My buddy over at Gary Pools explains to me over and over that the big players in different industries are taking decisive measures to remain green. Contractors are no different. Today, construction companies are taking careful measures with an aim of remaining green. Incorporating eco-friendly and energy efficient technologies in the designs of their structures… Read More »
Many contractors are now assembling buildings in warehouses or factories and transporting them to jobsites. This is what prefabrication means. The practice is also called modular construction and it’s a trend that is reshaping the construction industry. Essentially, prefabrication is streamlining construction projects. The Basics of Prefabrication Prefabrication enables a construction company to assemble components… Read More »
Any contractor stands to benefit from building good customer relations. That’s because most contractors get business through referrals. An unhappy customer can’t recommend a contractor to a relative or friend. In fact, an unhappy client can wreak havoc on the reputation of a company. Here are some of the ways via which successful contractors build… Read More »
A construction loan is also called a self-build loan. This is a short-term loan that finances a real estate project like home building. The home buyer or builder takes out this loan to cover project costs before they get long-term funding. Since a construction loan is considered fairly risky, its interest rate is higher than… Read More »
Disadvantages of Construction Loans Construction loans have their advantages and disadvantages. These loans are interest-only loans. That means you won’t pay the loan in full until you complete your new construction. What’s more, their terms are flexible and their added scrutiny gives the construction project a structure. But, like anything else that has advantages, construction… Read More »