0.48 acre lot in Woodleaf, NC. Owner financed.

Owner Finance

$28,500

Lot Size

0.48 acres

Parcel

8174036

GPS

35.754862, -80.574232

Deed Type

Owner financed contract to special warranty deed

Location

503 Lochshire Ln, Woodleaf, NC 27054

Come build your dream home! Bring your own builder. No time limit to build. This lot is located in a quiet Woodleaf subdivision. No HOA. Low county taxes. This lot is high and dry. New homes are being built around. Great investment opportunity.

Owner Finance Options:

5 years (8.5%), down payment $1,000 – monthly payment $564.20
7 years (8.5%), down payment $1,000 – monthly payment $435.50
10 years (8.5%), down payment $1,000 – monthly payment $340.96

Owner Finance Terms

$1.99 monthly processing fee apply to each invoice.

No pre-payment penalty.

Additional $500 deposit (for a total of $1,000) is due within 48 hours.

No credit check, everyone can buy it.

Property Taxes: $167.83 annually (pro-rated and added to a monthly bill)

Zoning: RA-3 Rural Agricultural-County. Single family residential, modular homes, manufactured homes and agricultural/livestock is allowed. Livestock allowed. No minimum size restrictions.

Road access: Paved road access

Utilities: Electricity available. Well and septic needed.

Legal Description: Lot 91, Section One of Covington Heights subdivision, Rowan County, NC

Deposit

$500.00

Pay Deposit

The deposit will be deducted from the full purchase price and recording fees covered by the company.

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FAQ

Questions buyers ask before they commit.

If you don't see yours here, call or text 678-708-6969.

Getting started

Can I buy land with no credit check?

Yes. We don't check credit history. Everyone qualifies — no application, no waiting for approval. You pick the property, put down a deposit, and you're in.

How much is the deposit?

Most properties require $500 down. Higher-value properties may require $1,000. The listing page always shows the exact deposit amount before you commit.

Is the deposit refundable?

Yes, within 24 hours. After that, the deposit is non-refundable because the property is pulled from the market and held exclusively for you.

When does my first monthly payment start?

You'll have at least 30 days between your down payment and your first monthly payment. You won't be paying both at the same time.

Is this like a rent-to-own model?

Similar idea. You make monthly payments toward ownership, and the deed transfers once the balance is paid in full. The difference: you're buying real property under a recorded land contract, not renting.

Is owner-financed land a safe way to buy property?

Yes, when the terms are clearly spelled out — and ours are. Read the agreement, understand the payment structure, and do your own due diligence on the property before buying. You can read verified buyer reviews on Trustpilot.

Still have a question?

Call or text 678-708-6969 · sales@rinaland.com

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