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by oceanplexian 1060 days ago
Unfortunately, banks don’t finance anything “off grid” with conventional financing. There are some banks that do, but you’re going to pay a premium compared to a standard Fannie/Freddie backed mortgage.

That’s the biggest issue with this plan, which can be fine for a certain kind of person but not 90%+ of the market of potential people who inevitably have to finance a home.

1 comments

It can sometimes be "good enough" to check the box for bank financing that electrical service is available at the county maintained road which is the mailbox/street address location for the property... Something with a long or difficult driveway could easily be 30-40k to extend grid service from road to house.