3 Acres of Land For Sale in Colorado (Lake County)

Documents

Disclosure Statement

Debrosland, its managers, employees and all other affiliates do lengthy research on all properties prior to listing them, in all cases we have not seen the property. All prospective buyers are encouraged to conduct their own due diligence to verify the information provided is accurate and contact the county to confirm that whatever plans you as the buyer have for the property in question are in fact legal, feasible and permitted to your satisfaction. We make no warranties or representations about the land, its condition, or what can be done with the property. Due diligence is encouraged but is the buyer’s responsibility and all sales are final. If you visit any of our properties, you are visiting at your own risk and release our company and all it's managers, employees and other affiliates from any and all claims or liabilities. To see a full list of our disclosure statement and other notices please visit our Terms & Conditions.

🔑 Land Buying Process Overview

At Debrosland, our goal is to make the process of acquiring property simple, secure, and transparent, regardless of your purchasing method. Whether you are ready for a cash purchase or seeking the flexibility of Rent-to-Own, we have structured processes in place to guide you every step of the way toward owning your piece of the American dream. If you have any questions, please contact us at: (970) 829-8580 or howdy@debrosland.com!

💰Cash Process

The process for a cash purchase is straightforward and secure. We handle the initial steps and rely on a trusted real estate attorney or title company to ensure a smooth closing:
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1️⃣ Purchase Agreement: We will send you a Purchase Agreement. Once signed by both parties, we forward it to the real estate attorney or title company for processing.
2️⃣ Escrow and Handling: The real estate attorney or title company will act as the escrow agent, handling all funds involved in the transaction and facilitating the closing.
3️⃣ Closing and Documents: Once all required documentation is finalized and in order, the real estate attorney or title company will proceed with the closing. The final closing packet will contain key documents ensuring your ownership is protected and transparent. Here are the three most important documents included in your closing packet: A) Deed: This is the document recorded with the County to officially establish you as the new property owner. B) Title Insurance: This is a crucial document that protects you against title issues such as fraud, clerical errors, or undiscovered encumbrances. It offers you the same protection we require when we acquire property. C) Settlement Statement: This provides a full, transparent breakdown of all transaction fees, along with the funds you have sent.

💳 Rent-To-Own Process

The Rent-to-Own program provides the ultimate flexibility, allowing you to claim your land immediately and begin enjoying the benefits of property ownership while securing your investment over the contract term. This is a powerful step toward fulfilling your American dream without the immediate pressure of a full cash transaction.The journey to ownership is structured and transparent:

1️⃣ Purchase Agreement & Down Payment: We begin with a Purchase Agreement to secure the property and establish the final purchase price and timeline. This step requires a down payment on the contract.
2️⃣  Rent-to-Own Agreement: Next, you will sign a Rent-to-Own Agreement (sometimes referred to as a Land Installment Contract). This document outlines your fixed monthly payment schedule, the duration of the agreement, and the specific terms for successful completion. Important Note: The terms of our agreement will stipulate that building a permanent residence or establishing permanent living on the property is not permitted while the property is being financed.
3️⃣ Monthly Payments: You will make consistent monthly payments as stipulated in the agreements signed. A portion of each payment goes toward the equity of the land.
4️⃣ Successful Completion: Upon successful completion of the agreed-upon payment schedule, the contract is fulfilled.
5️⃣ Title Closing: At this point, we initiate the final closing process, which mirrors the secure process of a cash sale. The property title is transferred to you, handled by a real estate attorney or title company acting as the escrow agent, and includes the necessary closing documents (Deed, Title Insurance, and Settlement Statement).