IMHO it's better to build than buy right now. Yes, it will take a longer time to

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May 11, 2022
10:47:40am

BlooCoog Truly Addicted User

IMHO it's better to build than buy right now. Yes, it will take a longer time to

get it done...in Utah I'm being told 8-12 months if you're using a well established large-scale developer (as opposed to doing it on your own, like a one off custom home). But better to pay 150-200k more for a brand new house than to buy some of the overpriced crap older homes out there.

This message has been modified

Originally posted on May 11, 2022 at 10:47:40am

Message modified by BlooCoog on May 11, 2022 at 10:55:52am

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BlooCoog

Previous username: BlooCoug
New username: BlooCoug
Bio page: BlooCoog
Joined: Aug 27, 2011
Last login: Sep 12, 2023
Total posts: 0 (0 FO)

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Messages

Author

Time

<< Deleted >>

materialized

5/11/22 10:41am

My biggest worry would be the interest rate between now and when it's actually

5/11/22 10:42am

You can do a one-time lock that converts to a fully amortized loan after

garyfan

5/11/22 12:40pm

Seems like everybody is a little uptight today. Twas a joke.

IGotGoodGifs

5/11/22 10:43am

Don't know why you posted an eyeroll. Everything I posted is true.

IGotGoodGifs

5/11/22 10:46am

So him simply asking "where" was crossing the line and none of his business?

Desert Rat

5/11/22 10:48am

RE: So him simply asking "where" was crossing the line and none of his business?

IGotGoodGifs

5/11/22 10:52am

RE: Yes, alot, big, none of your business. Hope that helps.

slappy

5/11/22 10:53am

RE: Yes, alot, big, none of your business. Hope that helps.

IGotGoodGifs

5/11/22 10:54am

What market are you trying to build in?

CrimWalCoug

5/11/22 10:45am

In addition to the things you mentioned, there is a huge problem right now in

crack

5/11/22 10:46am

Our remodel last summer & fall took at least twice as long. Positive note: drove past a full lumber yard of trusses

Soupie

5/11/22 11:08am

IMHO it's better to build than buy right now. Yes, it will take a longer time to

BlooCoog

5/11/22 10:47am

I wonder if he is talking build as in building a custom home using his own

crack

5/11/22 10:51am

Agreed. That’s why I qualified it. I’m guessing a custom home by a specialty

BlooCoog

5/11/22 10:55am

This was our decision as well. We started the process in September of last year and should be closing mid July.

5/11/22 11:01am

I wouldn't build right now. Like everything else, skilled construction labor is

Skeptical Optimist

5/11/22 10:47am

Yes, but I went under contract in May 2020, so my info is ancient history to you

NOCAL_YFAN

5/11/22 10:48am

About 2 months away from finishing. Most likely will cost 50,000 to 100,000 more

PKCoug

5/11/22 10:52am

Last year. 3m. 7000 ft2. Idaho. Huge headache. Prob would be 25% more now

cougfanz

5/11/22 10:58am

Closing on our build in Utah County in July...

5/11/22 11:00am

I was hoping to have my basement finished this summer, but I am thinking of

Ojiisan

5/11/22 11:05am

I was too. I'm going to try and do it myself over time. Should save me

Adwight

5/11/22 11:30am

Got in for ~525k a year and half ago. Worth close to 850-900k right now.

Adwight

5/11/22 11:29am

If you are in Utah County try Home Sweet Home by Mitch. They are great

5/11/22 11:47am

After doing a massive interior renovation in the last year, here’s my advice

Medute

5/11/22 1:10pm

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