LITTLE KNOWN FACTS ABOUT SELLING A PIECE OF LAND IN GOOD -LOOKING AREAS.

For the reason that lenders see land loans as riskier, they generally demand higher down payments and give increased desire premiums. Down payments are typically around 20% for land loans, and fascination rates may very well be up to three% increased than standard house loan prices, Ceizyk says.If you choose to offer the land Down the road, you ca