how do developers usually purchase land? what i’m asking is, when a home developer wants to purchase land from you, what is the most appealing way for them to acquire property? [other than obvious - cheapest price]
hope this question makes sense. like, do they prefer some kind of seller financing, i.e. they pay X with interest after they build and sell?
Depends on the developer. Huge developers have their own money/private investors and have huge lines of credit available from banks that want their business, and they are usually very attractive interest rates. I don’t think an established developer would need owner financing.
Another way they may structure it is with an option to purchase. Developers have to look way out in the future, like 5 - 10 years, and project what the housing growth rate will be. They may want to option the purchase, depending on their overall status of their land portfolio.