Quote (Boniface @ Mar 28 2017 10:21pm)
Buying a land is always a good thing in the end. Before thinking of buying it, go and walk it. See if there is trash or something.
Check out the neighbours...
I totally would, but I would have to fly there, probably use taxi/Uber to get there, hotel and all of that. Would cost me like $2.000 ish just to check it out. That's like 10% of the actual land lol
If my cousin didn't purchase the one next to it, I wouldn't even consider it tbh. Just knowing someone there is all I would need.
Quote (stupidkid282 @ Mar 28 2017 10:22pm)
land in my town is currently selling for $200,000 for 2 acres (2 acre minimum zoning)
That's pretty lightly wooded. I would be concerned with that slope though. It would some engineering, walls, fill for your house.
The price is right though, seems like a great deal. I would try to pay it off asap and it seems you'll be spending 30% more in interest.
Yeah I would not spend all 15 years to pay it off. If I had a better income I would definitely buy it right now(I'm making like $200 a week or so, working part time).
I'm excellent with money, so instead of just sitting in the bank doing nothing, I guess it would be worth the "risk?" to buy it just for the future.