I'm sorry, but if you can build a new home for under $170,000 in an area you want to live in, wouldn't you seriously, seriously think about it?
I know we are.
The plan is now a three year plan. We have to payoff our lot, get it perk tested, and then finance the new building. It'll be in enough time for when Dinker starts going to regular school. And she loves it up there so that's a plus on our side.
And in case you have no clue what a perk test is ('cause I didn't at first), a percolation test is required before any septic permit is issued. Basically, it is a soil test to determine how fast water will soak. This determines the amount of drain field needed. It can be done by the homeowner or a licensed engineer.
Upside: new home, no more Philly, I get to quit work (yay me!), no more Philly (that's worth saying twice).
Downside: living on a shoe string budget for the next thirty-six months.
UPDATE: I just got off the phone with the salesperson. She just gave me a bit of bad news. Her boss lives in the development where we purchased the lot. Almost all the lots in the general area where we purchased our lot FAILED perk testing. And if you fail, you can not build.
So, we might be getting a refund on our lot.
I'm still happy because the H & S can also sell you a lot/house package deal. So, if our property fails, we can still move. It just won't be where we originally chose to lay the bricks.