Like most years lumber prices are on the rise and many builders here in idaho have been loosing their shirts on lumber prices. we are seeing jumps in the 10-15 percent range (per month )during this first half of the year forecast and are considering an accelerator clause in our contracts where basically if the lumber goes up more than some % the cost is passed on to the home buyer.
Is anyone doing this and or have an example of a clause. like any good lawyer ours is in mexico for a month lol.
Is anyone doing this and or have an example of a clause. like any good lawyer ours is in mexico for a month lol.