Based out of Tehachapi, CA, GovernmentAuction.com offers incredible deals for prospective property buyers in selected areas in the US. It was established over a decade ago as a clearinghouse for all unimproved land and has grown to be the biggest and the most renowned government surplus land auction firm. With over 24,000 properties sold, they have established an enviable credibility and track record in the online property auction field as a leading auction site.

Speaking about what happens if a client wins in the financed sale, the Senior Consultant at GovernmnetAuction.com explained, “Your bid will serve as the down payment, and will be deducted from the whole cost of the land. We also provide an assumable monthly financing at 8.5% interest. Our friendly team will email you the instruction for payments and a form to offer us the vesting information. Immediately we get your payment; we’ll process the land contract and all the paperwork and forward them to you; the process takes about 14 days,”

When buying small acreage or rural land for sale from these experts, one needs to participate in an auction for the lowest price. And like all auctions, the highest bidder attains all the rights to buy the land. Those with winning bids have two options to pay for the land; one is by financing the sale, and making monthly installments until the balance is cleared, or by paying the whole amount at once. All the types of transactions are stated in the auction description. Besides, some small acreage is provided for immediate purchase at subsidized, reserved rates, commonly referred to as Buy It Now auction, once someone bids for this pre-determined price, the sale immediately comes to an end. These types of purchases can be paid in a one-off payment or be financed.

Experts recommend that clients looking to buy government land for sale online should take the time to conduct some research on the property up front. Important factors like power, roads, water, location, sewer or septic, taxes, dues, parcel size, roads, time to build, zoning, terrain, and taxes, should be key in determining whether or not the place is suitable. The listings at GovernmnetAuction.com often contain some, if not all of this information. Clients have the option of using the APN to contact the office of the county assessor and get more information concerning the land.

The Senior Consultant further stated, “If you win with the single payment sale, your bid, in addition to a 15% buyer’s premium is the whole cost you’ll incur for the land. You can either mail or electronically send your lump sum, vesting information and processing fee to us within five business days. In all the wins, we ensure to deliver and track your documents through reputable shipping companies. The package comprises a free and clear title, property deed as well as the information on how you’ll record the property.

About GovernmnetAuction.com

They are one of the leading online auction sites in the US. Prospective buyers looking into how to buy land at an affordable price can check out GovernmentAuction.com.