Quote:
Originally Posted by Stilljester
Agree. Based on recent discussions with builders around the lake I would say $325 - $350 is about market.
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Thanks Everyone! I agree that it doesn't seem to make sense unless you have money to burn. If you need a mortgage, there's no way that the house would appraise high enough at those rates to pass the appraisal contingency.
It's too bad, because we like the lot. But, it seems like waiting for an existing re-sale is the way to go.
I really appreciate the discussion!