financing: Will An Early Spring Bring The Vacant Land Buyers Out In Full Force?
- 01/22/20 09:20 AM
Will An Early Spring Brings The Vacant Land Buyers Out In Full Force? Over the last 30 Days we have seen a large influx of people looking to purchase vacant land. The interest rates on construction loans still low. Mortgage Companies have started financing Vacant Parcels again and this will help sales pick up dramaticaly. I have two banks that will lend on Vacant land purchases right now. Vacant Land loans with 20% to 40% down. If you do not want to build right away this is a good way to purchase your land other than with owner financing. But they usually look for a substansial(50%) amount down. Will An … (0 comments)
financing: BUYING FORECLOSURES-Can you get them to close?
- 03/24/18 05:21 PM
BUYING FORECLOSURES-Can you get them to close? I am getting ready to close on my 89th Foreclosure since I got into Real Estate. One of the reasons for this success is I have put together a great team. I use an Attorney who is not scared of the one way contract that the banks Attorneys through at the buyer. He understands that you can make it happen if you understand the rules. The other side of this team is the Mortgage Broker/Bank. My guy can get a 203K Mortgage if needed or if the home is in fair condition we can do a Normal FHA Loan. Sometimes we can get away with … (2 comments)
financing: Are thier options for your buyer if you are selling your VACANT LAND?
- 01/17/15 06:39 AM
Are their options for your buyer if you are selling your VACANT LAND? There are a few financing options for someone looking to buy your VACANT LAND. First there is always the cash option in today's economy that is very likely to be the only one available, and most builders will pay cash. Second is the OWNER FINANCING OPTION. This is sometimes a good option and can get you more money in your pocket but you may also have to repossess the property, which can be messy to say the least. Third option is a LAND to CONSTRUCTION … (0 comments)
financing: Early Spring Brings The Vacant Land Buyers Out In Full Force
- 05/04/12 01:48 AM
Early Spring Brings The Vacant Land Buyers Out In Full Force Over the past month and a half we have seen a large influx of people looking to purchase vacant land. The interest rates on construction loan is at an all time low.If Mortgage Companies would start financing Vacant Parcels again the sales would pick up dramaticaly. But as of now the bank will only allow purchase money for land tied into a Construction Loan. I use to be able to get guyers loans on Vacant Land with 20% Down, then it went to 30% to no loans for land. If … (2 comments)
financing: Here are some tips for getting started with selling your vacant land in Westchester and Putnam County.
- 04/25/12 09:40 PM
Here are some tips for getting started with selling your vacant land in Westchester and Putnam County. 1. locate your survey, if you do not have one get one done. 2. Get a copy of your deed. This can usually be gotten from the tax assessors office in your town. 3. Be aware of and deed restrictions and easements on the property. 4. If you have Board of Health Approval you will need a copy of the permit and map. If not, vacant land sells for 10 to 25% more with it, so it might be a good idea to get … (4 comments)
financing: Tax Credit Almost Gone!!!!
- 07/11/09 11:32 AM
Tax Credit Almost Gone!!!! Well in our area here in New York, you are beginning to run out of time to qualify!!!! It takes any where from 45 to 90 days it seems lately to close a Real Estate deal here in New York. That means if you don't get into contract before October 15th at the latest, but most likely you need to be in contact by September 1st. Some banks are handling their deal in a more timelyfashion but most seem to be floundering with a clue. This means the buyers that are out there better choose their banks … (4 comments)
financing: I know you are thinking of Selling Your Vacant Land in the Spring!!!!
- 04/12/09 12:26 PM
I know you are thinking of Selling Your Vacant Land in the Spring!!!! Are you thinking of Selling Your Vacant Land in the Spring? If so, we should be talking now, let's get ready for Spring 13. I have been involved in over 150 Land Sales in the past 11 years. Selling vacant land is not something any Realtor can do. This is evident in the number of agents that have sold less than 2 pieces of land or none in their careers. I will walk your land and get all the pertinent information from your local town hall and evaluate it … (0 comments)
financing: Buying or Selling Your Vacant Land--How do you Deal with a Landlocked Piece of Vacant Land
- 03/15/09 09:24 AM
Buying or Selling Your Vacant Land--How do you Deal with a Landlocked Piece of Vacant Land When you come across a piece of vacant land that is actually landlocked, meaning that it has no legal easement to a public street. These lots generally sell at a low price, perhaps because the seller can't be bothered negotiating (and usually paying for) an easement or land for a lot line change through one or more neighbor's properties. If you own a landlocked lot it is certainly worth approaching the neighbors to try to obtain one of these remedies. There are also legal remedies that may … (0 comments)
financing: When Buying or Selling Vacant Land--Land Easements, How do they effect your purchase or sale?
- 12/25/08 07:07 AM
When Buying or Selling Vacant Land--Land Easements, How do they effect your purchase or sale? When you are looking to buy or sell a parcel of Vacant Land, you'll want to make sure where the utility (power, water, septic or sewer and telephone) easements are if any. You'll also want to make sure that the road is public or private. These easements can sometimes hinder you ability to build. Utility easements will have an area around them included in the easement so the easement can be maintained. Also a huge Power Line easement will sometimes have setbacks required by the municipality. When … (0 comments)
financing: Are you thinking of Selling Your Vacant Land in the Spring?
- 12/19/08 09:00 AM
Are you thinking of Selling Your Vacant Land in the Spring? If so we should be talking in January to be ready for Spring 09. I have been involved in over 150 Land Sales in the past 20 years. Selling vacant land is not something any Realtor can do. This is evident in the number of agents that have sold less than 2 pieces of land or none in their careers. I will walk your land and get all the pertinent information from your local town hall and evaluate it and come with a price and plan that will get your … (0 comments)
financing: If you are selling or buying Vacant Land in Westchester and Putnam County-These are things you should know!!!
- 12/16/08 02:18 AM
If you are selling or buying Vacant Land in Westchester and Putnam County-These are things you should know!!! Three very important things you should know before buying or selling vacant land. 1. What is the zoning on the property you are working with. Will it allow you to put what you want on it? Will you need to get a use, size of road frontage variance?This information can be found in the local building and planning department of the town the property is located in. 2. Can the property be approved by the county Board of Health for a septic, sewer, … (0 comments)
financing: I HAVE 2 PIECES OF VACANT LAND NEXT TO EACH OR SALE. CALL ME!!!!
- 12/11/08 11:31 AM
I HAVE 2 PIECES OF VACANT LAND NEXT TO EACH OR SALE. CALL ME!!!! NEED 2 PIECES OF VACANT LAND NEXT TO EACH OTHER? CALL ME!!!! I HAVE 2 PIECES OF VACANT LAND WITH 4 BED ROOM BOARD OF HEALTH APPROVALS AND THEY EACH HAVE BUILDING PERMITS. THEY ARE AVAILABLE IN PUTNAM VALLEY, NEW YORK 10579 ONE IS 5.8 ACRES AND THE OTHER IS 7.02 ACRES. THEY ARE BOTH FOR SALE FOR the same price. $249,000.00 CALL ME TO MAKE ARRANGEMENTS TO VIEW THIS BEAUTIFUL COUNTRY PROPERTY IN A NICE COUNTRY TOWN. Thomas SantoreAssociate BrokerColdwell Banker845-590-5488tsan25@aol.com Visit My Web Sites at http://www.realestatesallhere.com/ … (0 comments)
financing: LOOKING TO SELL MY VACANT LAND, SHOULD I HAVE A SURVEY DONE?
- 12/09/08 09:56 AM
LOOKING TO SELL MY VACANT LAND, SHOULD I HAVE A SURVEY DONE? The answer is YES. Already having a survey of your property when you market it will speed up the selling process in more ways than one. 1st, buyers looking at your property will be able to determine where it begins and ends. This is important if your property is to be built on so set backs can be gaged as to whether or not the buyer can put what they want on the property. 2nd, you want to made aware of the possibilities of potential legal problems, such as … (0 comments)
financing: Are you looking to sell your VACANT LAND? How to find the right AGENT to SELL your Property!!!
- 12/08/08 05:21 AM
Are you looking to sell your VACANT LAND? How to find the right AGENT to SELL your Property!!! Listing your VACANT LAND for SALE can be very trying. Most agents in the business have never listed or even sold a piece of VACANT LAND. You are going to want and AGENT with EXPERIENCE in BOTH LISTING and SELLING LAND. The first way to do this is to ask them for a list of PAST and PRESENT LISTINGS. If they can not produce these than they are not the right agent for you. The second thing you want is a list of actual sales. This … (0 comments)
financing: Selling your vacant land now (the Fall) in Westchester and Putnam County
- 11/11/08 11:18 AM
Selling your vacant land now (the Fall) in Westchester and Putnam County Well, most of the leaves have fallen and buyers can really see the lay of the land. They have been calling to find new land for sale and we do not have enough to go around. We need to have land to list that is priced properly and in buildable condition. Land with approvals will go quickly this time of year , but we do not have that many nice pieces. Please call us to get your land on the market before the good buyers either find something or … (0 comments)
financing: Price Reduced AGAIN Lots 7 & 8 Route 52 in Kent
- 11/02/08 11:29 PM
Price Reduced AGAIN Lots 7 & 8 Route 52 in Kent Kent, Carmel-Kent-Mahopac Area - Announcing a price reduction on Lots 7 & 8 Route 52, a lot / land. Now $70,000 - 2 lots to build 1 home on. Fairly flat land almost a half acre. Drive should come in off Oakland Rd not Rte 52. Buyer can make offers subject to Board of Health Approval.
Thomas SantoreAssociate BrokerColdwell Banker845-590-5488 Visit my web sites at http://realestatesallhere.com and http://icansellyourland1.com Past Blogs Do I need Approvals to sell my land? Selling your Vacant Land-Westchester and Putnam County Selling or Buying Your Vacant Land--Land … (0 comments)
financing: Do I need Approvals to sell my land? Selling your Vacant Land-Westchester and Putnam County
- 10/29/08 03:31 AM
Do I need Approvals to sell my land? Selling your Vacant Land-Westchester and Putnam County You do not always need to have building approval to sell your Vacant Land!! But if you want to get a good price for it you better at least have Board of Health Approval. Buyers that buy property without approvals will usually pay any where fro 12-50% less for a piece of vacant land. Start with a survey and then hire an Engineer to get your approvals. It is worth the $3,000.00 to $8,000.00 it will cost you because you will usually get $15-$50,000.00 more for … (2 comments)
financing: Buying or Selling Your Vacant Land--Dealing with a Landlocked Piece of Vacant Land
- 10/26/08 06:42 AM
Buying or Selling Your Vacant Land--Dealing with a Landlocked Piece of Vacant Land When you come across a piece of vacant land that is actually landlocked, meaning that it has no legal easement to a public street. These lots generally sell at a low price, perhaps because the seller can't be bothered negotiating (and usually paying for) an easement or land for a lot line change through one or more neighbor's properties. If you own a landlocked lot it is certainly worth approaching the neighbors to try to obtain one of these remedies. There are also legal remedies that may be attempted, although the … (0 comments)
financing: Selling or Buying Your Vacant Land--Land Easements, How do they effect your purchase or sale?
- 10/26/08 05:18 AM
Selling or Buying Your Vacant Land--Land Easements, How do they effect your purchase or sale? When you are looking to buy a parcel of Vacant Land, you'll want to make sure where the utility (power, water, septic or sewer and telephone) easements are if any. You'll also want to make sure that the road is public or private. These easements can sometimes hinder you ability to build. Utility easements will have an area around them included in the easement so the easement can be maintained. Also a huge Power Line easement will sometimes have setbacks required by the municipality. When you buy … (0 comments)
financing: Selling Your Vacant Land-How do you price it?
- 10/22/08 10:03 AM
Buying vacant land and building your own home can create a lot of instant equity. Here is an easy equation for you to use. Look at the value of a similar sized new home in the area you would like to build in. Let's say it is $600,000. The cost of the lot should be no more than 1/3 of this value, or about $200,000. In Westchester and Putnam County good buildable property is not easy to come by, so you may pay a little extra for a really good parcel.
The site preperation, Building cost should not exceed 2/3 of the … (2 comments)
I will be be talking about the land, Commercial, Multi Family and single family home market in upper Westchester and Putnam County. Also my Land Sales. And Real Estate in Yorktown Heights, Westchester County Real estate, Thomas Santore, Coldwell Banker, Coldwell Banker yorktown heghts ny,
Will An Early Spring Brings The Vacant Land 
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