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Updated over 7 years ago,

User Stats

452
Posts
309
Votes
Lynn Currie
  • Investor
  • Austin, TX
309
Votes |
452
Posts

Custom Projects, Banks, and Pricing Structures, and Contracts

Lynn Currie
  • Investor
  • Austin, TX
Posted

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?

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