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How to buy land?
Asked By Jana R. | Kosciusko, MS | 551 views | Renting | 3 years ago
Answer(3)
Steven Hunt
Real Broker NY LLC
I would contact a real estate agen in your area to help with that. If you need some contacts let me know. 5185264964.
It is easier using a real estate agent to help you with the purchase however it is not needed.
- 2 years ago
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Al Maxwell
eXp Realty
It usually requires cash. Most mortage companies wont lend on land
- 2 years ago
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Noah McBride
Century 21 Larry Miller Realty
Every state is different, but the big thing to keep in mind is most commissions are paid by the seller. I would call your local real estate companies and see if they have any agents that specialize in land sales. Typically, it will require 20-25% down on the purchase price and will be financed for 5 years with an amortization schedule over 15-30. Speak with a local bank and see what financing options they have.
- 2 years ago
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