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re: Builder Asking About Budget on House?
Posted on 3/2/14 at 1:07 pm to BeerMoney
Posted on 3/2/14 at 1:07 pm to BeerMoney
Cost plus fee is the way to go. That way if you get nicer windows/ lighting fixtures/ floors, etc then he doesn't make more money off of you.
In addition, the builder will not buy the cheapest wood/sheetrock/shingles, etc because it will not affect his profit margin.
In addition, the builder will not buy the cheapest wood/sheetrock/shingles, etc because it will not affect his profit margin.
1
Posted on 3/2/14 at 4:18 pm to Walkertiger
quote:
Cost plus fee is the way to go. That way if you get nicer windows/ lighting fixtures/ floors, etc then he doesn't make more money off of you. In addition, the builder will not buy the cheapest wood/sheetrock/shingles, etc because it will not affect his profit margin.
I agree. The only way I've ever built is a cost plus deal. Of course you have to trust you builder. If you don't do cost plus you are begging to have your builder cut corners IMO as it will improve his bottom line as mentioned above.
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