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Matt, feel free to email me directly for more details.
You may want to consider GCing the house yourself. If your (or your wife's) work schedule is flexible enough you can probably handle it yourself. It's not rocket science. You can expect to save 30% by GCing it yourself.
I GC'd my house in Newbury in '99-2000, helped 2 friends GC their homes in '02, built a spec house in '03, and now that I have moved to Lynnfield I will GC the renovations and addition that we have planned for the 52 year old house that we purchased.
The route that Motor Fish has taken with a "construction manager" who acts like a consultant is a good one and that's a line of work I may pursue in the future.
Even if you decide to hire a builder, definitely work with a local bank that does a lot of construction lending. You can probably save a few tenths of a percentage by using a national bank but it's not worth the hassle. The local bank will be quicker to do their inspections and you will get your money faster.
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