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re: Tigers

Posted on 3/20/19 at 6:42 am to
Posted by Jaspermac
Texas
Member since Aug 2018
423 posts
Posted on 3/20/19 at 6:42 am to
Do you plan on paying it off before you build or rolling it into your mortgage?

I would keep as much cash as I could going into building if you are not going to pay it off.

We were able to pay ours off prior to building and it made a big difference in borrowing to build
Posted by way_south
Member since Jul 2017
824 posts
Posted on 3/20/19 at 7:16 am to
We paid our lot $99k off in full before we started looking at building. Now we have sticker shock from builders, it's amazing what they want to build a place now. I don't want builders grade, but don't want top of the line either. I am almost ready to wash my hands of the process, sell the lot, use that money as an extra down payment and buy something done.
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