The construction aspect of it, which many banks have swayed away from is the main piece you're going to be looking to find. 

Yes, I am talking with an attorney tomorrow as there are a lot of pieces here.

There was a great feed the other day with about 35 awful pieces of advice which mostly noted: "quit claim deed the property"...

Where in PA is the small piece of property you're looking to buy? 

Imagine my surprise as I walk up to this structure, thank god I was "awake" enough to be able to notice this beautiful piece of Architecture:The enigma that was Roark hopped out at me in real life in the form of his temple, in reality it was designed by Frank Lloyd Wright.

Much of the negotiations during due dilligence depend on demand for that specific property- hopefully your agent has build leverage in to your contract that they can use to help you with this piece. 

When I look at the balances of $290K and $236K on my closing doc, I find that it is about 85 regular payments (7 years) shaved off the mortgage at an average of $825 interest per month (first payment in range $907 / last payment in range $743). 85 payments at an average of $825/month is $70K worth of interest savings in only two years.

My wife and I are looking to purchase a piece of vacant land from her parents. 

A nightstand or dining with 70 pieces is a major bottleneck and keeps your team from moving onto other tasks, whereas one that is already assembled might cost $50-100 more but only takes minutes to unpack. 

You could get started picking up various pieces while it closes.