Comments on: Land Loans And How To Get The Best Interest Rates http://www.bestlandloans.com/land-loans-and-how-to-get-the-best-interest-rates/ Your one stop source for the best land loans Thu, 29 Jul 2010 21:12:34 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Angie http://www.bestlandloans.com/land-loans-and-how-to-get-the-best-interest-rates/comment-page-1/#comment-901 Angie Thu, 01 Jul 2010 02:03:36 +0000 http://www.bestlandloans.com/?p=76#comment-901 Hello, I am looking to purchase 40 acres for $155,000. I have enough money to purchase the land without a loan, However; I was interested in maybe financing if I could get a low enough interest rate. My money manager tells me that I would need a 5% or less interest rate otherwise I should just pay cash because I would not make enough in investments on the amount to offset the interest. Please give me an idea of what the going rate of interest is on raw land or land that does not have a house on it. I plan on building on it in the next four years. Thanks, Angie Hello,
I am looking to purchase 40 acres for $155,000. I have enough money to purchase the land without a loan, However; I was interested in maybe financing if I could get a low enough interest rate. My money manager tells me that I would need a 5% or less interest rate otherwise I should just pay cash because I would not make enough in investments on the amount to offset the interest. Please give me an idea of what the going rate of interest is on raw land or land that does not have a house on it. I plan on building on it in the next four years.
Thanks,

Angie

]]> By: Different Types of Loans and How Land Loans Made Some People Rich! | Auto Lenders http://www.bestlandloans.com/land-loans-and-how-to-get-the-best-interest-rates/comment-page-1/#comment-755 Different Types of Loans and How Land Loans Made Some People Rich! | Auto Lenders Sun, 13 Jun 2010 20:39:07 +0000 http://www.bestlandloans.com/?p=76#comment-755 [...] you are thinking of applying for a land loan, then you should definitely visit my [...] [...] you are thinking of applying for a land loan, then you should definitely visit my [...]

]]> By: Sweet http://www.bestlandloans.com/land-loans-and-how-to-get-the-best-interest-rates/comment-page-1/#comment-364 Sweet Wed, 17 Mar 2010 23:34:53 +0000 http://www.bestlandloans.com/?p=76#comment-364 I am looking at 19 acres of just land for $25,000. I am a first year teacher with a salary of 31,000 a year. I already pay a student loan and a car loan. Each is about 300 a month. Do you think that I would have a chance at a loan if I put at least $5,000 down as down payment? I am looking at 19 acres of just land for $25,000. I am a first year teacher with a salary of 31,000 a year. I already pay a student loan and a car loan. Each is about 300 a month. Do you think that I would have a chance at a loan if I put at least $5,000 down as down payment?

]]> By: Liz Butikofer http://www.bestlandloans.com/land-loans-and-how-to-get-the-best-interest-rates/comment-page-1/#comment-362 Liz Butikofer Wed, 17 Mar 2010 16:08:23 +0000 http://www.bestlandloans.com/?p=76#comment-362 looking at buying a lot at the beach in florida - the lot sold for 350K 5 years ago and now it is in forclosure - I offered 81k - but have been told that because it is a land loan - they want 25% down - is this normal? looking at buying a lot at the beach in florida – the lot sold for 350K 5 years ago and now it is in forclosure – I offered 81k – but have been told that because it is a land loan – they want 25% down – is this normal?

]]> By: How To Get Approved For Land Loans | Best Land Loans http://www.bestlandloans.com/land-loans-and-how-to-get-the-best-interest-rates/comment-page-1/#comment-297 How To Get Approved For Land Loans | Best Land Loans Sun, 14 Feb 2010 13:09:02 +0000 http://www.bestlandloans.com/?p=76#comment-297 [...] out a land loan is far from an impossible task. But it will require you to jump through certain hoops. Just be [...] [...] out a land loan is far from an impossible task. But it will require you to jump through certain hoops. Just be [...]

]]> By: Woody W. http://www.bestlandloans.com/land-loans-and-how-to-get-the-best-interest-rates/comment-page-1/#comment-256 Woody W. Thu, 04 Feb 2010 23:07:42 +0000 http://www.bestlandloans.com/?p=76#comment-256 I am looking at 2 acres in the midddle of the town I live in (Florida). The value is much higher than what they are asking (199,000). Problem is there is some old buildings and an old house on the property. Can I get a land loan for this? The buildings could be renovated, but a knock down is an idea also. I am looking at 2 acres in the midddle of the town I live in (Florida). The value is much higher than what they are asking (199,000). Problem is there is some old buildings and an old house on the property. Can I get a land loan for this? The buildings could be renovated, but a knock down is an idea also.

]]> By: Cole Schwartz http://www.bestlandloans.com/land-loans-and-how-to-get-the-best-interest-rates/comment-page-1/#comment-213 Cole Schwartz Fri, 15 Jan 2010 07:42:10 +0000 http://www.bestlandloans.com/?p=76#comment-213 I am looking at 13 undeveloped acres in Idaho for $42500. I have good credit, a steady income, and my debt to income is roughly 39%. I currently have a VA loan on my primary residence. What do you think the chances of me getting a land loan are? The research I have done doesn't look to promising. Do you have any suggestions? Please respond to my email. Thank you for you time and assistance. Cole I am looking at 13 undeveloped acres in Idaho for $42500. I have good credit, a steady income, and my debt to income is roughly 39%. I currently have a VA loan on my primary residence. What do you think the chances of me getting a land loan are? The research I have done doesn’t look to promising. Do you have any suggestions?

Please respond to my email.

Thank you for you time and assistance.

Cole

]]> By: Carmel http://www.bestlandloans.com/land-loans-and-how-to-get-the-best-interest-rates/comment-page-1/#comment-174 Carmel Mon, 07 Dec 2009 15:31:14 +0000 http://www.bestlandloans.com/?p=76#comment-174 Hi Dave I am looking to raise finance on land I already own. My eventual plan for this land will be to build on it but I haven't progressed any application on it yet. I need to raise money on this land to use as a deposit for another purchase. Are you able to advise on possible lenders for this type of land loans? Thanks Carmel Hi Dave

I am looking to raise finance on land I already own. My eventual plan for this land will be to build on it but I haven’t progressed any application on it yet. I need to raise money on this land to use as a deposit for another purchase. Are you able to advise on possible lenders for this type of land loans?

Thanks

Carmel

]]> By: Dave Jones http://www.bestlandloans.com/land-loans-and-how-to-get-the-best-interest-rates/comment-page-1/#comment-90 Dave Jones Fri, 28 Aug 2009 01:41:31 +0000 http://www.bestlandloans.com/?p=76#comment-90 Hello Kanwar, In order to quote an interest rate for a land loan, one would need more information than just the amount of money you need to borrow. I don’t know much about the Indian market, however, if my calculations are correct, you would like 50 Lakhs = 5,000,000 Indian Rupees which is about $100,000. Based on the amount of money that you would like to borrow, I can offer you some valuable advise. If ANYONE claims that he/she can offer you a land loan for $100,000 (or 50 Lakhs) with any interest rate, without providing them with any other documents in regards to your financial history or your proposed development plans, chances are that they are trying to pull off a scam. Try to get your land loan approved from a trustworthy bank so that you can be on the safe side. Even though we don’t offer land loans directly through this site, I am in the process of adding a form that would allow visitors to request for a land loan quote from a trusted lending company/bank. I would like to hear your thoughts on that proposed addition to the site. On the one hand, I believe that it will be helpful, but on the other, I wouldn’t want it to detract from your experience on Best Land Loans. Let me know! Best Regards, Dave Jones Hello Kanwar,

In order to quote an interest rate for a land loan, one would need more information than just the amount of money you need to borrow.

I don’t know much about the Indian market, however, if my calculations are correct, you would like 50 Lakhs = 5,000,000 Indian Rupees which is about $100,000.

Based on the amount of money that you would like to borrow, I can offer you some valuable advise. If ANYONE claims that he/she can offer you a land loan for $100,000 (or 50 Lakhs) with any interest rate, without providing them with any other documents in regards to your financial history or your proposed development plans, chances are that they are trying to pull off a scam. Try to get your land loan approved from a trustworthy bank so that you can be on the safe side.

Even though we don’t offer land loans directly through this site, I am in the process of adding a form that would allow visitors to request for a land loan quote from a trusted lending company/bank.

I would like to hear your thoughts on that proposed addition to the site. On the one hand, I believe that it will be helpful, but on the other, I wouldn’t want it to detract from your experience on Best Land Loans.

Let me know!

Best Regards,
Dave Jones

]]> By: kanwar http://www.bestlandloans.com/land-loans-and-how-to-get-the-best-interest-rates/comment-page-1/#comment-88 kanwar Thu, 27 Aug 2009 16:27:58 +0000 http://www.bestlandloans.com/?p=76#comment-88 i want to buy a piece of land for which i want to obtain a loan for about rs 50 lakhs. pls quote me the interest rate along with the terms and conditions of it. i want to buy a piece of land for which i want to obtain a loan for about rs 50 lakhs. pls quote me the interest rate along with the terms and conditions of it.

]]>