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Tuesday, August 30, 2005
Construction Loans seem to follow stages. What are they? Though this may vary from project to project, there is are logical steps at which construction loans guidelines allow disbursements to be made.

The eight main stages of construction are:

Site Excavation, Grading and Foundation.
Framing, Walls and Roof
Mechanical Systems,. Plumbing and Wiring
Exterior Wall Finishing
Drywall Installation
Interior Trim, Cabinets and Fixtures
Painting, driveway Installation and Certificate of Occupancy

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