Tuesday, December 29, 2009

Financing Land Purchase Do You Have To Pay The Seller 100% Down For A Plot Of Land? Or Can You Get Financing?

Do you have to pay the seller 100% down for a plot of land? Or can you get financing? - financing land purchase

I think the purchase of a vacant lot of land, which is for residential use zones. Suppose the game worth $ 15k. Do I need to save $ 15K of my own money to buy land? Or I can get the funding to pay for it, a bank, as if you buy a condo or a house? And if so, the interest on a loan at a plot of land and the price of a condo or a house? With similar conditions (eg - 15 years, 30 years loan, etc.). Or that things are different, because the loan would be much lower than that obtained a loan for a condo or a house?

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