when u take loan for house construction,?

Question

what precaution one has to take?

Answer 1

TAKE ANY/ALL PRECAUTIONS YOU WOULD TAKE ON ANY LOAN!

THE BUILDING PART IS THE NIGHT MARE. YOU SHOULD SEE TO IT, THAT YOU PAY FOR AS MUCH AS POSSIBLE YOUR SELF! ... IE INSTEAD OF HIRING A TURNKEY CONTRACTOR THAT DELIVERIES YOU A COMPLETED SLAB, YOU BUY THE LUMBER, STEEL & CONCRETE, & THE LABOR INDIVIDUALLY! IF NOT, YOU WILL BE SUBJECT TO LIENS!