House Constuction [Merged]

[papi smith]

Thanks Sir Travajante!

So many factors dictate cost. Terrain, architectural & structural design, material type & the abstracts....the builder's approach & experience. Search for a team who can build like it were their own. Trust is priceless.
Comb thru the details to consider cost of upkeep. A good design should be low in maintenance. It'll stay new longer, too.
Just my 2cents. Happy building, sir!



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[papi smith]

Now I have a couple of quotations from different contractors and most require 30% downpayment to as high as 50%. Reason being they need to buy the materials to protect from price increase. For a 4M project, that is 1.2M to 2M outright payment. What kind of guarantee/documents would you ask them to ensure that they will not disappear with the money.

Are there insurance products to cover from such losses? Is having a PCAB license a guarantee of?