re: Looking to build a new home and looking for some advice on how to go about it

quote:

---

If you need to secure the lot now due to a hot market or specific desire, then go get it now.

---

Not a big issue here thankfully

quote:

---

You also mentioned cash. Either way the cash is ultimately going toward the mortgage. So from a financial perspective, you’d want the cash earning interest for you until the borrowed money is more expensive than the cost to use yours.

---

Makes perfect sense. I would want to get with a builder shortly after acquiring the land if I went that route. I'm not in a huge rush, just doing some preliminary research. I think I'm already set on the builder I want to work with, just trying to understand the process as it is new territory for me. My previous home was already under construction when I put a contract on it so didn't have to worry about the lot.