Have you thought of buying land?

@ricki_911 (21625)
Toronto, Ontario
June 7, 2016 3:35pm CST
I was thinking something to build up and pay off. I found this 3.38 piece of land about 45 minutes north of me for $60,000. I thought about using it for camping, or getting away putting a trailer on it for the time being. It has 2 ponds, and very well treed lot.
2 people like this
4 responses
• Romania
7 Jun 16
I think is a best ideea. I buy land to but with a house on it
1 person likes this
@ricki_911 (21625)
• Toronto, Ontario
7 Jun 16
Yes, I thought in the future of possible building on it.
2 people like this
• Romania
7 Jun 16
@ricki_911 i think is better with a house on it becouse include project on the house...utilityes...
1 person likes this
@ricki_911 (21625)
• Toronto, Ontario
7 Jun 16
@pufitzamison But the overall cost is $299,000 - $899,000 with house little over budget
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@pgiblett (6524)
• Canada
7 Jun 16
Before you purchase any land you have to ensure that you can use it for the use you intend. Also if you are purchasing land alone it is unlikely you will get a loan to purchase it.
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@pgiblett (6524)
• Canada
8 Jun 16
@ricki_911 That's okay, I just wanted to point that out as many people are not aware of that fact.
@ricki_911 (21625)
• Toronto, Ontario
7 Jun 16
I know they wont give a mortgage, and loan is a certain percentage or they wont least when I talked to the bank thats what they told me.
1 person likes this
@toniganzon (72553)
• Philippines
8 Jun 16
I bought two residential lots two years ago. Now I'm thinking of building a home in one of them.
@jstory07 (140089)
• Roseburg, Oregon
7 Jun 16
Maybe you can put a mobile home on it.
@ricki_911 (21625)
• Toronto, Ontario
7 Jun 16
I thought of that as well. The cost of homes are ridiculous in this area from$299,000 to $899,000.