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What is the Difference Between ‘Hard Costs’ and ‘Soft Costs’ in Construction: A Detailed Comparison

Building Radar

For more information, Fontan Architecture offers a comprehensive breakdown of hard costs in construction. Common Examples of Soft Costs: Architectural Fees : Payments to architects for design services. Insurance : Various types of insurance that cover both the construction process and long-term property insurance.

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Building Tiny Houses on Wheels: Trends and Insights

Building Radar

From unique architectural styles to tailored interior layouts, personalization is a significant trend. Financing and Insurance Securing financing for a tiny house can be more complicated than for a traditional home. Additionally, homeowners may encounter challenges when trying to obtain insurance for their tiny houses.

Housing 52
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What You Should Know Before Taking a Construction Loan

Construction Marketing

A construction loan is high-interest, short-term financing that you can use to custom-build your home. In addition to meeting traditional borrower standards, the lender will inspect and approve construction timeline estimates, proposed budget, and architectural plans. How to choose a construction loan lender.

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PSMJ Resources Blog: XL Insurance Enters Collaborative.

PSMJ Resources

XL Insurance Enters Collaborative Agreement With PSMJ Resources, Inc. XL Insurance’s Design Professional group, specializing in professional liability insurance for architects and engineers and a part of the global underwriting operations of XL Group (NYSE: XL), and PSMJ, Resources, Inc., skip to main | skip to sidebar.

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Recent Downturn in Architecture Firm Billings Accelerates

PSMJ Resources

Recent Downturn in Architecture Firm Billings Accelerates. The American Institute of Architects’ Architecture Billings Index declined for the fourth month in a row in July. More firms buying more insurance. Despite the economic downturn, the majority of firms continue of carry some kind of professional liability insurance.

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A Cash Flow Guide for Architects

Levelset

Running an architectural firm is a bit different than other companies in the construction industry. If you don’t have enough cash available for your expenses, you may need to look at some short-term financing options. If the total cost of running the business is $200,000 (including salary, rent, insurance, etc.),

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4 tips to optimize hotel construction costs

The Korte Company

Architectural design. Construction project insurance premiums. Weigh your hotel construction financing options. Whatever the case, securing construction financing will play a big part of the early stages of a project. Whatever the case, securing construction financing will play a big part of the early stages of a project.

Finance 68