Can I Buy Now and Build Later?
AgChoice Farm Credit
October 29, 2020
Is it a good approach to buy land now and later build a home on the property? Our team answers that common question and offers advice if a property purchase is in your future.
Many people ask the question if they should buy land now to build their home later, or if they should just wait and do both at once. What guidance do you give potential borrowers when they ask you this question?
It’s really up to the potential borrower about what works best for them – either buying the land now and building in the future, or doing both at once.
There are lots of reasons why someone may be ready to...