article thumbnail

Closing Costs Are Reaching New Highs

Pro Builder

These fees also typically include title policies (which ensure a seller has the right to transfer ownership of the property free of any liens, aka debts, which could be passed on to the new owners) and can include property and school taxes. Closing costs were lowest in the Midwest and South. Read more.

article thumbnail

Acceptance of Final Payment

Construction Lawyer

The Supreme Court of Wyoming, in Jackman Construction, Inc. Town of Baggs , Wyoming, 278 P.3d 3d 247 (2012), upheld summary judgment against a contractor. Jackman was hired to be the general contractor for a project to improve the Town water treatment plant. There were a number of change orders and the project time was extended. .

Claims 40
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bring Construction Billing into Focus

Construction Business Owner

Clear visibility over invoices, lien waivers & payments inspires seamless money management & accelerated job timelines. The clean and intuitive dashboard offers a bird’s-eye view over each invoice, compliance document, lien waiver and payment, which makes invoice tracking and management easy as a click of your mouse. Greg Ragsdale.

article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

The private sector participant finances 50 percent of the project cost and takes a first lien on assets pledged as collateral. The SBA takes a second lien on assets and finances up to 40 percent of the project cost, up to $1 million in some cases. The Wyoming Business Council will coordinate this process.

Income 75
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

A business is not eligible for the exemption if it has received a property tax exemption under tax increment financing; there is an outstanding recorded lien for delinquent property, income, sales or use taxes against the business; or the exemption fosters unfair competition or endangers existing business.

Income 108
article thumbnail

New York Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

A JDA Real Estate Loan is normally a second mortgage loan, subordinate to a first-mortgage loan provided by a bank; M&E Loans are secured by a first lien, co-equal with the bank’s lien, on the M&E being financed. Lawrence, Steuben, Tioga, Tompkins, Wayne, Wyoming, or Yates. Typical financing structure: 50% Bank Loan.