4 ms·
from what I've seen, you have your order wrong--get the loan before you tear down the old place, unless you have enough money to secure the loan yourself. I've
by abruzzi 6y ago
from what I've seen, you have your order wrong--get the loan before you tear down the old place, unless you have enough money to secure the loan yourself. I've known several people here who started the teardown first, and then tried to get a loan, at which point the bank told them no because the property, with no house on it any longer, was no longer worth enough to secure the loan.