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re: Is there any benefit to buying a home vs building or vice versa?

Posted on 6/20/18 at 7:02 am to
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 6/20/18 at 7:02 am to
quote:

A local bank will do a. That is how I did it. Big banks blow. One just has to have their ducks in a row.




I could potentially see that for the right banking customer. Would you just get a builders risk policy from your insurer and use that to pull permits?

Edit - I could see small municipalities allowing it but here Davidson Co and Williamson Co would shut you down without licensed GC
This post was edited on 6/20/18 at 7:04 am
Posted by fishfighter
RIP
Member since Apr 2008
40026 posts
Posted on 6/20/18 at 7:12 am to
Yes, it is a PITA to get permits here. I didn't have to do that crap 20 years ago. On my guest house build, I did have to go thru that crap. Took a couple weeks to get thru that. There is a wavier when one is doing the building themselves and one has to do it to local codes.
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 6/20/18 at 7:26 am to
quote:

Yes, it is a PITA to get permits here. I didn't have to do that crap 20 years ago. On my guest house build, I did have to go thru that crap. Took a couple weeks to get thru that. There is a wavier when one is doing the building themselves and one has to do it to local codes.


Just be happy your municipality still allows it, mine would not.

But your post does confirm my first statement, not that you didn't do a fantastic job 20 years ago, but the code requirements for new construction are much more demanding every step of the way. This combined with material improvement is why I'd put new construction over "they don't build them like they used to" mentality 100 out of 100.
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