Best Way to Buy Land Bank Property
You should read the fine print before you sign anything
Get a clear understanding of what you are signing up for
Some homes may be technically habitable, but some require work before you can move in
If restorations/renovations are needed, they must be completed by a certain date
It is possible that the homes do not have electricity, plumbing, or kitchens
Some land banks hold open houses, while others require appointment requests.
Other land banks set a minimum price and auction the property, while some list houses for specific prices
The application process will likely involve filling out an application either way.
During the application process, you will likely be asked to submit a work plan along the way.
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