Hello, looking for different points of view on this. So a friend,realtor, purchased a vacant lot, USDA eligible for financing a construction loan. Realtor teamed up with builder to list one of their models on the lot. Therefore, the listing on the MLS is a specific model that is not under construction but rather listed as the house that can be constructed for the buyer.

What's limiting the seller and agent is that a construction loan or cash will be required for the buyer to begin construction.

So, the lot is not being sold as land but as a house with no construction started.