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Restoration: How to Manage Cash Flow While Waiting for an Insurance Check

Levelset

Even though the insurance company isn’t your customer, the property owner may be depending on that insurance check to pay for your work. To cover these expenses, restoration contractors need to manage their cash flow to ensure they have enough money in the bank — especially when the insurance company is dragging their feet.

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FHA Introduces Plan to Help Mortgage Borrowers With Monthly Payments

Pro Builder

Using its insurance fund, the FHA plans to pay part of the homeowners' monthly bills, then structure the repayment as a second loan due after the first is paid off, Realtor.com reports. Read more Housing Policy + Finance Financing Financing The program currently has about 320,000 seriously delinquent borrowers.

Plans 52
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Biden Announces New Plan to Help Homeowners Save on Mortgage Costs

Pro Builder

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. FHA-insured mortgages, which accounted for 7.5% Read more Government + Policy Housing Policy + Finance Financing Government + Policy

Plans 52
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Construction Law: June 2024

Construction Law

Editor’s comment Biodiversity uncertainty highlighted in NAO report Starving local authorities of funds has hollowed out engineering and planning departments and the impact is undermining government’s ability to pursue its own policies, Editor Nick Barrett says. Some simple tactics can help avoid pitfalls and disputes.

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The Startup Construction Business Checklist: 3 Important Documents You Need to Have

Construction Marketing

Insurance is perhaps the most important thing to arrange before starting a construction company. There are many different types of insurance in the United Kingdom. A construction business needs need public liability insurance , and employers’ liability insurance if you employ staff. Business Plan. Legal Documents.

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Green Buildings are Subsidizing Conventional Buildings Stymying Climate Progress

Green Building Law Update

The financial value of green buildings is well documented, from commanding higher rents, greater occupancy rates, and increased occupant satisfaction, to lower operating costs for everything from reduced insurance premiums and less energy utilized, easily resulting in an increased return on investment of more than 9% over conventional building.

Green 293
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What You Should Know Before Taking a Construction Loan

Construction Marketing

A construction loan is high-interest, short-term financing that you can use to custom-build your home. It covers land acquisition costs, building materials, construction permits, labor, contingency and interest reserves, closing costs, and plans. Discussed below are the things you should know before taking out a construction loan.