Monday, June 28, 2010

Official shift from construction mortgage today!

This feels so much better.  For one thing, the rate on a conventional mortgage is what the market is offering rather than the high interest a construction loan uses.  Also, on a construction loan all you pay is interest so it just builds up without any pay down of the amount owed.  The transfer was treated as a re-finance so I had to do a closing with title search, etc all again. 

And, with the weather so hot and dry, there is no rush to get landscaping done now.  I can put that off until fall and really know what should be mulch, what should be foundation planting, and what needs to be crushed rock.  In other words, I need a design but I can take my time and get something pleasing and functional.

1 comment:

俊坤戴 said...

生存乃是不斷地在內心與靈魂交戰;寫作是坐著審判自己。......................................................................