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Loan on Land

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haridas_badhe Joined: 11 May 2009 Posts: 59 0.04 Dollars($)	Posted: Wed Jun 17, 2009 8:45 am    Post subject: Loan on Land Hi, one of my friend going to buy land which is not for agriculture comes in urban area.For land he is think about loan.I heard for agri land interest on loan is less so can he show this land is agriculture land... Please suggest..!! Thanks In Advance..!
gmakerley Community Mentor Joined: 09 Nov 2007 Posts: 9791 Location: bloomfield, ct 42.59 Dollars($)	Posted: Wed Jun 17, 2009 9:37 am    Post subject: come on now...how in the world can anyone claim that urban land is going to be used for agricultural purposes? and oh by the way, what is the chance that said land is zoned in that fashion? get real, haridas. _________________ George M. Akerley Loan Consultant 860-221-5044

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