In the 6 months of loan and permit prep nothing changed on the property. I was getting antsy, we had already parted with what to me was a tremendous amount of money and time and had nothing physical to show for it. I avoided walking or driving past the property, I didn't want to be reminded. The builder had placed a sign on the property proclaiming that they were going to build that gave the wrong street name, followed by another long pause. And then one day this appeared.
To me that was a sure fire sign that some kind of positive activity involving people was to follow. Woo-hoo! Here we go. And then for a few more weeks nothing happened.
But one day...
The ground was prepped and we were ready to build, right? Not so fast.
Nothing further happened on our land for 2 months. The builder again said that he couldn't get materials or labor, not contrary to what I had been reading. Trucks and building equipment run on diesel which had doubled in price. Inflation was taking off and scarce in demand workers wanted more money. We had signed our fixed price contract with the builder 9 months prior, in other words in this new inflationary world we were going to pay last year's prices for this year's house. That's great if anything gets built.
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