Friday, January 28, 2011

Foreclosure Lot for Sale, Bloomington, MN


CONTRACTORS CAPITAL CORPORATION

Lot For Sale in Bloomington, Minnesota
Contract for Deed / Seller Financing Available

Please see the Build Your Own Home link for more details.

#: 8204
Legal Description : Lot 4, Block 1, Sean Conrade Addition
Address: 10528 Morgan Circle, Bloomington , MN
Discounted Price : $184,900.00 Original FMV : $220,900.00

Property Description:
Lot = 50 x 158 x 76 x 163 x 112; city sewer and water

It's a great time to purchase land -- plan ahead for your future

For more information or for a personal showing, please contact:

Brandon 763.784.3400 or 612.80139124 or email: brandon@contractorscapital.com

Jerry 612.867.4141 or email: jerry@contractorscapital.com

Foreclosure Lot for Sale, Blaine, MN


CONTRACTORS CAPITAL CORPORATION

Foreclosured Lot for Sale in beautiful Blaine
Contract for Deed / Seller Financing Available

Please see the Build Your Own Home link for more details

Loan #: 3194
Legal Description : Lot 5, Block 2, The Sanctuary 5th Addition
Address: 2674 103rd Court North, Blaine , MN
Discounted Price : $ 94,900 Original FMV : $ 125,000.00

Property Description:

Lot = 84 x 103 x 113 x 103; city sewer and water

It's a great time to purchase land -- plan ahead for your future

For more information or for a personal showing, please contact:

Brandon 763.784.3400 or 612.801.9124 or
email: brandon@contractorscapital.com

Jerry 612.867.4141 or email: jerry@contractorscapital.com

Thursday, January 27, 2011

What is a Construction Loan?

A construction loan is a type of short-term loan that is meant to last only through the construction process, which is usually a few months. Typically, once the construction process is complete, the construction loan gets paid off at the time permanent financing (or more traditional, mortgage-style financing) is put into place.