In Bay Area, the downturn in year 1991 and 2001 was only 10%, about the same fee/cost (6% agent commission, escrow fee, property transfer tax, owner title policy etc.) to sell a property.

Other holding costs include insurance, utilities, and lawn care.  

I would have them post a performance and payment bond for the build (so you have recourse if it goes belly-up) and have them name as you additional insured on their insurance policy.Don’t forget to check the utility infrastructure to the site.

Typically big banks and credit unions are captive to a single PMI provider, mortgage brokerages and banks can shop it among mortgage insurance providers.

As soon as I was able to get myself enrolled on insurance and get an online profile, I started to getting referrals within a week.

We pick one of our favorite restaurants, book the entire place on one of their closed nights or a slow night in January, and invite our work team (plus one guest each) to join us for dinner and a celebration to show our gratitude.Most of our construction/trades contractors don't have health insurance and put off aspects of their health care.

No lender with the right mind will fund this with 24 hr notice and no title co will insure in 24 hrs. 

My insurance covered a bioclean company to come and remediate the damage: That cleaning included deoderizing, removing affected flooring and removing and disposing a mattress.

They had an insurance policy in place and I was named insured.

Legal fees and damages can outweigh whatever you "saved" by far.A good real estate attorney is cheap insurance.