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Construction Loan Closed

by Alison Moore Smith on November 10, 2009

Breathe. Breathe.
This is the third time we’ve built a home and the fourth home we’ve purchased. Never in my life has it been such an episode. This morning we finally closed on the course of construction loan, but not before feeling utterly beat up and screwed over and smacked around.
First, we went through the nightmare of [...]

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Adventures in Downsizing

by Alison Moore Smith on July 14, 2009

Our new dream house did not come in at a dream cost. And so, as I told you last month, we decided to redesign the house. That’s no big deal. We’ve done it so many times already. And we did it endlessly on the first custom home, too.
It’s the time factor that’s killing me. We [...]

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House Do Over

by Alison Moore Smith on June 16, 2009

On Monday we met with the first builder to come up with a bid for us. To say the least, it was disappointing.
The total came in at $804,266. And that’s after we bought the lot for $248,000.
Seriously. We’ve built a million dollar home. And this is not it! This house is the downsize into something [...]

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Hiring General Contractor or Construction Supervisor

by Alison Moore Smith on May 7, 2009

After considering our construction options, we came to the conclusion that acting as our own contractors isn’t in the schedule. We’ve ruled out using an owner-builder system as they are generally structured.
We have been given several references and will be sending out the following letter to them.
If you are a general contractor or construction supervisor [...]

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