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Updated about 4 years ago on . Most recent reply

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Shawn Drumgo
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8
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Closing on a lot and new construction loan for a client

Shawn Drumgo
Posted

Hello,

We have several buyers for a mini subdivision. What's the process, tips or recommendation for having the buyers close on the lot and the new construction loan simultaneously (single close)?

Will we need 2 separate agreements (1 for purchase for lot and 1 for construction) or can we use 1 agreement to cover both areas?

Thanks in advance

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