U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics > Business
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 07-12-2008, 05:52 PM
 
1,397 posts, read 4,306,887 times
Reputation: 2671

Advertisements

Hi,
Me and my husband want to start a business involving home building. We would not "build" the houses, we would be responsible in finding the certified builders to build them, and then selling most of them. Do we need a contractors license, although we wouldn't do the actual work such as putting the foundation etc.? Thank you very much.
Reply With Quote Quick reply to this message

 
Old 07-12-2008, 05:59 PM
 
24,843 posts, read 31,273,373 times
Reputation: 11428
You can build houses and resale them. Not a great time to try. The market is flooded now.
Reply With Quote Quick reply to this message
 
Old 07-12-2008, 06:26 PM
 
1,397 posts, read 4,306,887 times
Reputation: 2671
We do understand about the market. Although where we are at, in New Mexico, prices of building houses are cheaper now. So you think that we can build houses and resale them without contractor's license?
Reply With Quote Quick reply to this message
 
Old 07-12-2008, 07:15 PM
 
24,843 posts, read 31,273,373 times
Reputation: 11428
It would be OK in Michigan. I would not buy a new house from you. All the warranties would be gone before the house was lived in. I only warranty to the original owner.
Reply With Quote Quick reply to this message
 
Old 07-12-2008, 07:43 PM
 
1,397 posts, read 4,306,887 times
Reputation: 2671
Thank you for your advice...
Reply With Quote Quick reply to this message
 
Old 07-12-2008, 09:00 PM
 
Location: Houston, TX (Oak Forest)
4,517 posts, read 11,321,865 times
Reputation: 3607
Check with your local government office, they will know what kind of licensing and permits you will need. These things vary from state to state.
Reply With Quote Quick reply to this message
 
Old 07-13-2008, 11:30 AM
 
24,843 posts, read 31,273,373 times
Reputation: 11428
The advantage of a contractor's license is you build with other people's money. That way the home is theirs in the beginning. Then you hire your subs, the warranties are the home owners.
Reply With Quote Quick reply to this message
 
Old 07-14-2008, 04:55 PM
 
1,397 posts, read 4,306,887 times
Reputation: 2671
Quote:
Originally Posted by Driller1 View Post
The advantage of a contractor's license is you build with other people's money. That way the home is theirs in the beginning. Then you hire your subs, the warranties are the home owners.
We have seen contractor licenses for people with a specific trade, but we don't know is there a general contractor license, without requiring you to be of specific trade. Thanks anyway.
Reply With Quote Quick reply to this message
 
Old 07-14-2008, 05:34 PM
 
Location: Houston, TX (Oak Forest)
4,517 posts, read 11,321,865 times
Reputation: 3607
Contractor's License Reference Site
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics > Business
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top