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Some Lenders Now Offer Bargain Mortgages, but Experts Say They May Not Be a Good Idea

Pro Builder

These bargain mortgages create a more affordable route to homeownership for cost-burdened Americans, but experts also warn that low down payment loans could be risky for borrowers with limited savings.

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In Pursuit of Affordability, Homebuyers Are Heading to Cities With the Biggest Climate Risks

Pro Builder

In Pursuit of Affordability, Homebuyers Are Heading to Cities With the Biggest Climate Risks ldeakins Wed, 06/28/2023 - 11:28 Homebuyers relocating for affordability aren't excluding markets with extreme weather and heightened natural disaster risks from their home searches More than one-quarter (25.4%) of all U.S.

Risk 52
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Wellness is for builders, not just for buildings

BD+C

While formal regulations, planning, and union collective bargaining agreements have helped address many health and safety risks, more holistic health and wellness issues, such as dehydration, weight management, poor air quality, and stress, are less commonly addressed. . But what about going home healthy? .

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Who Assumes the Risk of Material Cost Increases? As Always, It Depends!

Best Practices Construction Law

When a client asks me about a particular contract provision and why it is “unfair” or “uneven”, we began a discussion about risk allocation. You see, the contract is used to shift the various risks on the project to the party most appropriate to handle it. What about the risk of escalation in material costs?

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Not So Severable After All: Third Circuit Lets Courts Determine Arbitration Agreement Existence When Underlying Contract’s Validity Is Challenged

Constructlaw

The short-form agreement incorporated by reference two statewide collective bargaining agreements that required MZM to make contributions to the New Jersey Building Laborers’ Statewide Benefits Funds (the Funds). After the project began, a labor union representative approached and asked MZM’s president to execute a “short-form agreement.”

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Tips for Enacting Workplace Mask, Vaccine Requirements

Pro Builder

They also may need to consider whether their workforce consists of those who are at a particular risk for contracting COVID-19 or experiencing serious symptoms, such as older workers or those with known health conditions. Read More. .

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Buyers Are Back in the Driver’s Seat Despite Falling Demand—Here’s Why

Pro Builder

As home sales decelerate and a more cost-conscious buyer pool becomes less competitive, home prices are beginning to fall in some overheated markets, and those making home purchases are also regaining bargaining power. . It’s never good news for buyers—or sellers—when mortgage rates go up. Market Data + Trends. New-Home Sales. Affordability.