Some home owners can finance the complete project from their own resources while others may choose to use lending institutions for tax planning or other reasons.

The strategic way of managing your project is to have financial resources are available when they are needed so your project does not get delayed. Advances and progress payments will be required to keep builders and trades committed to the project. You will also need an adequate contingency to deal with unforeseen changes in scope of work.

Timely payments based on inspection milestones and work completed will ensure that contractors can meet their obligations on your behalf:

• Site preparation
• Design & material package
• Labor to lock-up
• Plumbing, heating & electrical
• Interior finishing
• Appliances and fixtures
• Contingencies