Why you should BUILD in 2008
If you are one of the many people out there who are struggling to make the payment on your vacant lot, listen up! Obviously the market has slowed down, and lots especially aren't selling very quickly.
Have you ever considered building a house on that lot?
Or if you have, maybe it's time to get serious about it!
It's not as hard as some people think! The thought of building yourself can certainly be overwhelming, but there are many systems and people in place to simplify the process. We have multiple general contractors and owner-builder companies to choose from.
There are many advantages: 
- No more lot payments during construction! We can set up an interest reserve account for you to make the mortgage payments during construction - just think of the money this will free up!
- It tends to be easier to sell a house than a vacant lot
- You create more cash flow
- Can be done with little or no money out of pocket
- The cost to build is very low right now due to the slower market
- You can be reimbursed for any prepaid costs paid out of pocket
- Interest rates are LOW for construction loans
- You gain instant equity in your home!
For many, building a house on their lot is a great solution!
Give us a call to find out where to start!
Katie Marchione
Community First Financial, LLC
7575 E. Redfield Rd. Suite 235
Scottsdale, AZ 85260
480-305-8900 xt. 315
480-393-8801 fax
888-542-2288 toll free
http://b10.mail.yahoo.com/ym/jbmconstruction.biz/www.communityfirstfinancial.com
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