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SVTPerformance's Chain of Restaurants
Road Side Pub
Buying 4 acres to build a home on. Any Advice/Suggestions/Warnings/Do's & Don'ts?
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<blockquote data-quote="buffalosoldier" data-source="post: 16388615" data-attributes="member: 191410"><p>I would recommend that you contract for the finished price of the house and agree that at the prescribed price the house will be complete. Then you pay the subs yourself when their part is finished. If you reach the agreed on amount and the project isn't finished the rest is on the builder. Most builders will not agree to build you a second house if you hold them to the contract. A lot of contractors agree to an agreeable price and then make a lot of money on the change orders, they carry a pad of them at all times. Every time you sign one the price goes up. </p><p>Also paying subs youself keeps them from filing liens on you if the builder doesn't pay them. </p><p></p><p>Sent from my SM-G975U using Tapatalk</p></blockquote><p></p>
[QUOTE="buffalosoldier, post: 16388615, member: 191410"] I would recommend that you contract for the finished price of the house and agree that at the prescribed price the house will be complete. Then you pay the subs yourself when their part is finished. If you reach the agreed on amount and the project isn't finished the rest is on the builder. Most builders will not agree to build you a second house if you hold them to the contract. A lot of contractors agree to an agreeable price and then make a lot of money on the change orders, they carry a pad of them at all times. Every time you sign one the price goes up. Also paying subs youself keeps them from filing liens on you if the builder doesn't pay them. Sent from my SM-G975U using Tapatalk [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Buying 4 acres to build a home on. Any Advice/Suggestions/Warnings/Do's & Don'ts?
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