Ask Experts Questions for FREE Help !
Ask
    judybayne's Avatar
    judybayne Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Apr 13, 2009, 01:07 PM
    Want to buy other half of land I owen
    I own half of a piece of property I want to know if my half of the property will stand good to buy the other half.
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
    Uber Member
    		  
    #2

    Apr 13, 2009, 01:15 PM

    I don't know what you mean by "stand good." What are you trying to do?
    judybayne's Avatar
    judybayne Posts: 2, Reputation: 1
    New Member
    		  
    #3

    Apr 13, 2009, 01:20 PM
    I have a piece of property that my dad left to me and my brother so we each own half of the property I want to buy his half but I want to see if I go to a bank if my half will be collateral for his half.
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
    Uber Member
    		  
    #4

    Apr 13, 2009, 01:22 PM

    Okay, got it - it will depend on the bank and these are certainly difficult financial times but I don't know why not. If the property is 50% yours, no mortgage, I would think you would be a great candidate for a loan - 50% down? They should jump on you!

    (So to speak)
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
    Uber Member
    		  
    #5

    Apr 14, 2009, 06:49 AM

    Hello Judy:

    In the US, most banks won't lend on UN-improved property. Why don't you borrow the money from your brother and make payments to HIM?

    excon
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Mythological creatures half human half animal [ 14 Answers ]

What are they called? There is a general therm for all of them, and each type also has an additional name. Some of them are half horse half human, others half goat half human etc..

What do you call a half man and half goat in mythological times? [ 8 Answers ]

Please help not sure what it is called.

70's or 80's half animated half real movie [ 6 Answers ]

I remember that cartoon/ movie I used 2 watch all the time. I don't remember title anymore. A boy of 11/12 talks with a friend on the phone, his mom goes 2 work. Suddenly a big red box with a ribbon appears in his room. He unpack it, and there is somekind of car ramp and little red cabrio. He gets...

My Half Dachshund Half Chihuahua has potty problem! [ 3 Answers ]

Hello my My Half Dachshund Half Chihuahua is a great dog but when it comes to the potty he is not good. He is let outside every hour but sometimes he pees in the house. I stay with him outside for 30 minutes and let him inside. I have no solution what should I do? :confused:

View more questions Search