Will An Early Spring Bring The Vacant Land Buyers Out In Full Force?

By
Real Estate Agent with Coldwell Banker Realty/Coldwell Banker Commercial NRT 30SA0872839 

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 Early Spring Brings The Vacant Land Buyers Out In Full Force?


Call me at 845-590-5488 to find out

about our options for you land purchase!

Comments (0)