Bitcoin_Baba Posted April 3, 2018 Report Posted April 3, 2018 Maa oorlo oka 0.33 acre lot sale ki undhi oka community lo, two advantages for buying it 1. Adhi manchi neighborhood lo undhi 2. I can get it constructed with any builder locally Oka 2-3 credit unions ki call chesa loan kosam, but andharu land meedha loan ivvamu annaru. Did anyone of you bought just land? Konte loan ekkada theeskunnaru? Quote
Kool_SRG Posted April 3, 2018 Report Posted April 3, 2018 Banks lo try cheyyi bhayya, ippudu seperate ga Land loans ani start chesaru.. https://economictimes.indiatimes.com/wealth/borrow/how-is-land-loan-different-from-home-loan/articleshow/47597218.cms https://www.hdfc.com/plot-loans-salaried Else if you feel land is worth buying take personal loan else... Quote
BostonBullodu Posted April 3, 2018 Report Posted April 3, 2018 20 minutes ago, Bitcoin_Baba said: Maa oorlo oka 0.33 acre lot sale ki undhi oka community lo, two advantages for buying it 1. Adhi manchi neighborhood lo undhi 2. I can get it constructed with any builder locally Oka 2-3 credit unions ki call chesa loan kosam, but andharu land meedha loan ivvamu annaru. Did anyone of you bought just land? Konte loan ekkada theeskunnaru? usually lands ki loans ivvaru if you are NRI by any chance forget it chala sodi untadi process okavela ichinaa by any chance... Quote
Bitcoin_Baba Posted April 3, 2018 Author Report Posted April 3, 2018 2 minutes ago, Kool_SRG said: Banks lo try cheyyi bhayya, ippudu seperate ga Land loans ani start chesaru.. https://economictimes.indiatimes.com/wealth/borrow/how-is-land-loan-different-from-home-loan/articleshow/47597218.cms https://www.hdfc.com/plot-loans-salaried Else if you feel land is worth buying take personal loan else... Bhayya thank you for responding kaani e lot ochi US lo, andhuke local credit unions lo try chesthunna. Ippudu lot koni konchem leisure ga construction cheddam ani plan. Lot with construction loan easy gaane dorukuthundhi, but just for land ante dorakatle Quote
BostonBullodu Posted April 3, 2018 Report Posted April 3, 2018 1 minute ago, Bitcoin_Baba said: Bhayya thank you for responding kaani e lot ochi US lo, andhuke local credit unions lo try chesthunna. Ippudu lot koni konchem leisure ga construction cheddam ani plan. Lot with construction loan easy gaane dorukuthundhi, but just for land ante dorakatle us lo land aah no idea baa inka manollu antha develop kale anukunna once again Quote
Bitcoin_Baba Posted April 3, 2018 Author Report Posted April 3, 2018 Just now, BostonBullodu said: usually lands ki loans ivvaru if you are NRI by any chance forget it chala sodi untadi process okavela ichinaa by any chance... Yeah true, evvadu ivvatle. Riverbank Finance LLC veedu isthadu anta call chesa but you need to pay 35% down and down chesaka nee loan amount should be $50k and above. Nenu choose lot worth $60k so nenu 35% down chesthe loan amount $39K daggara untundhi so not eligible annadu Quote
Kool_SRG Posted April 3, 2018 Report Posted April 3, 2018 12 minutes ago, Bitcoin_Baba said: Bhayya thank you for responding kaani e lot ochi US lo, andhuke local credit unions lo try chesthunna. Ippudu lot koni konchem leisure ga construction cheddam ani plan. Lot with construction loan easy gaane dorukuthundhi, but just for land ante dorakatle Economic times link lo vesaadu NRIs ki kuda em process something...Yes Land loan antha easy kaadu. Quote
Kool_SRG Posted April 3, 2018 Report Posted April 3, 2018 13 minutes ago, Bitcoin_Baba said: Bhayya thank you for responding kaani e lot ochi US lo, andhuke local credit unions lo try chesthunna. Ippudu lot koni konchem leisure ga construction cheddam ani plan. Lot with construction loan easy gaane dorukuthundhi, but just for land ante dorakatle Ok US lona...Manam eppudu daanni chusi eragam le Worth anukunte Personal loan lantidi teesuko bhayya.. Quote
iam_who_iam Posted April 3, 2018 Report Posted April 3, 2018 16 minutes ago, Bitcoin_Baba said: Bhayya thank you for responding kaani e lot ochi US lo, andhuke local credit unions lo try chesthunna. Ippudu lot koni konchem leisure ga construction cheddam ani plan. Lot with construction loan easy gaane dorukuthundhi, but just for land ante dorakatle zones manchiga chck cheysuko man, nuvu multifamily home lu anni zones lo kattalev. single family homes kooda anni lands lo kattalem anukunta and chala req unnay house built cheyadaniki like house front intha place undali back intha ani Quote
Hydrockers Posted April 3, 2018 Report Posted April 3, 2018 4 minutes ago, Kool_SRG said: Ok US lona...Manam eppudu daanni chusi eragam le Worth anukunte Personal loan lantidi teesuko bhayya.. nuvvu ekkada ba UK/india? Quote
Bitcoin_Baba Posted April 3, 2018 Author Report Posted April 3, 2018 Ippude local lo unde oka credit union tho matlada 10% down, 3.4% APR for 3/1 ARM Quote
Bitcoin_Baba Posted April 3, 2018 Author Report Posted April 3, 2018 2 minutes ago, iam_who_iam said: zones manchiga chck cheysuko man, nuvu multifamily home lu anni zones lo kattalev. single family homes kooda anni lands lo kattalem anukunta and chala req unnay house built cheyadaniki like house front intha place undali back intha ani Yeah bhayya anni verified, my buyer agent owns a housing construction firm, thanu anni verify chesindhi. Idhi distant ga ekkado ledhu, existing neighborhood lo oka piece migilithe 3 lots chesi selling landlord. Thank you for the advice though Quote
iam_who_iam Posted April 3, 2018 Report Posted April 3, 2018 Just now, Bitcoin_Baba said: Yeah bhayya anni verified, my buyer agent owns a housing construction firm, thanu anni verify chesindhi. Idhi distant ga ekkado ledhu, existing neighborhood lo oka piece migilithe 3 lots chesi selling landlord. Thank you for the advice though nice, nenu same plan cheysa but workout avvaledu as I am in hurry, so house ey konna.. bu its good idea, ATB Quote
Bitcoin_Baba Posted April 3, 2018 Author Report Posted April 3, 2018 Just now, iam_who_iam said: nice, nenu same plan cheysa but workout avvaledu as I am in hurry, so house ey konna.. bu its good idea, ATB Yeah current market lo maa oorlo anni kottha neighborhood lo lots anni prime price ki selling $100k minimum, so idhi koddiga better price dorukunthundhi and construction kooda manaki nachina builder tho vellochu ani ila decided. Thank you bhayya Quote
Bitcoin_Baba Posted April 3, 2018 Author Report Posted April 3, 2018 13 minutes ago, papampasivadu said: Private lendors untaaru...konni places lo hard money lenders antaaru...vallu istharu loan construction ki...Apr koncham ekkuva untadhi but construction max 1-2 months lo aypothe no problem. contractor gadu rodd gadu dorikadu ante bokka paduddhi...there are contractors who can turn over in 15 days also. once construction complete, banks will be happy to refinance the loan and you can take it from there... Yeah idhi true, already colleagues vellina builders or reviews choose veltha locally ani anukuntunna, thank you for the info bro Quote
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