Buy with room to change your mind

The Founders Exchange

Not the right parcel after all? Exchange it for another in our inventory inside your first year, and every dollar of principal you have paid comes with you.

Owner financed purchases only. Cash purchases are not eligible.

How it works

  1. 1Tell us within 365 days of your first payment that you would like to exchange.
  2. 2Pick another parcel from our current inventory that is priced above the principal you have paid.
  3. 3We credit your principal to the new parcel, prepare the documents, and take the old one back.

The full terms

All of it, in plain words. Nothing here is different from what you will find in your loan documents.

  1. Applies only to owner financed purchases. Cash purchases are not eligible.
  2. One exchange per buyer, requested within 365 days of your first payment.
  3. We credit 100% of the principal you have paid toward the new property.
  4. The credit excludes all fees, including document fees, loan servicing fees, closing costs and taxes.
  5. Every payment must have been made on time. A single missed, late or failed payment during the 365 days voids the exchange.
  6. The principal you have paid on the old property must be less than 75% of the new property's price.
  7. The original property must come back in the same condition it was bought in, free of any new liens or encumbrances.
  8. A new document fee applies to the exchanged property.
  9. We may inspect the property before finalizing the exchange.

Founders Land Group LLC is not a licensed real estate broker. This page describes the exchange and is not legal advice. Your loan documents govern.

See what is available