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Construction Bad Debt What To Do About It

Contractor Bookkeeping

All construction contractors have experienced the financial pain of bad debt which is defined as a customer who refuses to pay no matter what you do. Oddly enough most of them paid the debt years later and all of them were very appreciative that we treated them with courtesy and respect. Knowing The Answers Helps.

Debt 49
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Soaring Prices, Waning Supply Hinder First-Time Minority Buyers

Pro Builder

In addition, a large share of younger minority buyers are flooding the housing market, but most carry more student loan debt than their White counterparts and lack intergenerational wealth that could help with down payments, The Washington Post reports.

Debt 52
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Closing Costs Are Reaching New Highs

Pro Builder

Buyers in Washington, DC paid an average $29,888 in closing fees throughout 2021, while Delaware buyers dished out the second most, at $17,859, followed closely by New York, at $16,849. Average closing costs rose 13.4% in 2021, forcing buyers to pay an average $6,905 to complete home purchases, but some regions reported even higher numbers.

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Let’s get out of our own way

Contractor Magazine

Washington has been flailing around from the debt ceiling to the fiscal cliff. At this writing, there is still no budget. Contractors are confused about Obamacare and hindered by tax law. The sequester has cut into Federal work that the contractors had gotten in the past. As I See It. read more'

Debt 63
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NAHB Chairman's Letter: Americans Want Action on Housing Affordability

Pro Builder

Support to strengthen the nation’s housing infrastructure remained strong, even if such spending added to the national debt, with 64% in favor. Morning Consult is a survey research group based in Washington, D.C. Polling results can be found at nahbhousingportal.org. Affordability. Government + Policy. Housing Policy + Finance.

NAHB 98
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NAHB New Chair to Tackle Regulation and Promote Trades

Pro Builder

With the training they can obtain through organizations like the Home Builders Institute, they will be highly sought after—without the burden of student loan debt.”. ABOUT NAHB: The National Association of Home Builders is a Washington, D.C.-based Fowke has served on the NAHB’s board of directors for more than 20 years.

NAHB 98
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Skilled Labor Fund to Educate 1,400 New Skilled Laborers After Grant from The Home Depot Foundation & NAHB

Pro Builder

31, 2020 - Washington. This grant from the Home Depot Foundation and ‘Schools to Skills’ will help bridge the gap for many young people who see skilled trades training for what it is: A gateway to a successful career free from the burden of student loan debt. cbroderick. Tue, 09/01/2020 - 08:53. NEWS RELEASE. .

NAHB 59