What did we want in a home? The CC&R's for the property said that it had to be a minimum of 2500 square feet and had to have at least a 3 car garage. After that it was completely up to us.
We called some local architects, they wanted around $15,000 to design a new custom home. What did we want above and beyond what we already had? She wanted a craft room, I wanted the house to have a whole house fan. My Father built one into our house when I was a kid and I knew that a whole house fan was a great way to bring the temperature of a house down with the cool evenings around here. And of course I wanted a big deck for a meal, a snack or just a snooze in the hammock.
In the end we picked a local builder and modified plans that they already had on their website. Plans in place and a down payment made to the builder we were ready to build, right? Not so fast, first it was off to the bank for a construction loan.
A construction loan is sort of like a mortgage, but for new construction. As the builder completes a stage of the build and needs more money to proceed he makes a draw on the loan. The bank sends an inspector to make sure that progress claimed has actually been made and if everything passes inspection the bank releases money to the builder. At the end of the build the construction loan turns into a 30 year mortgage.
How does one get a construction loan? Simple, you just have to go to a bank and submit to a 3 month long financial colonoscopy. Most every day the bank would send me an email detailing what financial information or documentation they required and each day I'd retrieve whatever personal financial information they requested, package it as a PDF and send it back and await the next request. After 3 months of this our construction loan was approved, yay!
Now we're ready to break ground and build, right? Not so fast, now the City's Building Department has to get involved and approve the plans because no construction can take place without a building permit. We were told that between Covid and a crush of new construction the City's Building Department was seriously backed up. Eventually the City wanted some minor changes and they also has a bizarre proposal from the Fire Department that we kill the view and build our home close to the street and build a road with a traffic circle on the hillside view part of the property big enough so that they could turn around a fire engine. That's kind of above and beyond our civic duty. We said no.
After 3 months stuck in building permit purgatory the City gave us our permits and we were ready to break ground and build, right? Not so fast, the builder said that due to inflation and supply chain snafus he was unable to get construction supplies or labor. Concrete was being rationed and he couldn't get any, he said. Could we pick our garage door now? That's because it could take a year to obtain one. He also suggested that we start shopping for appliances immediately as they were nearly un-obtainable. I started to get the feeling that we were building a dacha in the Soviet Union.
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