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Vacant Lot Land BPO Form Images S3bid4assetscom

Vacant Lot Land BPO Form Images S3bid4assetscom

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Instructions and help about Vacant Lot Land BPO Form Images s3bid4assetscom

hi everyone my name is Chris Richards I'm with the Rick Richards Mortgage Group I've been a licensed mortgage broker since 2008 I get a lot of questions on my website about what it takes to finance vacant raw land or residential Lots so I thought we'd make a quick video and explain some quick facts and also answer some frequently asked questions so the main takeaways about this presentation on land loans are as follows there are very few lenders who will give you a land loan without building plans in hand number two it's hard to get a mortgage broker or a bank mortgage specialist excited about helping you because the lenders do not typically pay commissions to their specialists or to brokers on land loans land loans have very big down payments as opposed to what you might be used to on a house mortgage loan blan loans are expensive to buy and hold land especially and number five is there are other less expensive ways to acquire vacant land or get a land loan or other ways to meet your

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