Farmhouse theme, concept sketch

  • Vertical board and batten, right. HardiPlank or equal

  • Horizontal clapboard siding, HardiPlank or equal

Sales and Financing Materials in Progress 1-6-22

  • RENDERINGS: The architect is preparing beautiful and persuasive renderings

  1. ENERGY CALCULATIONS Energy consultant is preparing Energy calculations demonstrating the financial benefits of ZER for

    • sales purposes and for

    • Green-Mortgage app. We have a green-mortgage consultant working on this.

    • a green mortgage qualifies buyers for a higher purchase price based on amortizing the energy savings of their ZER homes. Generally, this will make the home appraise for 11% to 15% above comparable standard homes in the area

  2. LAND PURCHASE. Design Build is going to settlement of the land cash at settlement in the next couple of weeks

  3. CONSTRUCTION FINANCING MODELS Construction financing based on sales model, TBD. One of the following:

    1. Owner deposit + construction contract

      1. is obtained, then Design Build LLC obtains construction financing, paid down by buyer permanent mortgage at occupancy and closing

    2. Buyer acts as the construction loan borrower.

      1. Buyer obtains construction to permanent loan as a “custom home builder”. We are developing such an agreement to present for the buyer’s use. Lender interest in doing the construction piece has been quite slow, they are so swamped with simple lending. They don't consider this simple. Lenders have been willing to prepare the permanent part of the loan

    3. At-risk builder builds the house[s] on spec to be sold to buyer during or after construction.

      1. Preferred, lenders TBD

Aerial Location Plan

Site Plan