As you shop for home financing, ask the financing institution for a referral to a contractor that has quality reference(s).
Financing institutions will inspect the home construction several times during the construction process. Their inspector will verify the contractor has delivered and built the home based on the original drawings and specifications. Once they have verified compliance, they will release and issue the next check which is drawn from your loan amount.
Bank's will have preferred contractors that have caused fewer or no problems for them during the construction process. It's a WIN-WIN when the lender shares their referrals with you for your review.
Tuesday, June 16, 2009
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