Feb 04, 2015

Checked Out Felch Lot

Drove by the lot on Felch St. near Sean's house and checked it out on Google Street View (amazing resource for research).

We also called Coastline Home Mortgage to startup conversations around financing and how that process would work. So far it seems pretty legit.

Someone did give us advice on the Springfield house and how financing would work with the lien. Apparently a bank will not finance a property if they are not listed first on the mortgage. Meaning, if debts are getting paid off, they want to be paid first before anyone else (before the city in this case). Granted we already rescinded our offer at this point, but it gave us more clarity on our decision to build a modern house like we always wanted.

Posted in Idea stage