Dealing With Underwriters

J DoubleD FLoor

I have a job coming up that the HO has a HO's loan for and the underwriters are going to be contacting me on payment .... How should I request payment from them 100% materials and 50% labor up front ... Let my know what you guys think ... this is a large job 20k and I don't want to get screwed obviously?

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Grainywood

Underwriters?

Can you describe it more? Is this an insurance job?

Where are you? In CA we can't ask for more then $1000 as a downpayment. No matter the size of the job.

I also mentioned it here before though few seemed interested then but there is an escrow service where a third party holds the money so you know it's there. It costs 2% I think. I'd do it for clients who were far away that you might have a hard time collecting from.

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