Along with getting the plans and rough placement underway, we have also been working on paying off the land in a more affordable way. Based on some equity in our current home, we decided to take out an equity line at a lower interest rate to pay off the land loan. This will save us quite a bit, and be available to us as we pay off the land as quick as possible for aiding in some of the construction costs.
After meeting with John, we have decided not to clear anymore acreage at this time, and to let the next project be the driveway. We are hoping to get that done in the next few months.
No comments:
Post a Comment