I'm applying for a land loan; can I use the money for associated costs, like getting utilities on the land?
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My bank is okaying a loan for a land purchase for $50,000 with a $10,000 down payment. We are making an initial offer of $30,000. Does that mean I can use the extra money for associated costs like getting utilities on the land or moving my things out there? Or do I need to repay immediately?
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Answer:
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JohnBoy at Yahoo! Answers Visit the source
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