Before we can dig the hole, we’ve got to secure a construction loan. No matter how good our credit is, no matter how big our down payment, no matter how secure our income, this step has always just been nerve-wracking to me. It keeps me up and night and gives me ulcers. Mostly, I suppose, [...]
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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 [...]
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When we sold the first dream home, we used the equity to pay off the mortgage, of course, but also both of our auto loans, and every drop of consumer debt we had. Being personally debt free brings amazing freedom and peace of mind. Dave Ramsey has it right when he has callers scream, “We’re [...]
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After trying the credit report that gives no scores, I’ve turned to the commercial world of credit report offerings. I’ve narrowed the myriad free credit score offerings to three. Each one offers a slightly different twist and they all have fine print you must read carefully, or you’ll be on the hook for ongoing payouts.
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One of the most stressful parts of home building can be the financing. When you buy an existing home or a home through a large-scale builder, there are few unknowns. In those cases, financing can be just a matter of researching interest rates, filling out an application, gathering a few documents, and waiting for the [...]
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