Tuesday, July 6, 2010

If i buy land in CA with only a well and then place a solar trailer-home on it, could i reappraise it for?

any equity? Assuming it is desirable land with a beautiful view visible from a very stylish "home" and discrete "trailer." Also assuming much landscaping and road work was I'm proved and the trailer included all utilities and appliances and solar system and back up generator and shed, etc. Will the bank give me equity, and if so, how much less than the identicle house on a perminent foundation?

Considerable Less, banks will give out short term loans on trailers on land. Since it can be moved at any time. Hince the words mobile home.

home improvements, building a new home, Additions would be better suited for a loan from the bank. And will bring more value to you.

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