Posted on: 14th Feb, 2011 11:55 am
We have a separate acre lot attached to our main property, it is in a highly desirable residential area. Should I be able to borrow money against it? If so where would I look please?
Hi brendanosullivan!
Welcome to forums!
If there is a separate deed for that lot, then you will be able to get a mortgage solely on that lot. You should contact the local lenders of your area and check out if you can get a loan on the said property.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
If there is a separate deed for that lot, then you will be able to get a mortgage solely on that lot. You should contact the local lenders of your area and check out if you can get a loan on the said property.
Feel free to ask if you've further queries.
Sussane