View Single Post
  #16  
Old 11-14-2014, 01:32 PM
bjhooper82's Avatar
bjhooper82 bjhooper82 is offline
Sailfish
 
Join Date: May 2011
Location: Lafayette
Posts: 4,910
Cash: 3,913
Default

Quote:
Originally Posted by swamp snorkler View Post
Serious Question,

How does the final appraisal cost of these homes factor into your build cost? For example, I know 2 people here recently who have built beautiful custom homes in Lafourche Parish and have both had to come up with a substantial amount of out of pocket money to pay the contractor because the bank would not loan them the final amount based on final appraisal. Are you seeing this in the Baton Rouge area?


Also, my nephew got out of HS last year.... he doesn't know what he wants to do for a living. I told him go to work for a General Contractor building homes and learn the business, in 15 year start your own company....... do you think that's a wise career choice?
Not being a smart @ss but I think the people that can afford to pay for the types of houses pox is building don't deal with banks very much. Maybe I'm wrong though.
Reply With Quote