The way i purchased a tiny family; one to womans tale
HGTV shows features promoted lightweight residential property – normally those smaller than 400 sq ft – inside the an enormous way. Many people are attracted to so it solution path to homeownership given that an easy way to help save before committing to a costly portion regarding assets.
Yet not, bringing a small residence is distinctive from the typical homebuying process in many ways (e.grams., you will be unlikely discover an agent that will show you a dozen choice). The process shall be cutting-edge logistically and you will financially, it is therefore vital that you understand what you’re signing up for.
Annie Colpitts, a thirty-year-old product sales coordinator, has actually invested more than per year for the a keen 8 1/2-by-20-base household you to definitely she tailored and you will aided make. She lifetime 20 minutes or so northern away from Richmond, Virginia, and you can areas your house on a little little bit of individual possessions one she rents having $350 a month. Colpitts left a spacious the downtown area flat – and paused intends to purchase a traditional family – so you’re able to incorporate the living.
Here, Colpitts offers as to why she chosen a small family, how she financed it and you may just what she’d have done differently. (That it transcript are carefully modified to possess clarity and you will size.)