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How to buy land?

Asked By Jana R. | Kosciusko, MS | 589 views | Renting | 3 years ago
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Semi-Pro
60 Answers
Steven Hunt

Real Broker NY LLC

(31)

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.
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Rising Star
19 Answers
Al Maxwell

eXp Realty

(60)

It usually requires cash. Most mortage companies wont lend on land

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Novice
1 Answer
Noah McBride

Century 21 Larry Miller Realty

(6)

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.

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