The time it takes to build your home is called the Construction Schedule. The interest you pay on your Construction Loan is an expense you can manage or if ignored will cost you a considerable sum of money. The time invested in determining a Construction Schedule for your new house can eliminate this risk and save you money. The schedule is something that should be determined prior to any signed contracts and the starting of any work.
Whether it takes 4 months or 10 months to build your house, commitments and responsibilities from the Contractor and Subcontractors must be established. Prior to building your new home you are either living in an existing house, an apartment, or have some other type of living arrangements. If your Contractor is three (3) weeks late from your target completion date, Where do you live for three weeks??? What does it cost you for these living accommodations??? Are there storage costs for your personal property???
Prairie States Inc can help you determine a realistic Construction Schedule for your new home by keeping the Contractor and Subcontractors accountable. Prairie States Inc will help you prevent unnecessary delays and if they occur will determines who is responsible. Contact us at prairiestates@sio.midco.net to discuss the Professional Services provided by Prairie States Inc.
