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Biden Announces New Plan to Help Homeowners Save on Mortgage Costs

Pro Builder

households save an average of $800 in the year ahead, the White House claims. households save an average of $800 in the year ahead, the White House claims. Under the new initiative, the Federal Housing Administration will reduce mortgage insurance premiums by 0.3 percentage points to 0.55% for FHA-insured mortgages.

Plans 52
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Energy Innovation: Solar Energy Solutions Continue to Gain Momentum

Pro Builder

Babcock Ranch is a sprawling master planned community on 18,000 acres on Florida’s West Coast, some 20 miles from Fort Myers, which prides itself on being “America’s first all-solar town.” Among the leaders is Minnesota, which approved a solar garden initiative in 2013 and claims about one-third of the country’s community solar generation.

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Digital Builder Podcast Ep 22: How Specialty Contractors Can Navigate Contracts & Get Paid On Time

Autodesk Construction Cloud

The difference between secured and unsecured debts. “The contract is supposed to be a clear set of instructions just like plans and specs, but it becomes this monster document that nobody understands and it’s not conveying expectations clearly.” You are owed a debt. Best practices for handling change orders.

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4 Factors Underwriters Consider When Issuing a Construction Bond

Levelset

Whenever you need to get construction bonds to perform work on a proposed project, your priority is to show the surety company how you plan to manage the particular risks and minimize the downside. Next, subtract the sum of your accounts payable, short-term debts owed, and over-billings.

Risk 52
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Legal Documents Required for Purchase of Property

CivilJungle

Approved Layout Plan. A land application certificate is necessary for documents that show the plan for which the property is to be applied. This document confirms that the house is an appropriate residency plan and will carry by people who buy the land. A deed represents the right of the owner to claim the property.

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What is PACE Financing and Is It Doomed?

Construction Law Monitor

Well, PACE loans create a lien against properties similar to a tax lien, meaning that the lien has priority over all other debts (including mortgages). The city says they plan on moving forward with the district, except it will only be for commercial PACE loans. Hey, What Does This Have To Do With Construction?

Finance 48
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Pennsylvania Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

All projects must include a qualified rehabilitation plan that is approved by the Pennsylvania Historical and Museum Commission (PHMC) as being consistent with the standards for rehabilitation of historic buildings as adopted by the United States Secretary of the Interior. Guaranteed loans up to $500,000.