Sep 17, 2019 11:38 pm
First time poster absolutely love the forum.
Been trying to find and answer but couldn't find anything regarding my query.
Basically I'm trying to relocate with my father to a piece of vacant land and build a brand new home.
I recently got an evaluation done and have been told the house we are currently are in will fetch about 850k there abouts.
We are finalizing a few final touch ups on the kitchen and laundry before we throw her onto the market but I have come across a vacant piece of land which I would absolutely love to purchase.
I have tried to get finance but because I recently switched jobs and my father is a pensioner it isn't possible.
I just wanted to ask if there was anyway I could secure the piece of land till I sell my property?
I know I should just sit tight and wait but don't want to pass on it. I have about 30k saved up which I could give as a deposit? Potential of getting another 20k
If anyone could shed some light on the situation it would be greatly appreciated
Re: Trying to buy vacant land2
Sep 20, 2019 4:37 pm
it would depend entirely on the owner. You could tell them that you wanted to make an offer conditional on your existing house selling.
Is this vacant land owned by a person that is up for sale? or owned by a company? or not even up for sale but you want to try and buy it?
I find that companies are generally less willing to wait, because they want to move things fast and get their money. People on the other hand may be willing to wait if they like you.
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