All Forum Posts by: Don M.
Don M. has started 2 posts and replied 135 times.
Post: First time with new construction: Cape Coral, FL

- Posts 135
- Votes 203
Quote from @Jay Hinrichs:
Quote from @Don M.:
Quote from @Jay Hinrichs:
Quote from @Don M.:
2 years to get to this point ? at least its moving along finally.
2 years and 3 months after signing contract.
1 year and 8 months after permits were approved by the city.
I am glad things are moving, for sure.
I built 4 homes in Ocala and while we got them done it was over 12 to 16 months.. FLA for all their progressive pro business building permits and construction to me is not one of them.. I am sure it will all work out for you in the long run.. we sold ours and made a tiny profit on each but its better than a loss right ?
It has been a learning experience, for sure. I will say, the city of Cape Coral's permitting was painfully backed up at the time, and then they shifted to a new system which caused other delays. Still not 100% sure what I will do at the end of this (we are a long, long way from the 3.5% rates and hot, hot sellers market of December 2021/Jan 2022 when I started looking into this). I am hoping a small profit is still on the table, but time will tell.
Post: First time with new construction: Cape Coral, FL

- Posts 135
- Votes 203
Quote from @Jay Hinrichs:
Quote from @Don M.:
2 years to get to this point ? at least its moving along finally.
2 years and 3 months after signing contract.
1 year and 8 months after permits were approved by the city.
I am glad things are moving, for sure.
Post: First time with new construction: Cape Coral, FL

- Posts 135
- Votes 203
Post: First time with new construction: Cape Coral, FL

- Posts 135
- Votes 203
Post: First time with new construction: Cape Coral, FL

- Posts 135
- Votes 203
Quote from @Don M.:
I currently see a "Stop work order" on the permit on the city website.
"Erosion control" has failed city inspection 3 times this month. Another inspection is scheduled on Monday.
Erosion control has passed, and the permit is displaying "issued" status again, so that is resolved.
On the lending side, I have signed for another extension. The lender has requested a 10% pay down on drawn funds (towards principal) at the time of extension. (this is my second 6 months extension)
Post: First time with new construction: Cape Coral, FL

- Posts 135
- Votes 203
Quote from @John Burtle:
wow!
Congrats for the new build. Over two years would have me so nervous.
I am getting ready to start my first spec home build. As you know it can be nerve wrecking.
I'm looking forward to seeing the progress and I hope your build gets done soon.
Thanks John. I am ready for the next steps. Good luck on yours!
Post: First time with new construction: Cape Coral, FL

- Posts 135
- Votes 203
I currently see a "Stop work order" on the permit on the city website.
"Erosion control" has failed city inspection 3 times this month. Another inspection is scheduled on Monday.
Post: First time with new construction: Cape Coral, FL

- Posts 135
- Votes 203
Post: First time with new construction: Cape Coral, FL

- Posts 135
- Votes 203
Quote from @Jordan Ray:
Thus far, nothing to report outside of what is in the thread already.
Contract Jan 2022
Lot purchase Feb 2022
Permit passed August 2022
Slab poured April 2023
Roof dried in November 2023
Plumbing, HVAC, and electric rough ins December 2023.
Last couple month's updates stated waiting on doors and windows. I requested another update over the weekend and am awaiting a response. There has been work done related to the septic system, based on the change orders.
There has been no movement in the City's inspection portal since December.
Post: First time with new construction: Cape Coral, FL

- Posts 135
- Votes 203
Quote from @Rich Wilken:
Quote from @Don M.:
Quote from @Rich Wilken:
Quote from @Don M.:
The following is not to express any level of happiness or unhappiness with the build:
Received change orders totaling $14,970 for 18 additional loads of fill dirt over allotted amount in contract (fill dirt arrived in December 2022), 7 loads of septic sand over allotted amount, and rock excavation at the septic site.
For the recent change order-
18 loads of dirt: $5310
7 loads of sand for septic $4550
rock excavation $3500
(+20% processing fee).
For overall build
- $39,000 for freshwater canal lot.
- $246,700 for build contract price.
- $14,970 in change orders, thus far.
At two years since lot purchase, loan costs have added up between closing costs, interest payments, and extension fees, as well.
What is the 20% processing fee?
To put it simply, it's in the contract related to change orders.