Financial Responsibility - Questions You Should Ask

Does the builder pay the sub-contractors on time and with the correct amounts?

How is the builder’s financial standing with the bank?

Does the builder usually build his homes within or under budget?

How does the customer perceive the value of the home they received in relation to what they paid?

Are the payment draws accurate and do they occur according to the payment schedule?

Does the builder have any personal debt (run a credit report)?

 

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