Posted on: 15th Oct, 2010 01:11 pm
1.25 acre of land has septic and utilities appraised at 16,500 maybe more trying to borrow $5000
Welcome tdelgado,
As the property is free and clear, you'll be able to get a mortgage on it. However, the loan amount is too less. So, not all lenders will be ready to give you a mortgage.
As the property is free and clear, you'll be able to get a mortgage on it. However, the loan amount is too less. So, not all lenders will be ready to give you a mortgage.