Can anybody explain how a construction loan works?

We are in Cottonwood which is just south of Sedona. It gets over 100 degrees on the reg from late June into early October.

Honestly I don’t remember a lot of houses with pools, more in Sedona than Cottonwood. Good info on the hidden costs, I’m going to call the pool builder that my contractor will use.

Girlfriend doesn’t even want an above ground hot tub, won’t even bring up an above ground pool. Maybe we’ll compromise and I’ll install an in ground hot tub and no pool.

I’ll ask my builder about that.

Around here, most of the new houses, and those replacing roofs, are going to TPO roofs (membrane). More expensive but they last longer than tar and gravel (tar is not what it used to be). We replaced our original tar and gravel with TPO about 10 years ago because I was getting tired of going up there a few times a year to check for cracks in the tar. With a TPO roof, I suspect the panels would be installed first and the roof laid over feet of the panel. We went with a heavier thickness TPO from GAF that has a 20 year factory warranty.

If you can go off grid with battery backup or sell your excess electricity to the utility, I would go with a large solar array.

I believe he’s doing TPO. Contractor said nothing will beat a 30 year concrete tile roof but this should be pretty durable. Interesting point about large solar and batteries, could be pricey. I installed $11,000 worth of solar and lithium batteries in my RV and it’s the best money I’ve spent on it.

Fun fact, my 5th wheel has a TPO roof and I believe it’s warrantied for 10 years. It’s a new technology in the RV world.

I know. We have considered just solar, but even that alone makes no economic sense for us. Going off grid will never make economic sense for us. Maybe, only maybe, if we were building a new house and could sell our excess to the electric company.

Tax incentives could make it work but remains to be seen if they survive Trump. I’ve got about 6 months to make a decision.

Make sure look look at tax credits. State rebates. Etc.

Not available for me since my RV is not my home. There might be a time in 2025 where we’re living in it for a few months, see if i can get some credits.

No for your home.

Yup, will only do it if the money makes sense. Id need ROI in 5 years or so after credits.

One thing i found interesting is a lot of the houses for sale out there had a leased solar system. So if you didnt assume the lease, the solar would be removed on a house you bought.

Or, depending on the lease agreement, the seller has to get the buyer to agree to assume the lease payments. And that’s after the company that installed the system got whatever credits were available to solar owners. That’s why solar should be purchased, not rented.

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If you are going to live there til you die, yes.
You won’t get your money back in resale

Never understood leasing anything unless it makes sense for a business.

Too soon to tell. Love visiting AZ but may not like living there.

You don’t want to keep it.

Solar on the house i want to keep.

I think the technology is stable enough to do it.

Typically when technology is new, it’s suggested you lease it. That way you’re not buying outdated tech.

Electric cars are in the middle is that. Some experts suggest leasing. Others suggest buying.

The idea is next week if they come out with a new car for half the price and double the range, you wouldn’t be stuck with the old tech

Why would you spend all the time and money to build a home from the ground up in an area that you don’t know that you like?

We love it but facts change. We already know we need to leave for the 2 hottest months of year and im okay with that.