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Nesgroup address: misc.consumers.house - Date & Time for the message: Sat, 26 Mar 2005 17:46:26 GMT
/ Author of the message: vze8f3tq@verizon.net (v) |
Title of the message: |
Re: Which comes first: Buy land or construction loan?
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Text of the message: |
On Fri, 25 Mar 2005 18:45:35 -0500, someone wrote: >If you were interested in USDA Rural Housing loan, the builder would have to >buy the land AND build the house, since only he would be legally liable for >completion. > So don't get that kind of financing. Actually I think if you compared nationally, you'll find that's a niche product that accounts for a very low percentage of homes built - even though in certain specific areas it might be common. I have heard of ZERO people in my area using that method. |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.