Pre-purchasing items for new home construction
5 years ago
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Pre-wiring an FM antenna in new construction
Comments (2)You'll get better FM reception if you place your antenna in the attic, not the wall. You would get even better reception if that antenna were placed on your roof but, understandably, many people don't want to do that, Wire your antenna with RG6 coaxial cable....See MoreNew construction: pre wire question
Comments (4)I would have Ethernet cat 5e or 6 runs laid and supplement with Wifi as it will be unlikely to get good whole house coverage with Wifi routers. Wifi Throughput drops as devices are added and/ or the distance from the Wifi router increases. In addition, there are potential security risks depending on the wireless security used....See MoreHelp with the purchase of a custom home pre-sale
Comments (25)Rrah: the 75k we will have for DP is independent from our emergency savings, which is not the amount you suggested but is a number we are comfortable with. Over the past five years we manages to dig ourselves out of a MAJOR financial mess. We've paid off substantial debt all while managing to save and pay cash for both the unexpected and expected expenses. I feel good with where we are at and how we are doing. We may end up waiting longer and saving more for our next home, as the more I research the more I think the home we want will cost more than initially anticipated. We have to balance that though with the risk of rates rising. Our DTI is low, but when we purchase another home we will be keeping our current one so we will be approaching the upper limits of acceptable DTI ratios. If rates have increased substantially I think it will essentially negate any increased savings we put down. It's not as if we are acting today anyhow. We are not yet at the three year mark and we cannot do anything until then. And it's probably all a moot point unless the builder carries the contruction loan. For now I'm trying to determine if a builder carry scenario is a viable option (sounds like it might be) and determine how much we might be looking at to build. We are definitely not as risk adverse an many on this forum probably are. Not to say we haven't learned from our past mistake- we have and have moved forward doing things differently. However, we are okay with taking on another larger mortgage given that we have no other debt and because if we wait too long rates might inhibit us from buying as much house as we would like. I do appreciate all the advice given and I have much to think about, so thank you,...See Morebuilding house? Pre-Termite treatment? Pre-treat new construction?
Comments (9)Just because you aren't required to be inspected doesn't mean that there are no building codes applicable to your project. All 50 states are covered under national building codes. Just some locations lack enforcement. Also, would you want to live in a home that was built below code? Code is merely the lowest possible method of ensuring your safety in your home. Most people value their family above the cheapest way of constructing a project, even if it's unsafe....See MoreRelated Professionals
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