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Crash Test Dummy
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Discussion Starter · #1 ·
:laughing::laughing:


Date: 2009-07-22, 7:44PM HST
Reply to: [email protected] [Errors when replying to ads?]



Licensed building contractor needed to sign contract for owner/builder (builder has construction experience and has built own residence), in order to obtain financing to build small dwelling. Owner will be responsible to build structure. Willing to sign litigation waiver.
 

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So basically he wants to rent someones licence to get permits.
I dont think i would put mine on the line for someone i didn't know.

:eek::eek::eek:
 

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I own stock in FotoMat!
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I'd be interested to know why you are required to have built your own house.

Does your mailman go home after work and take a walk?
 

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Professional Instigator
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I'd be interested to know why you are required to have built your own house.

Does your mailman go home after work and take a walk?

Most banks financed projects requires a Licensed contractor. Unless you live in a state that does not require contractor licensing. Then they usually require a project manage to over see and inspect the job.

They believe or not they will sometimes not allow contractors to build their own bank financed houses
 

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There may also be Insurance considerations when building your own home ,or letting your License be used by others.

When building my home,I called my agent to get liability for the property and I was denied.Not only did they refuse me coverage,but dropped my Liability without even notifying me.It was months before I discovered this,and they refused to sign me up again,stating they weren't taking on new accounts.I had coverage with them for 15 years,no claims.

Check with your carrier first!!!!
 

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Crash Test Dummy
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Discussion Starter · #6 ·
Most banks financed projects requires a Licensed contractor. Unless you live in a state that does not require contractor licensing. Then they usually require a project manage to over see and inspect the job.
That's part of it, I'm sure.

Over here, plumbing and electrical must be licensed contractors. no self build/ho permits on those two.
 
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