one of your neighbors, developer, city or county may have paid to have the power brought much closer to your land, and it didn't cost you one red cent or as much.

Can I build a home on the land?
Most of the properties we sell are zoned residential, but some are not and you will need to check your zoning with the county planner prior to purchase to be sure you can build on the property you are interested in. You can build anytime you wish, but there is no time requirement to build. We never sell land which has a time requirement to build. Of course, you would need to obtain the proper building permits before you begin construction.

Is the land approved for a septic system?
Some of our lots, especially those on paved roads, and within the city limits, may have sewer service available in the street. But for most of the parcels we sell, there is no city sewer service available. In these cases, it will be necessary for you, the buyer, to have a septic system installed.  We have never sold a property (to our knowledge) which did not "perk" for a septic system. Septic systems typically start around $1,500. 

Is there a road to these properties?
You can drive to all of the properties we sell. Many of our properties have paved roads right to the property line. Most of the properties we sell have good dirt roads, which are accessible with most cars. A few of our parcels are located in remote areas, which may have poor dirt or gravel roads. In these cases, you can still drive to the property, but you may need a four-wheel-drive vehicle to get to the land.

Who owns the properties being sold By U.S.LANDQUEST?
All of the properties we sell belong to U.S.LANDQUEST, . We own all of the properties we sell. We do not sell land which belongs to other companies or other individuals. In addition, we do not sell land for other parties. All of the land we sell belongs to us. 

How does U.S. LANDQUEST buy its properties?
We buy land from many different sources, including private parties, auctions, banks, tax sales, and government sales. We only buy desirable, quality properties which we feel will satisfy the needs of our buyers. We buy properties that we can buy for a good value, and then we offer the properties to buyers at a fair price with simple, easy terms.

Can I buy more than one property?
Yes. We have had many buyers who purchased several properties at the same time.

What is owner financing?
Owner financing is the easiest way to buy property.  It is extremely simple. We own the land, and you would like to buy the land. We will sell the land to you, and all you need to do is pay a small down payment (20% of purchase price) and small monthly payments. We finance the land for you, so you don't need to qualify for a bank loan. You don't even need to fill out a loan application. Everyone qualifies!

Do I qualify to buy with owner financing?
Yes.  Everyone qualifies to buy with owner financing.  There is no loan application, no bank red tape.  All you do is pay the small down payment (20%) and pay the small monthly payments (up to 5 years).  It couldn't be easier!

Do I pay any kind of sales tax or real estate transfer tax when I buy land from U.S. LANDQUEST?
In states where a tax is required to be paid, we pay the tax for you. We want this to be an easy, simple transaction, with as little out-of-pocket for you as possible. 

Who pays the property taxes on the land I buy from U.S. LANDQUEST?
On most of the properties we sell, the property taxes are paid by you (this is factored in to your purchase price), up to the date on which you have paid in full and the deed is transferred in your name.

Is U.S. LANDQUEST a Realtor/Broker?
No. We are not Realtors or Brokers. Realtors and Brokers are people who sell real estate which belongs to others, and they earn a commission from the sale. We own all of the properties we sell. In addition, we sell directly to the public, thereby avoiding the Realtor's commission, allowing us to sell our properties for a lower price.

How do I qualify for financing?
There is No Loan Qualifying!! You just make the low initial down payment upon signing the “Land Contract” and continue to make your low monthly payments until paid in full. What could be easier? There are no credit checks and no banks, U.S. LANDQUEST is the bank.

Is there a pre-payment penalty if I pay off my land earlier than agreed?
No! U.S. LANDQUEST never has any penalties for paying off the land you purchased before the term is up. You can pay off your land any time on or before the agreed upon date.

What closing costs are involved in purchasing my land?
You pay no closing costs! U.S. LANDQUEST pays all transfer tax, recording fees and other closing fees related to your land purchase.

Are there any liens or encumbrances on the land that U.S. LANDQUEST sells?
No! U.S. LANDQUEST owns its land free and clear of all liens and encumbrances and guarantees a clear title when the deed is transferred and recorded in your name.

Who pays the property taxes on my land while I am making payments?
U.S. LANDQUEST will pay the property taxes on the land which you purchase.
The property taxes have been factored into the sale price of each lot purchased. Property taxes will be paid until the deed is recorded into your name.

Is there any sales tax or transfer tax?
No! U.S. LANDQUEST will cover the cost if there is any tax or transfer tax for the land you purchase.

What is my land zoned for?
Most of U.S. LANDQUESTS land is zoned residential, unless otherwise specified on the “Land Contract”. You will receive a “Restrictive Covenants” document regarding your particular lands zoning, conditions, covenants and restrictions. Covenants and Restrictions may change due to the county, city or state ordinances.
Please contact the county planner where property is located and give them either the APN # or the Lot, Block and Unit # for the particular property.

Do I need to visit the land before I purchase?
Although U.S. LANDQUEST recommends that you visit the location of your land prior to purchasing it, know that we have done a great deal of research on each of the selected areas that we are selling. The selected areas we have chosen are and will be great investments for the future and are the best value for the money hands down. There is no more land being built!

Does my property have road access?
Most properties we sell have road access; they have good dirt or gravel roads that make accessing the property very easy.

Does U.S. LANDQUEST hold land in its portfolio?
Yes! U.S. LANDQUEST keeps a sizeable portion of its land purchases for its own investment portfolio. We strongly feel this is a sound investment vehicle to add to our portfolio as well as your investment portfolio.
There is no more land being built!

When I have paid U.S LANDQUEST in full, and the deed is transferred and recorded in my name, what should I do with my land?
Congratulations! You can hold and let your land appreciate, sell to a developer or private investor, leverage your land for another investment and of course build on it.

How do I get my land today?
Simple, just call U.S. LANDQUEST and schedule an appointment. We will do the rest. It is never too late to start investing in land for you and your family’s future.

Does U.S. LANDQUEST give referral benefits?
Yes! U.S. LANDQUEST gives its existing clients a referral benefit of One-Hundred dollars ($100.) per lot for referring new clients which successfully purchase land from us. Example 1 lot =$100.00 2 lots = $200.00 4 lots = $400.00
And so on. Not only do you give your family, friend or co-worker sound investment advice, you also make a few dollars to reinvest or for whatever you see fit. Terms and conditions apply.

More Questions?
Please email us at sales@uslandquest.com or call us at
(949) 218-3500, we’re here to answer your questions. Thank You!