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Can you get a collateral loan or sale small lot directly to bank

Posted on: 23rd Aug, 2010 01:25 pm
I have a small lot that I purchased a few years ago. I really want to get ride of it and sale or at least get a small loan. Is there a size limit? Where would I post the sale?
Hi tprioleau!

Welcome to forums!

If you want to take out a land loan, you should contact the local banks offering land loans and get pre-approved for it. Depending upon your financial situation and your credit scores, the lender will let you know whether or not you would be pre-approved for a mortgage.

If you want to sell off the property, then you can list the property in the market. You can even contact a real estate broker who can help you with the sale process.

Sussane
Posted on: 23rd Aug, 2010 08:24 pm
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