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.