What do you estimate the percent of complete through the overruns (e.g. 75%, 85%, 95%).
Regards, LelandJ Kristyne McDaniel wrote: > Leland, > > >> This kind of sounds like you are the General Contractor and the >> contractor is an adviser. I hope everything works out for >> you. God Bless. >> > > Yeah, I just wish I knew more about what I was doing. The advice I've been > getting has been mostly good but obviously I needed more. It would have been > nice if the bank had given me better reporting on disbursements, too. It > seems that everyone "assumed" I knew what I was doing because I was handling > things and didn't provide the data I needed when it would have done me some > good. > > I will also be calling around looking for alternate funding in case our > mortgage bank says 'no'. Our real issue right now is to pay for the > overruns. There are no guarantees with a custom house project, and fewer > guarantees when you build near a hillside on a rocky spot with a view of the > ocean. The views add extra money to the valuation, and apparently they added > more than we expected to the construction costs. This excess just wasn't in > the budget. > > Stuff like the septic system. Our budget was $7500, but the sub contractor > wants $13500. They're afraid of the rocky soil. And with Steve in the > hospital he can't clear the rocks with our tractor himself. > > It is a mess. > > Kristyne McDaniel > > > > [excessive quoting removed by server] _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
