Posted by admin | Posted in Log Cabin Tips & Ideas | Posted on 15-04-2006
Tags: cabin, home, homes, kits, log, log cabin kits, log cabin kits california, log cabin kits for sale, log cabin kits homes, log cabin kits prices
Log Cabin Prices?
I have found the Log Cabin Kit I want, and it's $27,500. It includes the logs, fastners, backer rods, blueprints, and log seal. The cabin and porch total 2,200 square feet. My bf, his dad, and my step-father and a few friends are going to help us build it. Has anyone built their own cabin? Does anyone know if we will have trouble getting a loan to "finish" the cabin? Thanks in advance.
God Bless
Banks are very reluctant to give loans to "self- constructed" projects. Two items to note, one what will you have for collateral for the loan. This is critical for this type of a loan. If there is nothing for the bank to collect on if you default the odds are slim. The second is they will not give you the lump sum. You have to have a detailed construction schedule with a "draw schedule" on the loan.. This should detail the progress points of the project and how much money at each point will be needed.
Good luck with your plans.
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