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Updated over 7 years ago,
Custom Projects, Banks, and Pricing Structures, and Contracts
Hello BP,
Do any of you work with lenders on a cost + basis? If so, when the bank puts their version of the buyer/GC agreement in front of you, do they make it a fixed-price contact? If so, how do you handle?
I'm finding that the banks ask for a copy of our signed contract before the client's loan goes through underwriting, but then they present me docs to sign as closing that do not align with the contract.
@Karen Margrave have you seen this?