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Rick Blaine Rick Blaine is offline
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Default Buy land and trailer, then build home? Mortgage questions...

krw wrote:

Owning land prior to building
isn't normal these days. I've heard many contractors won't go
there (building on property _they_ don't own title to).


Assuming you want the contractor to do the construction financing, it's normal
enough, but the process has changed. You now have to sign over title to the
property while the home is under construction.

What that does it put the burden of prosecution on you if anything goes wrong.