Cancel Anytime with No Penalty Guarantee – Should you be unable to continue making owner-financing payments for any reason, you shall not be responsible for the term or balance owed on the owner-financing contract. ONCE UPON A BRICK INC. will retain any payments already made and will take no action to recover any additional payments. ONCE UPON A BRICK INC. further guarantees that we will make no negative entries on your credit file.
Refund Policy- In the event that you are purchasing land outright, Buyer is entitled to a full refund up until the point a deed is approved by the Buyer. Once a deed is transferred, Buyer is no longer entitled to any refund.
In the event of default and failure to cure, the Buyer will forfeit all payments made as liquidated damages and any improvements made to the property that cannot be removed without causing damage. In this event, owner-financing buyers will not be responsible for the balance owed on the rent-to-own contract.
Delivery Property – Once a rent to owner-financing contract is signed by you the Buyer, you (the Buyer) have the right to start using and improving but not building on the property according to all applicable regulatory guidelines. If you have a owner-financing contract they able to use the property subject to the rent-to-own contract guidelines.
Once the deed is transferred, the property is solely yours and it is yours to build & develop.