{"id":40,"date":"2012-08-25T06:09:46","date_gmt":"2012-08-25T06:09:46","guid":{"rendered":"http:\/\/jcremin.com\/house\/?p=40"},"modified":"2013-10-02T15:58:13","modified_gmt":"2013-10-02T20:58:13","slug":"august-2012-planing-interest-rates-too-little-time","status":"publish","type":"post","link":"http:\/\/jcremin.com\/house\/?p=40","title":{"rendered":"On and Off Throughout 2012 – Planning, Interest Rates, Too Little Time"},"content":{"rendered":"

The Winter of 2011\/2012 was unusually busy for business, and the summer is always crazy, so after returning from our honeymoon, we only had limited time to talk about the house.\u00a0 We did settle on what we thought was a good floor plan, and had drawn up the house as a basic but spacious house with a full basement.\u00a0 We still figured there was plenty of time to figure out the details because we decided we would break ground on the project in May of 2013.
\n
\n\"fire\"<\/a><\/p>\n

In August of 2012, we were sitting outside around a campfire, and we started talking about how interest rates had hit record all time lows every week for many weeks in a row.\u00a0 We looked at each other and said something like “lets try to build our house this fall”.\u00a0 Keep in mind it was already August, so the clock was ticking fast before Winter would be back, so house planning suddenly became our highest priority.<\/p>\n

\"fredgraph\"<\/a><\/p>\n

We finalized a lot of the big items and started getting bids for construction of the house, while also starting the process of getting pre-approved for a loan.\u00a0 We got the pre-approval, and bids started rolling it.\u00a0 We were still missing bids on a few of the big items, and we had blown way past what we planned on spending and way past what our approved loan amount.\u00a0 We knew we were going to have to make some drastic changes to our plans in order to bring the price back within our budget, and we were rapidly running out of time to do so.<\/p>\n

\"over_budget_pic\"<\/a><\/p>\n

We started tweaking some of the finishes and cutting back on some of the things we WANTED but knew we didn’t really NEED, but in the end, we were getting less and less excited about our house and ultimately decided that trying to rush into building (despite the low interest rates) wasn’t worth it if we weren’t going to end up with the house we wanted.\u00a0 By the beginning of October, we knew that it was definitely too late to still build in 2012, so we pulled the plug and decided we’d take our time and make sure we were doing this right.<\/p>\n

\"Man<\/a><\/p>\n

Lets see how 2013 goes!<\/p>\n","protected":false},"excerpt":{"rendered":"

The Winter of 2011\/2012 was unusually busy for business, and the summer is always crazy, so after returning from our honeymoon, we only had limited time to talk about the house.\u00a0 We did settle on what we thought was a good floor plan, and had drawn up the house as a basic but spacious house […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-40","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"http:\/\/jcremin.com\/house\/index.php?rest_route=\/wp\/v2\/posts\/40","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/jcremin.com\/house\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/jcremin.com\/house\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/jcremin.com\/house\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/jcremin.com\/house\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40"}],"version-history":[{"count":7,"href":"http:\/\/jcremin.com\/house\/index.php?rest_route=\/wp\/v2\/posts\/40\/revisions"}],"predecessor-version":[{"id":77,"href":"http:\/\/jcremin.com\/house\/index.php?rest_route=\/wp\/v2\/posts\/40\/revisions\/77"}],"wp:attachment":[{"href":"http:\/\/jcremin.com\/house\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/jcremin.com\/house\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/jcremin.com\/house\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}