Interested in buying 10 acres of land. Currently have home with 30 yr fixed mortgage.?
Written By: admin on August 29, 2009
One Comment
Can refinance home to buy land, should get home equity loan or should buy land seperately?
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Tags: amp, blog archive, Debt Consolidation, equity loans, home equity loan, home equity loan rates, land mortgage, low doc home loan, money, tenant loansTags: amp, blog archive, Debt Consolidation, equity loans, home equity loan, home equity loan rates, low doc home loan, money, tenant loans
It will be more hard and expensive to get a land only loan through a bank. A lessor expensive way is owner financing, but be careful you check the deed, legal descriptions, surveys etc, because nobody else will, work closely with the title office. Another less expensive way is your equity line, again use the same cautions as above.