Thursday, September 24, 2009

Can someone tell me what you have to do to get a section of land?

What sort of payments are required? What does the bank require? What insurance do you need? For land between $100,000.00 - $300,000.00


most banks don't lend on land alone, I would call a broker they might know of an investment company or some like that. good luck

Some banks do offer a "Land Loan" it is usally on terms similar to investment property. With atleast 80% down. I have never heard of LAND insurance. What would you need insurance for? Is it waterfront or farm land?

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