New builder finished his forensics work on the new house. He says it's roughly 1\/3 complete, with about 1\/3 of the construction loan's worth of work done (which, coincidentally, just about totals the amount of the liens that the former subs have put on us). That's not awesome because there's only 1\/3 of the construction loan left. <\/p>\n
Also, he says the original builder grossly under-estimated the cost of the house, so we were on track to be stuck with a big bill at the end, no matter what. Also there are multiple outright code violations and a few questionable spots.<\/p>\n
As it stands now, we simply don't have the funds to finish the house. Chopping it way back to the minimum possible to be called a livable house wouldn't be enough to get it into our budget (and then we'd have a really expensive but kindof crappy house). And the new builder is reluctant to start without a sizable down-payment, which we don't have.<\/p>\n
We have no idea what we're going to do. <\/p>\n
On the bright side, it's looking like the old builder may become the subject of a State Bureau of Investigation investigation. If he's convicted, there might be a chance we could declare our losses as theft or fraud. That could help with taxes, eventually.<\/p>\n","protected":false},"excerpt":{"rendered":"
New builder finished his forensics work on the new house. He says it's roughly 1\/3 complete, with about 1\/3 of the construction loan's worth of work done (which, coincidentally, just about totals the amount of the liens that the former subs have put on us). That's not awesome because there's only 1\/3 of the construction […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[],"class_list":["post-23284","post","type-post","status-publish","format-standard","hentry","category-project-house"],"_links":{"self":[{"href":"https:\/\/ok-cleek.com\/blogs\/index.php?rest_route=\/wp\/v2\/posts\/23284","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ok-cleek.com\/blogs\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ok-cleek.com\/blogs\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ok-cleek.com\/blogs\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ok-cleek.com\/blogs\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23284"}],"version-history":[{"count":6,"href":"https:\/\/ok-cleek.com\/blogs\/index.php?rest_route=\/wp\/v2\/posts\/23284\/revisions"}],"predecessor-version":[{"id":23294,"href":"https:\/\/ok-cleek.com\/blogs\/index.php?rest_route=\/wp\/v2\/posts\/23284\/revisions\/23294"}],"wp:attachment":[{"href":"https:\/\/ok-cleek.com\/blogs\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ok-cleek.com\/blogs\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ok-cleek.com\/blogs\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}