Originally Posted By: pmbuko
Or, you can just put down some piers and build your basement off the ground...


Except then you are not eligible for a standard mortgage, substantially increasing your long term home cost. When we bought our waterfront property we built a cottage on it first until we could afford to build a house there and put it on posts so it could be sold to move later. It was only there for 10 years so it wasn't a big deal but we did have to get a special 'less attractive' mortgage rate because there was no foundation.


With great power comes Awesome irresponsibility.