With the cost of real estate in Santa Clarita Valley (and most of California) usually being pretty steep, buyers some buyers attempt to ‘get creative’ about how to own a home. The most common ideas I hear from buyers are finding a ’steal’ of a foreclosure (which is not usually the reality), a manufactured home (which have ‘no-ceiling’ land lease fees) and buying land to build a home themselves.
I am a fan of creativity and ingenuity, however, often times buyers are not aware of the immensity (and danger) of their ‘creative ideas’.
If you or anyone you know is thinking of buying land and building (and are inexperienced), please CLICK HERE for a tiny window into costs of just permits with the City of Santa Clarita. Then add the cost of the land, the cost of service providers, the cost of building materials, the cost of finishing touches…it all adds up.
Buying land and building can be a great step for you or it can be one of the biggest financial mistakes ever. If you go that route, be wise and do your homework ahead of time. 
