The way i purchased a little home; that womans tale
HGTV shows keeps promoted smaller land – generally those smaller than 400 square feet – from inside the an enormous method. Many people are interested in it alternative road to homeownership once the an easy way to help save just before investing in a very high priced piece of assets.
Although not, delivering a little home is unlike an average homebuying techniques in a variety of ways (elizabeth.grams., you may be impractical to track down a realtor who can reveal you a dozen alternatives). The method is going to be state-of-the-art logistically and you can financially, it is therefore vital that you know what you may be joining.
Annie Colpitts, a thirty-year-old marketing coordinator, has actually spent over per year into the an enthusiastic 8 1/2-by-20-legs home one she designed and you will assisted build. She lifestyle 20 minutes or so north of Richmond, Virginia, and you may areas our home for the a tiny bit of individual assets one to she rents having $350 a month. Colpitts kept a spacious the downtown area flat – and paused plans to pick a normal household – in order to accept the fresh new traditions.
Right here, Colpitts offers as to the reasons she chosen a little home, just how she financed it and you may what she would do in another way. (This transcript are gently modified to have clarity and you can size.)