Buying land can open potential for business, investment or building a home, but lenders typically don’t offer traditional mortgages for land without a valuable structure on it such as a home.
Casey Bond is a seasoned personal finance writer and editor. In addition to Forbes, her work has appeared on HuffPost, Business Insider, Yahoo! Finance, MSN, The Motley Fool, U.S. News & World Report, ...
You may be able to use a home equity loan to secure a loan to buy — and potentially improve — a plot of land. A home equity loan might offer better terms and interest rates than other financing ...
The loan options for purchasing land differ from a home purchase mortgage and are usually more expensive. Land plots for sale can be difficult to find. Some real estate agents are Accredited Land ...
Buying land can be a good investment, but it’s not quite the same as investing in traditional real estate. While land offers more flexibility in the types of investments available — and often comes at ...