Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 4 years ago on . Most recent reply

Closing on a lot and new construction loan for a client
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