Short version of my story:
I bought a cleared lot, perked good, the previous owner got the permits and started with the foundation, lost interest. We made a deal and they gave us the plans they were going build on. I have arranged private financing - no bank involvement - I hold the title to the land and improvements.
Carlton Sheets I aint. More like real estate ignorant. I have only owned one house before. Bought well, lived there 10 years, moved in with my wife, rented the old house to friends and family a few years, sold well-worn to an investor. Not much profit-unless compared to renting.
What I want:
English Tudor farmhouse style - on a simple big box. No exotic roof angles.
Masonry exterior.
Full basement.
private well & septic system.
Geothermal heat pump?
Standard interior trim. standard cabinets. Standard appliances, plumbing fixtures. No exotic wall angles or curves.
Detached garage / shop 1000+ sqft
I started by interviewing the original architect of the PO's plans, and a couple of local custom home builders, but nothing is clicking (aethetically, philosphically nor financially) so far. After reading an article in Popular Mechanics, I am thinking about being "my own general contractor". Just not sure how to start, or IF I have the attitude and people management skills. Subscribed to 2 building trade magazines - bad move - it just makes me change "plans" every month.
There's talk of the housing bubble bursting - what would that mean to me? If I wait 6-12 months will the demand for new custom homes drop such that a builder will be begging for business?
Anybody been here before?