Category: Uncategorized

DON’T expect a conventional loan when buying land.

By

Banks and lending companies shy away from loaning money for bare land and lots because they can’t sell those loans on the secondary mortgage market to financial entities such as Fannie Mae. If the bank can’t sell your loan, they can’t recoup their money, which means the bank is at risk if you decide to … Continued

Pros and Cons when Investing In Land

By

We’ve all been there at one point or another: Passing by a vacant parcel of land for months, maybe even years. Each time, saying to ourselves, “Man, I’d absolutely love to build on that property someday. It’s so underutilized.” You imagine a house, a multifamily community, retail center, office space… anything. On the surface—no pun … Continued

The Do’s and Don’ts of Buying Land

By

Finding your dream home isn’t easy. You’ll spend a lot of time to scouring online listings, attending open houses and scoping out neighborhoods – and you may still come up empty-handed. Maybe your dream home just doesn’t exist yet. In this case, building a home on a vacant piece of land may be the perfect … Continued

THE BENEFITS OF INVESTING IN LAND

By

When you think of real estate investments rental homes, commercial properties and foreclosures come to mind. Those certainly are the most common. But what about land? A large plot of land is getting ready to go up for sale next to me which has put this type of investment on my radar. Like anyone looking to make … Continued