Thursday, September 11, 2014

The Money Puzzle

Today we met with a team about our financing options. We knew it was going to be a little more complicated than a traditional build since there are so many oddities to this project. Regardless, the duo we met with (The Dave Hill team with Bell Mortgage) were extremely helpful (and patient!).

I've worked with Dave in the past, as have friends and family of mine, so I already knew he was great to work with. I just didn't know if he was the expert for this kind of project. However, they have the right people in that office and between them - our questions were answered.

I'll admit, we left feeling pretty good about things. We both have credit scores over 800 (woo!). More importantly, if things go as planned, our monthly payment will end up being about 1/2 of our current monthly payment for a 15 year mortgage (double woo!).

We have our list ready for things we'll need from the build team. Hopefully meeting with them next week, and if the contract is signed, I'll be able to tell you all about that element.

Tomorrow Brent is hopefully going to talk to the people at the City to get some questions answered from that end.

Slow and steady. We'll get there.

p.s. If anyone has any leads about incentives related to building green, please send them our way as well!

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