---

Can I borrow money on a 2 acre water front property in KY

Author	Message
	Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
josephdybowski Joined: 31 Jan 2011 Posts: 1 1.00 Dollars($)	Posted: Mon Jan 31, 2011 5:04 pm    Post subject: Can I borrow money on a 2 acre water front property in KY Like 0 Dislike 0 We paid 35,000 dollars for the land on Lake Barkley but we decide to look for a home already built in GA instead. Can this be done and if so what kind of interest rate are we looking at? Thank's Carol
adonis Joined: 22 Oct 2005 Posts: 10562 Location: ALASKA 1089.18 Dollars($)	Posted: Tue Feb 01, 2011 9:37 pm    Post subject: Like 0 Dislike 0 Welcome josephdybowski, You can use the land as a collateral in order to get a mortgage on that property and use that money to buy a new home. The interest rates will vary. You should contact the local lenders and check out the rates available in the market. _________________ Procrastination is the enemy of your financial success

Quick Reply
Your Name
Subject
Image Verification	Enter the code above here : Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours

Page 1 of 1

---

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0