Buyer Beware: Five Commercial Construction Questions to Ask Before Purchasing a Distressed Note
HardHatChat
FEBRUARY 9, 2010
By using the existing subcontractors instead of hiring someone new, you can resolve or avoid a mechanics lien as you’ll be adhering to the original subcontractor contract. It’s better to catch that damage upfront so you know the true cost of the construction project instead of increasing your scope and budget afterwards.
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