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Please read all Terms & Conditions as they are not negotiable. No refunds will be given for any reason unless fault of Seller shall occur. Upon purchase of a property, Buyer agrees to all terms and conditions. Buyer is responsible to do their own due diligence on the property. Due diligence should include, but is not limited to, physical inspection of the property, research of the property, and checking county and state requirements to make sure the parcel being purchased is suited for Buyers’ personal intended use. All property is sold “AS IS” with any and all faults. All information contained on this website was obtained from sources that are presumed to be reliable and accurate to the best of Sellers knowledge. Seller, however, makes no guarantee, expressed or implied, as to the exact location, present condition, accessibility, terrain, build ability or contained on this website. Buyer should not proceed with a purchase if the buyer is unsure of anything or until every objection has been resolved. If Buyer is unable or does not intend to complete the transaction in every way, then Buyer should not proceed with any purchase. When Buyer sends Earnest Money and/or processing fees, Buyer has agreed to Terms and Conditions. Seller is responsible to make sure that all past fees, taxes, POA, and HOA dues will be paid prior to selling the property. Buyer will take full responsibility of all taxes/fees, upon purchase of property unless agreed upon otherwise with Seller. The Buyer hereby releases the Seller from any and all claims, with regards to the property. Buyer agrees that, upon transfer of title, Buyer shall conclusively be deemed to have released Seller from all responsibility regarding the valuation and condition of the property, and shall conclusively be deemed to have accepted the property and every portion of it in its then existing condition, “as is, where is” without warranty of any kind except those made by Seller herein and with all faults and problems of any kind and nature whatsoever that may then exist, whether the faults or problems are of a legal nature, a physical nature, a contractual nature, an economic nature or otherwise. Pictures contained in this listing are in some cases not of the exact lot but are representative of the area. All reasonable offers will be accepted for review and taken into consideration. We reserve the right to refuse service to anyone.
How A Transaction is Handled
1. Choose the property that best suits your interests.
2. Contact us for further information through our Contact Us page.
3. We will then contact you within a timely manner.
4. Once a Payment Option has been selected, all required paperwork will be sent to you. Paperwork preparation normally is processed within 2-3 business days.
5. Whether if you will be financing or purchasing with a one-time payment, once the property will be paid off in full, a Deed will be transferred onto your requested information. It normally takes the County 3-5 weeks to record and mail back the Deed to you.
6. A final package will be mailed to you, which will include a copy of the deed along with property information.
Note: Ernest Money Deposit/Processing Fee is not refundable. We require a one time, non refundable, processing fee of $175 per every deed preparation.
Terminology
Seller. Silver Discount Properties, LLC also known as Grantor
Buyer. Any individual and/or entity that is interested in or in the process of purchasing land also known as Grantee.
As is. Refers to a property sold without guarantees of any kind. The buyer is solely responsible for the property, as long as no fraud has been committed by the seller.
Assessed Value. The value of a property for tax purposes as determined by the County Tax Collector.
Deed. A legal instrument which, when properly executed and delivered, conveys title to real property.
Default. Failure to make payments as agreed in a contract or deed of trust.
Down Payment. The portion of the purchase price, paid by buyer (borrower) in cash.
Due Diligence. The process of investigation, performed by the buyer, into the details of a potential investment, such as an examinations and verifications.
Earnest Money. A “good faith” deposit given to the seller by a potential buyer to secure the sale. If the sale is completed, the earnest money is applied against the down payment. If not, the deposit may or may not be refunded, according to the terms of the sales contract.
Encumbrance. Anything that affects or limits good or clear title and diminishes the land’s value, such as zoning ordinances, easement rights, claims, mortgages, liens, charges, pending legal action, and unpaid taxes.
General Warranty Deed. A deed that transfers title and guarantees that the title is free of all encumbrances.
Installment Contract. (Purchase Agreement) A contract where the seller finances the purchase and receives installment payments from the buyer.
Legal Description. A proper and formal description of a parcel of real estate that is recognized by law.
Maintenance Fee. A fee paid monthly/yearly by property owners of a specific community of where the property is located.
Note. A legal agreement where the signer promises to pay a definite sum of money at a specified date. The note may be secured by a deed of trust. Also known as a Promissory Note.
Plat. A drawing of a lot, subdivision, or community by a surveyor, which shows boundary lines, buildings, improvements, and easements.
Processing Fee. A non refundable fee charged by the Seller for processing all paperwork/applications.
Property Tax. A tax levied on real estate, based on the purchase price or the value of the property.
Purchase and Sale Agreement. A contract between the buyer and seller specifying the terms and conditions for a sale of real property.
Quitclaim Deed. A deed that transfers title of interest, but offers no warrantees regarding the quality of the title or interest.
Reconveyance. A written document that transfers title to real property from the seller to the owner upon full payment of a deed of trust.
Special Warranty Deed. A deed that warrants the title against defects or claims. The seller promises to defend the title against any claims files by or through the seller’s heirs.
Survey. A map made by a licensed surveyor that shows a lot’s legal boundaries, improvements, topography, and relationship to surrounding tracts of land.