Yearly Archives: 2016

WHAT IS A DRAW CONSTRUCTION SCHEDULE, AND WHY IS IT IMPORTANT?

WHAT IS A CONSTRUCTION DRAW SCHEDULE, AND WHY IS IT IMPORTANT? In many custom projects the draw schedule governs when your builder will receive a certain sum of money, generally called a “draw”, at various stages during the project. The draw schedule is important because an accurate description of these milestones may promote your goal [...]

By |2022-02-21T22:22:28+00:00November 29th, 2016|Consumer Law, Legal|Comments Off on WHAT IS A DRAW CONSTRUCTION SCHEDULE, AND WHY IS IT IMPORTANT?

San Antonio Hail Stats

San Antonio Hail Stats Tuesday night's hailstorm on the 12th of April was pretty devastating. For San Antonio residents, this is not the first time they have experienced severe weather conditions. In 2001, a storm caused a massive $120 million in hail damage when hailstones of 4, or even 5 and a half inches, were [...]

By |2017-11-07T10:29:18+00:00April 20th, 2016|Consumer Law|Comments Off on San Antonio Hail Stats

Understand What Your Allowance Budgets Mean

Typically in a custom home project there will be "allowance" items, which usually are budgetary amounts that are preset for certain selection items such as flooring, plumbing fixtures, appliances and the like. For instance, if a builder quotes a $600,000.00 fixed price contract amount to construct your home, and you have a $40,000.00 allowance budget [...]

By |2017-11-07T10:29:18+00:00April 11th, 2016|Construction Defects|Comments Off on Understand What Your Allowance Budgets Mean

Custom Homebuilding – Part 4

Be Wary of a Builder-Driven Choice of Construction Lender Many of you that are contemplating building a custom home will likely end up borrowing money from a construction lender to finance the construction. The construction draws that the lender provides generally fuel the construction. Some builders may attempt to steer you to a builder-friendly lender [...]

By |2017-11-07T10:29:18+00:00January 14th, 2016|Construction Defects|Comments Off on Custom Homebuilding – Part 4
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