06-07-2010 04:59 PM
Does anyone out there have any experience at all with Hi Line Homes, the process of buying a parcel of land and haveing the home built?
Please tell me pretty much step-by-step, what you had to do?
You can also e-mail me at: firstname.lastname@example.org
06-12-2010 09:21 AM
We looked at Hi Line Homes but went with Reality. They are both good companies. With Hi Line, you are responsible for purchasing the land, getting septic/sewer, electricity, and citywater/well to house. They build house but you usually are responsible for construction clean up and painting and other things as the contract states. We purchased our land with a well on it and septic design through our construction loan. You can also use construction loan funds to pay for building permits. Also most important asap is talking to Electric company and getting engineer out because until you have electricity to sight, they cannot start building. Because we already had the well in and septic design done, it cut a lot of time out of the process. Total it took about 6 months from closing on our construction loan to occupancy permit.
06-12-2010 11:06 AM
Thank you. Could you, or could you refer me to someone, who can spell everything out step by step? That's what I really need.
Also, how much down payment was required for your construction loan? You see, I am in the military and am planning to use my VA benefits for this (no down, only a funding fee of about $300.00 I think it is... I'm told that a building/construction loan requires a lot of money up front to secure the loan. VA will not back a construction/building loan.
WE're also looking at existing homes and considering building our custom home later, because of all of the red tape you have to go through when building a home.
Thank you for the input -keep it coming please? Anything you can tell me would be helpful.
06-12-2010 11:13 AM - last edited on 07-29-2010 10:33 AM by CMcConnell
I would be happy to help you. You can reach me at http://www.ziprealty.com/agent/detaylor. We did not put a lot of money up front. It does vary by loan.