Q&A: Financing a Vacant Land Purchase

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If you'' re going to buy the uninhabited land you better be prepared to write a huge check. Here ' s today ' s Real Estate Minute. Here'' s the response: I like the plan and it seems like youve allocated well, you have a great idea of what you hope to achieve with the purchase, but youre going to have to get creative to discover the financing you require. That'' s a big method we value financial investment residential or commercial property. If the land doesn'' t actually value, the carrying expenses of holding the land all these years will surpass any rate appreciation you d take pleasure in by purchasing now.

Video Transcript:

If you'' re going to buy the uninhabited land you much better be ready to write a big check. Here ' s today ' s Real Estate Minute. If the land doesn'' t truly appreciate, the bring costs of holding the land all these years will exceed any price gratitude you d delight in by buying now.

License: Creative Commons