Originally Posted by poutanen
Landmark eh? Sorry I'm an internets sluth. I have my ways.
I'm still unsure of if/how to proceed, so we're going to take it really slow and explore all our options. The thought of having a decent trailer/modular on the side of the property to start and then building does take some of the scariness away though. If time goes over you're not stuck with two mortgages, rent, etc.
Right click properties
haha... ya thats the toughest thing I think. In my case Landmark is on title until posession so I'm only in for 5% right now and I don't pay any mortgage payments until then. I don't know how people manage with two mortgages while building, most builders are taking this new approach now. When the house is done we meet with our broker and pick our mortgage and put the rest of our downpayment on it.