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Mortgages for Vacant Land Coming Back

Posted By Wally Reule @ Jun 12th 2016 11:29pm In: Events

For a long time after the housing bubble burst almost ten years ago, it was nearly impossible to get financing on vacant land. No wonder, as land values in Sedona tumbled even more than home values. Well we are glad to see that some local lenders are again financing land purchases. That should be a big help for those who can't find the home they are looking for because of the low inventory, so are thinking about building their own.

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