Posted on: 04th Sep, 2012 07:28 am
I have proeprty on the bIg Island of Hawaii
I submitted plans to the bank to build, the appraisal came in $200k less than what it would have cost to build.
The reason is based on the land depreciation.
I don't have the cash, what are my options?
I submitted plans to the bank to build, the appraisal came in $200k less than what it would have cost to build.
The reason is based on the land depreciation.
I don't have the cash, what are my options?
just answer my q before going forward
thanks
thanks
Welcome MC,
You can contact the private lenders and check out if they will be ready to help you in this regard. However, you will be liable for paying more interest rate on such a loan.
You can contact the private lenders and check out if they will be ready to help you in this regard. However, you will be liable for paying more interest rate on such a loan.