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re: Land financing question

Posted on 10/16/20 at 8:27 am to
Posted by Huntinguy
Member since Mar 2011
1754 posts
Posted on 10/16/20 at 8:27 am to
You've been given sound advice about the two entities that will lock the lowest rates for the longest terms and they are both good.

I'll give you one caveat to that though, depending on the size and the complexity of what you want to do, they both will take the longest to get the deal approved and ready to close.

If you are seeking to move quickly on something, I'd finance with a local bank short term and then roll it over to LLB or FSFC.

Good - fast - cheap:pick any two.

The two mentioned are good and "cheap" (lower rates), what I mentioning is good and fast, but not the cheapest.

Choose accordingly.


If you are looking for a real estate agent, find one that specializes in what you are buying, that will listen and not try to sell you something you aren't asking for.
Posted by Contender01
Member since Dec 2017
248 posts
Posted on 10/16/20 at 2:50 pm to
i used southern ag and have suggested them to 2 other people, all transactions went great. One thing I would add is work in a survey into the deal.
This saved me a lot of trouble, and you know exactly what you are buying. its worth the cost.
I paid out of pocket, but if I would do it again, I would make offer with seller paying
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