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Real Estate
Reply to "Things to know before buying a teardown in Arlington, mortgage and otherwise"
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[quote=Anonymous]Considering making an offer on a $850K teardown but before we pull the trigger, hoping to hear from those who are familiar with the process Do we put 20% down and get traditional mortgage, then find a builder to tear down and build and get a separate builder loan? How does it all work? And are there things we should look into regarding the lot prior to purchasing?[/quote]
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