that would not have enought equity for a loan that size? Would I have to sell my current home first? What are my options?
We actually have a vacant lot in Dousman, in a subdivision that is only about three years old. Do you have a lot in mind, or are you open to looking at ours? August 8, 2009.
Vicki at bticasa@yahoo.com
Most local banks can still do vacant lot loans. Usually they are only 5 year loans. You can check with my lender. His info is below.
Matt Gaulke
Great Midwest Bank
Branch Manager-Mortgage Loan Officer
600 Hartbrook Dr. Hartland, WI 53029
Office: 262-367-4200
Cell: 262-844-3984
Fax: 262-367-9079
8 Visit my Website
Brad Koenig
First Weber
http://www.DelafieldHomesForSale.com
262-719-7393
If you can't get bank qualified see if they can seller finance.
If they won't seller finance then tell them they can sell their promissory note for a lump of cash.
(but only if they make it with the right terms like a good down payment and interest rate, etc.)
I actually buy seller financed notes if you have any questions about it.
Andrew
There are several lenders out there that give lot loans.
Have you visited with a loan officer yet, if not now is the time.
Anna
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