The Utah Preconstruction Lien Process Explained
The Utah Preconstruction Lien Process Explained
Many Utah contractors are familiar with the construction lien process to secure payment for work or materials used in a building project. But what about the surveyors, architects, engineers, and others who provide services before breaking ground on the project? Utah actually gives them a similar payment tool, known as a preconstruction lien. However, the […]
The post The Utah Preconstruction Lien Process Explained appeared first on Levelset.
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Many Utah contractors are familiar with the construction lien process to secure payment for work or materials used in a building project. But what about the surveyors, architects, engineers, and others who provide services before breaking ground on the project? Utah actually gives them a similar payment tool, known as a preconstruction lien. However, the […]
The post The Utah Preconstruction Lien Process Explained appeared first on Levelset.
Many Utah contractors are familiar with the construction lien process to secure payment for work or materials used in a building project. But what about the surveyors, architects, engineers, and others who provide services before breaking ground on the project? Utah actually gives them a similar payment tool, known as a preconstruction lien. However, the […]
The post The Utah Preconstruction Lien Process Explained appeared first on Levelset.
Restoration and remediation contractors provide a unique blend of services. A lot of what they do is clean up and hazard removal, but many also provide reconstruction services to get buildings back to the way they were before the disaster. The variety of services they provide can create a lot of confusion around their right […]
The post Can Restoration & Remediation Contractors File a Mechanics Lien? appeared first on Levelset.
Restoration and remediation contractors provide a unique blend of services. A lot of what they do is clean up and hazard removal, but many also provide reconstruction services to get buildings back to the way they were before the disaster. The variety of services they provide can create a lot of confusion around their right […]
The post Can Restoration & Remediation Contractors File a Mechanics Lien? appeared first on Levelset.
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? There are several different types of property liens, which are legal claims against the property held by a debtor. Contractors and other businesses in the constructio...
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? There are several different types of property liens, which are legal claims against the property held by a debtor. Contractors and other businesses in the constructio...
Extending lien rights to all tiers of subcontractors is a broader trend that affects other states as well.
Extending lien rights to all tiers of subcontractors is a broader trend that affects other states as well.
With so many agents concerned about the inventory shortage in the US, we need to start looking at potential side hustles, and buying tax liens could be the silver lining we need. What is a tax lien, and how do we find them, let alone buy them up? What are the unique challenges posed by this area of real estate, and if there are none, why are so few agents jumping at the opportunity? In this episode, the Founder of Tax Lien Alliance, Todd Ashton returns to go deep on the most mysterious o...
With so many agents concerned about the inventory shortage in the US, we need to start looking at potential side hustles, and buying tax liens could be the silver lining we need. What is a tax lien, and how do we find them, let alone buy them up? What are the unique challenges posed by this area of real estate, and if there are none, why are so few agents jumping at the opportunity? In this episode, the Founder of Tax Lien Alliance, Todd Ashton returns to go deep on the most mysterious o...
Mechanics liens are among the most powerful tools for contractors to ensure they get paid what they’ve earned on a construction project. In Texas, contractors must send multiple notices and meet strict deadlines to preserve their right to a lien if they need to file one. However, if the project is on a homestead property, […]
The post Texas Homestead Lien Rules & Requirements appeared first on Levelset.
Mechanics liens are among the most powerful tools for contractors to ensure they get paid what they’ve earned on a construction project. In Texas, contractors must send multiple notices and meet strict deadlines to preserve their right to a lien if they need to file one. However, if the project is on a homestead property, […]
The post Texas Homestead Lien Rules & Requirements appeared first on Levelset.
Securing mechanics lien rights isn’t just as simple as filing a document — it’s a process. Each state has varying degrees of rules and requirements that must be met. Illinois in particular handles the amounts a subcontractor can file a lien for very differently than most other states. The amount they can claim can be affected depending on whether the owner was properly notified of any unpaid amounts. This notice can come from the general contractor’s sworn statement, or a subcontractor?...
Securing mechanics lien rights isn’t just as simple as filing a document — it’s a process. Each state has varying degrees of rules and requirements that must be met. Illinois in particular handles the amounts a subcontractor can file a lien for very differently than most other states. The amount they can claim can be affected depending on whether the owner was properly notified of any unpaid amounts. This notice can come from the general contractor’s sworn statement, or a subcontractor?...
Running a successful construction business takes a ton of knowledge, determination, and hard work. But why is it that some companies are able to grow and thrive while others stagnate or go out of business entirely? Levelset’s recent 2022 Cash Flow & Payment Report revealed some key differences between large, successful contractors and smaller construction […]
The post 4 Key Habits of Large, Successful Contractors appeared first on Levelset.
Running a successful construction business takes a ton of knowledge, determination, and hard work. But why is it that some companies are able to grow and thrive while others stagnate or go out of business entirely? Levelset’s recent 2022 Cash Flow & Payment Report revealed some key differences between large, successful contractors and smaller construction […]
The post 4 Key Habits of Large, Successful Contractors appeared first on Levelset.
As an investor, your main goal is to look for new opportunities and evaluate risk vs. reward. While it’s been around for years, tax lien investing increases in popularity among investors of nearly every skill level. But buying tax liens is not for everyone, as it requires up-front capital and will take at least 120 days to see a return on investment. Though there are risks associated, the returns can be tremendous depending on the property at hand. Before you consider your own foray into tax l...
As an investor, your main goal is to look for new opportunities and evaluate risk vs. reward. While it’s been around for years, tax lien investing increases in popularity among investors of nearly every skill level. But buying tax liens is not for everyone, as it requires up-front capital and will take at least 120 days to see a return on investment. Though there are risks associated, the returns can be tremendous depending on the property at hand. Before you consider your own foray into tax l...
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