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Old Jun 28, 2007 | 08:36 PM
  #1  
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Default Woohoo!

The wife and I got some great news today! We were pre-approved to get our home loan, so we are building a new home in Shadow Creek Ranch (in Pearland, not far from where we are now).

Vital specs:
3 bedrooms
2 full bathrooms
2 studies (one converted bedroom, one converted formal living room)
Media room (sweeeeeeeet)
3-car garage (can you say "lift"?)
2800+ square feet (our current home is about 1300)

We are VERY excited, to say the least.

If you want a rough idea of the floorplan, it's a Meritage Home, called the Conway V.

GOODBYE TINY TWO CAR GARAGE!


-Mike
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Old Jun 28, 2007 | 08:43 PM
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Congrats, who do you have doinyour loan. review your GFE real well before you go threw with everything... my company would screw so many people when I worked in the Mortgage industry, be carefull with points and acccepting an Adjustable rate mortgage. Texas dosn't appreciate as fast as other states so you might not build up enough equity by time its time to refi, in fact if its a new development you are more then likely going to loose equity in your property for a few years.

If you want to talk pm me ill tell you everything I know.
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Old Jun 28, 2007 | 10:57 PM
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price?
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Old Jun 28, 2007 | 10:59 PM
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there building it, so i imagine they wouldn't have a price yet. maybe an estimate
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Old Jun 28, 2007 | 11:57 PM
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Originally Posted by WildBills WS6/SS
price?
I'd guess $210-250k, depending on options.
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Old Jun 29, 2007 | 01:01 AM
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Congrats Mike, me and the old lady drove thru there about a month ago looking at homes etc. It's a very nice area and with all of the building/growth that is going to be a stand-alone little town. Let's have a party when they pour your foundation in order to break the neighbors in proper ?!
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Old Jun 29, 2007 | 01:28 AM
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Congrats my friend.... Congrats!!!!
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Old Jun 29, 2007 | 04:10 AM
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Originally Posted by WildBills WS6/SS
price?
Estimate is $242,560. We'll have a better estimate once we're done with the design gallery visits. First one is today (wife is going, I'm not), second one is next Saturday.


-Mike
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Old Jun 29, 2007 | 04:50 AM
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Originally Posted by crsmetal
Congrats, who do you have doinyour loan. review your GFE real well before you go threw with everything... my company would screw so many people when I worked in the Mortgage industry, be carefull with points and acccepting an Adjustable rate mortgage. Texas dosn't appreciate as fast as other states so you might not build up enough equity by time its time to refi, in fact if its a new development you are more then likely going to loose equity in your property for a few years.

If you want to talk pm me ill tell you everything I know.
PM sent.


-Mike
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Old Jun 29, 2007 | 06:01 AM
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Congrats !!!!!!!!
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Old Jun 29, 2007 | 09:41 AM
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Congrats Mike!!!!
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Old Jun 29, 2007 | 09:44 AM
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congrats mike! that is bad ***.
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Old Jun 29, 2007 | 09:48 AM
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Congrats Mike!! Good luck on the building process!
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Old Jun 29, 2007 | 09:56 AM
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Congrats man, no clue where Pearland is, but congrats anyway
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Old Jun 29, 2007 | 10:15 AM
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Originally Posted by Black_Tx_WS6
Congrats man, no clue where Pearland is, but congrats anyway
Pearland is as far south-southeast to Houston as Plano is north-northeast to Dallas.

Congrats.
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Old Jun 29, 2007 | 10:19 AM
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Originally Posted by B04W
Pearland is as far south-southeast to Houston as Plano is north-northeast to Dallas.

Congrats.
That's about the best description I've ever heard... haha - Thanks!
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Old Jun 29, 2007 | 10:22 AM
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Originally Posted by Black_Tx_WS6
That's about the best description I've ever heard... haha - Thanks!


I grew up in Allen and now live in Houston.
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Old Jun 29, 2007 | 10:38 AM
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Originally Posted by B04W


I grew up in Allen and now live in Houston.
Were you an Eagle or did you move before you got that far?
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Old Jun 29, 2007 | 11:33 AM
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Originally Posted by chupr0kabra
Estimate is $242,560. We'll have a better estimate once we're done with the design gallery visits. First one is today (wife is going, I'm not), second one is next Saturday.


-Mike

If your building it yourself does that mean that you have full say over everything that goes in it? If so then I used to work for a guy that does high end custom cabinets and trim. His shop is in Santa Fe. Let me know if you want something like that.

Congrats on the new home!
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Old Jun 29, 2007 | 11:42 AM
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Originally Posted by Randy_S
If your building it yourself does that mean that you have full say over everything that goes in it? If so then I used to work for a guy that does high end custom cabinets and trim. His shop is in Santa Fe. Let me know if you want something like that.

Congrats on the new home!
Kind of, but not really. Meritage is our builder, and the wife unit is at the design gallery. We're somewhat at their mercy, but I'm not sure how much wiggle room we have when it comes to non-structural components.

However, we might eventually have some other shelves and such built, like in the offices.


-Mike
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