Build On Your Lot Companies, What's Your Opinion/Experience?

[jimj]

Originally Posted by BoBromhal

Sounds like if you had enough experience and financial wherewithal to do all the things they DON'T do, then there'd be no reason to get them to do what they DO do.

The problem is when you're moving someplace where you don't know anyone in the trades like I did when I built my last house.
Also, owner/builder loans became rare as hens teeth. They're around but the costs of said loan can be prohibitive unlike 14 years ago where they were easy.

[jimj]

Originally Posted by Diana Holbrook

If so, then everything else that still needs to be done is paid outside that financing.

Nope, they're wrapped into the loan, you get bids for the excavation,extra concrete work,electrical for hookup,sewer/water etc and submit them with the house plan.

So far as I'm told 20% down gets the ball rolling.

[rodentraiser]

So basically you're working as your own contractor?