The Process For Purchasing Land From Mile High Rural Land (What to Expect)
The Purchasing Process:
- Select the property that is right for you.
- Select View “Monthly Payment Price” if you need seller financing or select “View Discounted Cash Price” to pay cash using your credit card. *We accept most major credit cards.
- Click on the “Pay Now” button.
- Based upon your selection, a summary of the transaction will be displayed explaining the various costs:
Cash Sale Options:
- Check out and pay the Deposit/Doc Fee using your credit/debit card. Then we will send you an invoice for the balance to pay the balance via the following methods:
- ACH or Wire Transfer: Within 24 hours (M-F) of receiving your deposit, we will email you an invoice for the balance. You can click on the payment button and pay via ACH payment or wire transfer from a checking or savings account. You will receive confirmation of payment immediately via email and Mile High Rural Land will electronically record the deed on your behalf within one week and email you the confirmation of recording.
- Title Company Close: If you prefer title insurance, we will select a title company to close with. They will be sent the purchase agreement and will handle the entire transaction. No one needs to be present for closing. The Title company will send out packets in the mail for signatures and arrange payment with you. The Title Company will record the deed on your behalf.
Terms Sale Options:
- Check out and pay the down payment & doc prep fee using a credit card.
- Within 48 hours, you will be sent a “Terms Package” contract providing details of the loan. This is sent via email via Sign Now for digital signature.
- Once signed, our staff will set up your loan inside our loan management portal and email you a link or call you to complete the set up. This is where your bank account information will be set up for automatic monthly ACH payments.
- You can select the day of the month that you want your payment to come out. You can also login any time and make extra payments. There are never any prepayment penalties.
TERMS OF SERVICE
This website is operated by Mile High Rural Land. Throughout the site, the terms “we”, “us” and “our” refer to Mile High Rural Land. Mile High Rural offers this website, including all information, tools and services available from this site to you, the user, conditioned upon your acceptance of all terms, conditions, policies and notices stated here.
By visiting our site and/ or purchasing something from us, you engage in our “Service” and agree to be bound by the following terms and conditions (“Terms of Service”, “Terms”), including those additional terms and conditions and policies referenced herein and/or available by hyperlink. These Terms of Service apply to all users of the site, including without limitation users who are browsers, vendors, customers, merchants, and/ or contributors of content.
Please read these Terms of Service carefully before accessing or using our website. By accessing or using any part of the site, you agree to be bound by these Terms of Service. If you do not agree to all the terms and conditions of this agreement, then you may not access the website or use any services. If these Terms of Service are considered an offer, acceptance is expressly limited to these Terms of Service.
Any new features or tools which are added to the current store shall also be subject to the Terms of Service. You can review the most current version of the Terms of Service at any time on this page. We reserve the right to update, change or replace any part of these Terms of Service by posting updates and/or changes to our website. It is your responsibility to check this page periodically for changes. Your continued use of or access to the website following the posting of any changes constitutes acceptance of those changes.
SECTION 1 — ONLINE STORE TERMS
By agreeing to these Terms of Service, you represent that you are at least the age of majority in your state or province of residence, or that you are the age of majority in your state or province of residence and you have given us your consent to allow any of your minor dependents to use this site.
You may not use our products for any illegal or unauthorized purpose nor may you, in the use of the Service, violate any laws in your jurisdiction (including but not limited to copyright laws).
You must not transmit any worms or viruses or any code of a destructive nature.
A breach or violation of any of the Terms will result in an immediate termination of your Services.
SECTION 2 — GENERAL CONDITIONS
We reserve the right to refuse service to anyone for any reason at any time.
You understand that your content (not including credit card information), may be transferred unencrypted and involve (a) transmissions over various networks; and (b) changes to conform and adapt to technical requirements of connecting networks or devices. Credit card information is always encrypted during transfer over networks.
You agree not to reproduce, duplicate, copy, sell, resell or exploit any portion of the Service, use of the Service, or access to the Service or any contact on the website through which the service is provided, without express written permission by us.
The headings used in this agreement are included for convenience only and will not limit or otherwise affect these Terms.
SECTION 3 — ACCURACY, COMPLETENESS AND TIMELINESS OF INFORMATION
We are not responsible if information made available on this site is not accurate, complete or current. The material on this site is provided for general information only and should not be relied upon or used as the sole basis for making decisions without consulting primary, more accurate, more complete or more timely sources of information. Any reliance on the material on this site is at your own risk.
This site may contain certain historical information. Historical information, necessarily, is not current and is provided for your reference only. We reserve the right to modify the contents of this site at any time, but we have no obligation to update any information on our site. You agree that it is your responsibility to monitor changes to our site.
SECTION 4 — MODIFICATIONS TO THE SERVICE AND PRICES
Prices for our products are subject to change without notice.
We reserve the right at any time to modify or discontinue the Service (or any part or content thereof) without notice at any time.
We shall not be liable to you or to any third-party for any modification, price change, suspension or discontinuance of the Service.
SECTION 5 — PRODUCTS OR SERVICES (if applicable)
Certain products or services may be available exclusively online through the website. These products or services may have limited quantities and are subject to return or exchange only according to our Return Policy.
We have made every effort to display as accurately as possible the colors and images of our products that appear at the store. We cannot guarantee that your computer monitor’s display of any color will be accurate.
We reserve the right, but are not obligated, to limit the sales of our products or Services to any person, geographic region or jurisdiction. We may exercise this right on a case-by-case basis. We reserve the right to limit the quantities of any products or services that we offer. All descriptions of products or product pricing are subject to change at anytime without notice, at the sole discretion of us. We reserve the right to discontinue any product at any time. Any offer for any product or service made on this site is void where prohibited.
We do not warrant that the quality of any products, services, information, or other material purchased or obtained by you will meet your expectations, or that any errors in the Service will be corrected.
SECTION 6 — ACCURACY OF BILLING AND ACCOUNT INFORMATION
We reserve the right to refuse any order you place with us. We may, in our sole discretion, limit or cancel quantities purchased per person, per household or per order. These restrictions may include orders placed by or under the same customer account, the same credit card, and/or orders that use the same billing and/or shipping address. In the event that we make a change to or cancel an order, we may attempt to notify you by contacting the e-mail and/or billing address/phone number provided at the time the order was made. We reserve the right to limit or prohibit orders that, in our sole judgment, appear to be placed by dealers, resellers or distributors.
You agree to provide current, complete and accurate purchase and account information for all purchases made at our store. You agree to promptly update your account and other information, including your email address and credit card numbers and expiration dates, so that we can complete your transactions and contact you as needed.
For more detail, please review our Returns Policy.
SECTION 7 — OPTIONAL TOOLS
We may provide you with access to third-party tools over which we neither monitor nor have any control nor input.
You acknowledge and agree that we provide access to such tools ”as is” and “as available” without any warranties, representations or conditions of any kind and without any endorsement. We shall have no liability whatsoever arising from or relating to your use of optional third-party tools.
Any use by you of optional tools offered through the site is entirely at your own risk and discretion and you should ensure that you are familiar with and approve of the terms on which tools are provided by the relevant third-party provider(s).
We may also, in the future, offer new services and/or features through the website (including, the release of new tools and resources). Such new features and/or services shall also be subject to these Terms of Service.
SECTION 8 — THIRD-PARTY LINKS
Certain content, products and services available via our Service may include materials from third-parties.
Third-party links on this site may direct you to third-party websites that are not affiliated with us. We are not responsible for examining or evaluating the content or accuracy and we do not warrant and will not have any liability or responsibility for any third-party materials or websites, or for any other materials, products, or services of third-parties.
We are not liable for any harm or damages related to the purchase or use of goods, services, resources, content, or any other transactions made in connection with any third-party websites. Please review carefully the third-party’s policies and practices and make sure you understand them before you engage in any transaction. Complaints, claims, concerns, or questions regarding third-party products should be directed to the third-party.
SECTION 9 — USER COMMENTS, FEEDBACK AND OTHER SUBMISSIONS
If, at our request, you send certain specific submissions (for example contest entries) or without a request from us you send creative ideas, suggestions, proposals, plans, or other materials, whether online, by email, by postal mail, or otherwise (collectively, ‘comments’), you agree that we may, at any time, without restriction, edit, copy, publish, distribute, translate and otherwise use in any medium any comments that you forward to us. We are and shall be under no obligation (1) to maintain any comments in confidence; (2) to pay compensation for any comments; or (3) to respond to any comments.
We may, but have no obligation to, monitor, edit or remove content that we determine in our sole discretion are unlawful, offensive, threatening, libelous, defamatory, pornographic, obscene or otherwise objectionable or violates any party’s intellectual property or these Terms of Service.
You agree that your comments will not violate any right of any third-party, including copyright, trademark, privacy, personality or other personal or proprietary right. You further agree that your comments will not contain libelous or otherwise unlawful, abusive or obscene material, or contain any computer virus or other malware that could in any way affect the operation of the Service or any related website. You may not use a false e-mail address, pretend to be someone other than yourself, or otherwise mislead us or third-parties as to the origin of any comments. You are solely responsible for any comments you make and their accuracy. We take no responsibility and assume no liability for any comments posted by you or any third-party.
SECTION 10 — PERSONAL INFORMATION
SECTION 11 — ERRORS, INACCURACIES AND OMISSIONS
Occasionally there may be information on our site or in the Service that contains typographical errors, inaccuracies or omissions that may relate to product descriptions, pricing, promotions, offers, product shipping charges, transit times and availability. We reserve the right to correct any errors, inaccuracies or omissions, and to change or update information or cancel orders if any information in the Service or on any related website is inaccurate at any time without prior notice (including after you have submitted your order).
We undertake no obligation to update, amend or clarify information in the Service or on any related website, including without limitation, pricing information, except as required by law. No specified update or refresh date applied in the Service or on any related website, should be taken to indicate that all information in the Service or on any related website has been modified or updated.
SECTION 12 — PROHIBITED USES
In addition to other prohibitions as set forth in the Terms of Service, you are prohibited from using the site or its content: (a) for any unlawful purpose; (b) to solicit others to perform or participate in any unlawful acts; (c) to violate any international, federal, provincial or state regulations, rules, laws, or local ordinances; (d) to infringe upon or violate our intellectual property rights or the intellectual property rights of others; (e) to harass, abuse, insult, harm, defame, slander, disparage, intimidate, or discriminate based on gender, sexual orientation, religion, ethnicity, race, age, national origin, or disability; (f) to submit false or misleading information; (g) to upload or transmit viruses or any other type of malicious code that will or may be used in any way that will affect the functionality or operation of the Service or of any related website, other websites, or the Internet; (h) to collect or track the personal information of others; (i) to spam, phish, pharm, pretext, spider, crawl, or scrape; (j) for any obscene or immoral purpose; or (k) to interfere with or circumvent the security features of the Service or any related website, other websites, or the Internet. We reserve the right to terminate your use of the Service or any related website for violating any of the prohibited uses.
SECTION 13 — DISCLAIMER OF WARRANTIES; LIMITATION OF LIABILITY
We do not guarantee, represent or warrant that your use of our service will be uninterrupted, timely, secure or error-free.
We do not warrant that the results that may be obtained from the use of the service will be accurate or reliable.
You agree that from time to time we may remove the service for indefinite periods of time or cancel the service at any time, without notice to you.
You expressly agree that your use of, or inability to use, the service is at your sole risk. The service and all products and services delivered to you through the service are (except as expressly stated by us) provided ‘as is’ and ‘as available’ for your use, without any representations, warranties or conditions of any kind, either expressed or implied, including all implied warranties or conditions of merchantability, merchantable quality, fitness for a particular purpose, durability, title, and non-infringement.
In no case shall Mile High Rural Land, our directors, officers, employees, affiliates, agents, contractors, interns, suppliers, service providers or licensors be liable for any injury, loss, claim, or any direct, indirect, incidental, punitive, special, or consequential damages of any kind, including, without limitation lost profits, lost revenue, lost savings, loss of data, replacement costs, or any similar damages, whether based in contract, tort (including negligence), strict liability or otherwise, arising from your use of any of the service or any products procured using the service, or for any other claim related in any way to your use of the service or any product, including, but not limited to, any errors or omissions in any content, or any loss or damage of any kind incurred as a result of the use of the service or any content (or product) posted, transmitted, or otherwise made available via the service, even if advised of their possibility. Because some states or jurisdictions do not allow the exclusion or the limitation of liability for consequential or incidental damages, in such states or jurisdictions, our liability shall be limited to the maximum extent permitted by law.
SECTION 14 — INDEMNIFICATION
You agree to indemnify, defend and hold harmless Mile High Rural Land and our parent, subsidiaries, affiliates, partners, officers, directors, agents, contractors, licensors, service providers, subcontractors, suppliers, interns and employees, harmless from any claim or demand, including reasonable attorneys’ fees, made by any third-party due to or arising out of your breach of these Terms of Service or the documents they incorporate by reference, or your violation of any law or the rights of a third-party.
SECTION 15 — SEVERABILITY
In the event that any provision of these Terms of Service is determined to be unlawful, void or unenforceable, such provision shall nonetheless be enforceable to the fullest extent permitted by applicable law, and the unenforceable portion shall be deemed to be severed from these Terms of Service, such determination shall not affect the validity and enforceability of any other remaining provisions.
SECTION 16 — TERMINATION
The obligations and liabilities of the parties incurred prior to the termination date shall survive the termination of this agreement for all purposes.
These Terms of Service are effective unless and until terminated by either you or us. You may terminate these Terms of Service at any time by notifying us that you no longer wish to use our Services, or when you cease using our site.
If in our sole judgment you fail, or we suspect that you have failed, to comply with any term or provision of these Terms of Service, we also may terminate this agreement at any time without notice and you will remain liable for all amounts due up to and including the date of termination; and/or accordingly may deny you access to our Services (or any part thereof).
SECTION 17 — ENTIRE AGREEMENT
The failure of us to exercise or enforce any right or provision of these Terms of Service shall not constitute a waiver of such right or provision.
These Terms of Service and any policies or operating rules posted by us on this site or in respect to The Service constitutes the entire agreement and understanding between you and us and govern your use of the Service, superseding any prior or contemporaneous agreements, communications and proposals, whether oral or written, between you and us (including, but not limited to, any prior versions of the Terms of Service).
Any ambiguities in the interpretation of these Terms of Service shall not be construed against the drafting party.
SECTION 18 — GOVERNING LAW
These Terms of Service and any separate agreements whereby we provide you Services shall be governed by and construed in accordance with the laws of the State of Colorado.
SECTION 19 — CHANGES TO TERMS OF SERVICE
You can review the most current version of the Terms of Service at any time at this page.
We reserve the right, at our sole discretion, to update, change or replace any part of these Terms of Service by posting updates and changes to our website. It is your responsibility to check our website periodically for changes. Your continued use of or access to our website or the Service following the posting of any changes to these Terms of Service constitutes acceptance of those changes.
SECTION 20 — CONTACT INFORMATION
Questions about the Terms of Service should be sent to us at email@example.com.
Land ownership is conveyed through a process of filing notarized documents, called deeds, at the county where the land is located. Because of the complexities of conveying land ownership, a reversal transaction is not a simple process.
Real estate transactions are a big decision. When buying land at Mile High Rural Land, each sale involves a series of decisions on your part, to make sure you as a buyer are sure that you would like to proceed with a given purchase. To summarize, if you’ve purchased land from Mile High Rural Land , it means you’ve gone through these steps:
After seeing our listing, you verified the information in the listing to your satisfaction, part of which may have included a site visit. All our land has GPS coordinates listed, and buyers are encouraged to visit at their convenience.
You completed and signed a purchase agreement expressing your intent to purchase.
You completed and signed a form authorizing payment, either in full or in automated monthly payments, via credit/debit card, ACH, or bank wire.
If the purchase was using automated monthly payments, you will also have signed a contract-for-deed, which is a legal contract that supersedes this Return Policy, specifying the payment schedule and that the deed will be conveyed at the end of the contract term, and details what happens in the event of non-performance/non-payment.
You completed a form instructing us how you’d like to take title, who will be the Grantee on the deed — in other words, who will own the land you are buying — as well as the new address for property tax bills.
We allow the buyer to specify Grantee information to enable a buyer to purchase land in the name of those close to them, such as a gift for a child.
We created and signed a notarized deed conveying the land to the person you specified.
We recorded the deed at the county, and instructed the county to return the recorded deed to you.
Avoiding Extra Costs
In order for any refund or return to occur without incurring extra costs, the deed must not have been recorded at the county (such as with an ongoing contract-for deed prior to the end of the contract term). If the deed has already been recorded, the land must be conveyed back to us, and will almost certainly incur fees from Mile High Rural Land, the county, and a notary public.
Cost of re-conveying Property
To ensure the return of property is conveyed properly and legally, Mile High Rural Land will prepare the deed and associated documents, at a cost of $399, which will be deducted from any refunds due. Additionally, any notary and/or county fees will be deducted from any refunds due. These fees vary based on the county. In the case that these fees exceed the refund due, the return may become a net loss for you. Again, please be mindful when purchasing real estate.
In the case of terms sales with automatic monthly payments, the actual return policy will be governed by the legal instrument used (usually a contract for deed), as it is a separate contract we have entered into above and beyond the scope of this website.
To be eligible for a return/refund, the deed conveying the property to you must not yet be recorded. If you have received a notarized deed in the mail from us, it means that the county recorder has created the record and you will need to re-convey the property back to us. Even if you have not yet received the recorded deed, the recording process may be irreversible and a second deed may need to be created to process the return. If the property has been recorded in your name or the name or your designee, Mile High Rural Land will need to approve the return, as certain circumstances may cause a return request to be outside our control. If you request a return, we will contact you informing you of the options regarding the return.
Document Prep Fee
Mile High Rural Land charges a document prep fee to create documentation to support the conveying of land to you. Our document prep fee is non-refundable, and will be deducted from any approved refunds. An additional document prep fee, if applicable, may also need to be deducted if we must prepare a deed associated with a return.
Once a re-conveyed deed is received and inspected, we will send you an email to notify you that we have received your returned item. We will also notify you of the approval or rejection of your refund. If you are approved, then your refund will be processed, and a credit will automatically be applied to your credit card or original method of payment, within a certain amount of days.
If you haven’t received a refund yet, first check your bank account again.
Then contact your credit card company, it may take some time before your refund is officially posted. Next contact your bank. There is often some processing time before a refund is posted.
If you’ve done all of this and you still have not received your refund yet, please contact us at (866) 707-3478.
In certain circumstances, and on a case-by-case basis, Mile High Rural Land may approve an exchange for a similarly priced property. Any notary or county fees associated with conveying a property back to us are your responsibility. Please note, the price of the property is not the only factor governing our decision to approve an exchange, and in certain instances we may be legally unable to provide an exchange.
Notwithstanding the above paragraph, to be eligible for an exchange, we need to know why you are requesting an exchange. We encourage buyers to perform their own due diligence prior to purchasing, and your purchase agreement acknowledges that you have completed all inspections to your satisfaction, therefore we cannot accept a reason that could have been discovered during your initial due diligence period.
Be careful when buying land as a gift, as there are property taxes associated with land ownership, and some people may not consider land a thoughtful gift. Regarding returns on land which has been gifted, any land you purchase to convey into the name of someone else will need to have that person’s approval, including a notarized signature, in the event of a return. Deeding a parcel of land to a minor, for example, will require that the minor reach legal age, so that he/she may sign the deed conveying the property back to us, which will delay any associated refunds.
We Own All Properties Sold
Mile High Rural Land’ parent company and manager is a principal owner, wholly or partially, in all land parcels sold, and is not a licensed real estate professional. We are a real estate investment vehicle, and as such, we may only represent ourselves in real estate transactions.