Yay! Our offer was accepted! Our own 3.3 acre parcel. Amazing! Now we have to close which should happen around April 8. Then after we close we have to clean the lot up and decide if we are going to build a house or buy a mobile home.
Mobile Home
Pro's:
1. They are cheap! We can get a really nice one that has a walk in pantry, living room, family room, 4 bedrooms, 2 bathrooms, etc. Plus we could have our mortgage paid off a lot sooner.
2. We could move right in. We wouldn't have to stay with anyone.
Con's:
1. It's a mobile home. Their value depreciates the minute it leaves the lot. Kind of like a car.
2. It's not made as well as a stick built home.
Building a house
Pro's:
1. I've always wanted to build my own home just the way I want it.
2. It will be built better than a mobile home.
3.It will hold it's value better than a mobile home.
Con's:
1. We will have to live with family while it's being built.
2. We may not have enough money to finish it.
3. We will have a higher mortgage payment.
4. I will have to drive the kids to and from school everyday from Gilbert for at least 2 months respectively.
I don't know. What do you think? What would you do?
No comments:
Post a Comment