You should contact your bank or a mortgage broker to see if you can qualify for a new loan while still owning your current home. There are several " hard money" lenders in Southerm Maine" that lend money on a short term basis. Most experienced real estate agents will know of one or two hard money lenders. When you list your current home, ask your agent. Having your current home already listed at a reasonable price will help with the process. Good luck... more
Lenders don't generally lend based on collateral these days. Cash is king. When you borrow using collateral, you pledge the asset in question so the lender can sell it and recover their money if you default on the loan. If you don't own this property outright, the lender wouldn't be able to get their money without the other owners agreeing to sell. So it would have no value to a bank, because the asset itself is not really yours to sell.
You could sell your interest in the property to one of the other owners or someone else in order to raise cash.
Other than that, I think you'd be out of luck here... more
Sue, I know that all residents of Saco and Dayton can send their kids to Thornton for free. Arundel residents used to have a choice of, Kennebunk High School, Biddeford, High School or Thornton. I don't know if that is the case anymore.
Anyone living outside of Saco, Dayton or Arundel would need to pay to send students to Thornton.... more
It depends. There is not enough information here to answer the question. Some land sales have a "builder tie in" and some do not. The building package may be listed or not. You need some one who represents you to help you sort this out. That would be either a buyer agent or an attorney.
Sorry that I cannot provide more insight but to answer correctly, some one needs to review all of the facts.... more