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Author name: Anderson Legal

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Homeowner’s Insurance Risk: A Dealbreaker for New Developments?

For residential developers and general contractors, new construction always carries inherent risks—rising labor costs, fluctuating material prices, permitting challenges, and unpredictable market demand. However, in today’s environment, another critical yet often overlooked factor could turn a promising project into a costly misstep: homeowner’s insurance availability. As insurance companies withdraw from high-risk areas due to mounting […]

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Impact of Proposed Tariffs

Protecting Your North Carolina Construction Business from Proposed Tariffs

The construction industry is well-acquainted with challenges like labor shortages and supply chain issues. Now, with President-elect Trump indicating plans to introduce new tariffs on foreign trade—especially on imports from China, Mexico, and Canada—economists warn of additional obstacles ahead. For general contractors in North Carolina, these proposed tariffs could significantly influence material costs, project timelines,

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Reducing general contractor risk

Reducing General Contractor Risks

These tips for reducing general contractor risks can help reduce stress and cut down on sleepless nights, as well as protect your enterprise’s future.  As a General Contractor, each project you undertake is a venture involving your reputation, revenue, referrals, and more. Balancing risk and reward is fundamental to your intricate, high-stakes operations. This is

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Three things you can do to protect yourself when buying “better than new construction”

Real estate advertisements often use the phrase “better than new” to lure buyers to purchase homes that have been built in the last few years. While this may be a great opportunity to move into a contemporary home without the headaches of dealing with construction, this does not mean that you should let your guard

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