Tuesday, March 8, 2011

Building a House

Our plan from the time that we moved here was to build a house.  Well, that's really freakin' expensive and I don't know if we're going to be able to.  We're in the process of having our house plans drawn up.  We know what we want but its a lot of square footage and we're not really willing to compromise.  We want a rambler, 3 bedroom, 2 1/2 bath house with a bonus area.  It might simply be out of our price range.

Also, can we get a construction loan with a mortgage on our current land in the amount of almost 88k?  I guess that I need to talk to a banker that does construction loans and see if a lender is willing to take us on as a risk. 

Maybe we never should have taken this on.  I might have jumped in way over my head.


  1. ND Chic, don't give up. Where there's a will, there's a way! Sometimes things just take a bit longer than we had hoped.

  2. Building is scary but fun - we are in about the same place as you. Currently everything is with the mortgage broker and we should hear back tomorrow on approval....

  3. Jan and Jessie, thank you so much. You're right, even if we have to wait a little longer, it will be okay and we will be in the end place that we want.

  4. How much does it cost to building your own house? At least what are the costs that you need to consider?