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Read more about Construction loans: the change order
Read more about Construction loans: the change order
With a construction loan, your change order – also known as a variation order – is an amendment to your original build plan. For example, a change order could consist of increased time costs incurred by your builder. Resulting from the alignment of construction to an amended build plan. Or, to an amended build schedule. The amended build plan - or build schedule - arrived at, also, by way of a previously enacted change order....