The good news is that I’ve received my preapproval from the mortgage company. The bad news is that’s it already July.
I’ve got to hurry to see if I can move in by end of year.
The next step is find land. The mortgage company was kind enough to set me up with a real estate broker for northwest Indiana. She seems okay but time will tell. I already increased my budget from $30,000 to $50,000 to find land. I have no intention of spending $50,000 for the land but just want to see what’s out there. I have to close on land within 90 days of the mortgage preapproval if I understand the terms correctly so I’m already feeling pressure.
The other thing I’m watching is the China tariffs since I planned on sourcing as many materials as possible from Alibaba.
We’ll see. I’m touching base with the real estate broker this week to see where we stand on land. Will update then.