Levelset

JULY 5, 2022

If you receive a notice that a lien has been filed on your property, you may wonder how it will affect your credit score and your ability to borrow money or get credit. Mechanics liens are different from other collection instruments, so they are treated differently when it comes to reporting on your credit history. What is a lien?

Lien 96

Lien Legal Bankruptcy Claims 96

Construction Law Monitor

MAY 3, 2013

True: deadlines dictate when it comes to securing your lien rights. In the construction world, there is no doubt that the deadlines for securing your lien rights are rigid and unforgiving. If you have not filed your lien by the applicable date, you have relinquished that right permanently. The “Back Door Lien”.

Lien 64

Lien Contract Louisiana Accounting 64

Green Building Law Update

SEPTEMBER 11, 2016

The concept is not new, but nationally including in Maryland, “residential” PACE programs were put on hold as a result of a directive in 2011 that Fannie Mae and Freddie Mac refrain from purchasing mortgage loans secured by properties with outstanding PACE obligations. Commercial PACE programs are still very new.

Baltimore 120

Baltimore Maryland Finance Residential 120

Autodesk Construction Cloud

NOVEMBER 15, 2021

The difference between secured and unsecured debts. A contract should really be a tool to help everyone in the construction industry; it doesn’t have to be this monster document that you just hold your nose, sign, and hope for the best.” .” The construction industry runs on credit. You are owed a debt.

Contract 52

Contract Contractors Negotiation Subcontracting 52

Levelset

AUGUST 16, 2022

Here are some factors you should consider to increase your chances of success with a potential project and your ability to secure a construction bond. The construction industry has one of the highest rates of business failure. Next, subtract the sum of your accounts payable, short-term debts owed, and over-billings.

Risk 52

Risk Cash Flow Construction Banking 52

Levelset

AUGUST 4, 2022

Running an architectural firm is a bit different than other companies in the construction industry. Financing activities include stock offerings and long-term debt. Using tools like a mechanics lien to secure payment can help ease the burden. When customers are slow to pay, this can put a strain on a business’s cash flow.

Cash Flow 52

Cash Flow Budgeting Budget Forecasting 52

Contractor Bookkeeping

MARCH 9, 2013

Some Contractors Hire Part Time Secretaries to do everything including construction bookkeeping and then wonder why their company debts keep growing and crushing them. Sending the Notice to Owner of Intent To Lien to protect my financial interests. Fill out and file Labor and Industries quarterly tax returns. Enter bills.

Contractors 48

Contractors Cash Flow Banking Change Orders 48