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What to Look for in a Building Contractor
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When a homeowner is ready to build or remodel, they need to hire the best contractor for the job. There are many contractors out there and the level of their work can vary greatly. In order to get the best job done, here are some tips for hiring the best:
Make certain that they are licensed: A licensed contractor is always your best bet. A builder who has taken the time to study up, pass all tests and pay all fees is smart and serious. Becoming licensed shows much about a builder's character and integrity. When a person has their license, all of their work is basically watched over by the licensing board. If they do shoddy stuff or participate in unethical financial practices, these blemishes will appear on their record for years. Having a license means that they want to do good work and are happy to have their records visible to future customers. Homeowners should always check the records of the builders that they plan to employ.
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New York Firm's Property Transfer Fee Plan Stirs Controversy
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WASHINGTON (Dow Jones)--As U.S. lawmakers move to prevent another binge in risky mortgage lending, a new real estate money-making concept is grabbing the attention of federal regulators.
New York-based Freehold Capital Partners wants developers across the country to attach transfer fee covenants to properties allowing the builder and Freehold to reap profits for decades after a property is sold. The covenants typically require future home sellers to pay 1% of the sales price to the home builder or other third parties each time the house is resold for 99 years.
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Building A Greener Home
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How we decide to build our home, is one of the most important ways that we can help our future. We have to think about how much energy is used in the building materials themselves, in their transportation and assembling. Once the house is then built, how much energy does it use to keep its inhabitants comfortable? Here are some steps to help you build a greener home.
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Chico homebuilder pleads guilty, faces up to 20 years in prison
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A Chico homebuilder faces up to 20 years in prison after pleading guilty Friday to federal charges linking him to a mortgage fraud scheme. Tony Symmes, the owner of Aspire Homes, admitted to one count of conspiracy to commit mail fraud and one count of money laundering.
According to the plea agreement, from 2006 through 2008, 59 year old Symmes sold 62 homes to straw buyers recruited by Garret Gililland of Chico and others. The purchase price on each home was inflated by up to $60,000. Symmes would then write a check back to the front companies controlled by Gililland and others, totaling more than $2.5 million dollars. The rebates on the purchase price were not disclosed to the lenders who financed the properties for the straw buyers. Gililland pleaded not guilty.
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Finding Reputable New Home Builders Melbourne
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People who want to get a new home built will need to watch out for shady characters who are out to separate them from their money. Make sure your professional new home builder has a landline phone number and a real address.
New home builders in Melbourne are in luck because there are many reputable builders in that city. To find a builder with a good reputation, new home builders in Melbourne can start by looking on the Internet. Professional new home builders will usually have a web presence with many graphics to show samples of homes they have built in the area.
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