The land is a property without habitable structures. A raw land is a term that defines a piece of property that is not yet ready for building.The best choice for you is to buy a lot. It is much cheaper and it helps you obtain a construction loan a lot easier. A raw land also requires additional expenses in order to make the piece of land become habitable, and the extra costs are very high. It also implies spending a lot of time and energy.Article Source: http://EzineArticles.com/4969953