the area that we are looking to build only uses 8 builders that have been around for many years. i trust that all of them are good and would be around to take care of issues that might arise.
one more question that i have is on the financing of the home. the agent from the companies have told me that the construction company will take on the loan and that they will require a 10% down payment and that we will pay for the house at the end with a traditional mortgage. But what does it mean to have the interest of the loan "built into the price of the home"? - Fri Aug 15 2008, 18:38
thanks so much for the response. i do appreciate them. i do wonder, how much "padding" should I include? I have set aside a budget and i have been upfront with the two builders that i am considering about the amount. both builders said that it can be done with the lot and the type of home that i want. but i wonder if there are going to large costs that i am not foreseeing that might hit us in the end. - Fri Aug 15 2008, 18:28
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