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Housing Market Recovery

Construction Market Growing Fast: Beware Of Financial Risks

It was the best of times, it was the worst of times.  This may be the mantra of 2013 as the United States economy is on a rebound, and the sudden healthiness in the construction market is taking many in the industry by surprise.  This article discusses the positive news coming out about the construction [...]

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Mechanics Lien Filings: Expected After Material Price Increases?

Recent federal figures released by the Associated General Contractors of America (ACG), and reported on by Roads & Bridges, indicate that January 2013 saw a significant increase in construction material prices. Things are not looking better for February either according to Ken Simonson, chief economist for AGC, who says that prices for gypsum, wallboard, lumber, [...]

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Pennsylvania Mechanic Liens Made Stronger By Recent Lien Priority Case

A recently published Pennsylvania Superior Court case significantly changed how mechanics lien priority is determined between lien claimants and banks with an open-ended mortgage. The decision – Commerce Bank Harrisburg NA v. Kessler - is decidedly pro-contractor or pro-supplier, and has already made an impact in determining lien priority on other cases throughout the state. Defining [...]

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Mechanics Lien Or Bond Rights When Working On University Construction Project

Last week I wrote an article about how the “Miller Act Applies When Doing Work In The Nation’s Attic,” referring of course to the Smithsonian Institute. The point behind the article was that while some construction projects are clearly state, federal or private, the waters are muddy in other instances. One such instance was with the construction [...]

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Be Careful Who You Choose To Enforce Your Mechanics Lien

A construction company in Georgia got stiffed $175,000, and filed a Georgia mechanics lien for that amount. Then, they made a mistake that is a pretty difficult mistake to predict.  They hired the wrong attorney. Xavier Dicks was hired in June 2007 to foreclose upon a $175,000 mechanics lien set to expire on December 15, [...]

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Protect Your Cash In The Improving Arizona Construction Market

This morning, I posted about a Los Angeles Times article about an “rebound” in commercial building throughout Southern California. Right after, I encountered an article from The Republic about a similar trend in the Arizona construction industry, in an article title “Good News For Construction Jobs.” Again, just like in California, the commercial market in Arizona is [...]

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Los Angeles Construction Market On Rebound…Prepare Your Lien Rights

I ran across an article this morning in the Los Angeles Times reporting that there is a “commercial building rebound” in Southern California as we all head into the spring and summer months. This is great news for the construction industry in the Los Angeles area (and really, everywhere). But as companies take in more [...]

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California Sketchers Project Provides Great Story About Why Mechanics Liens Happen

In Monero Valley, California, the construction of a new Sketchers Distribution Center caused mechanics lien havoc. The massive 1.8 million square foot distribution center made a news splash when its general contractor bailed on the project, leaving a lot of subcontractors and suppliers unpaid. According to some news stories, this resulted in more than 73 separate mechanic [...]

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Miller Act Will Apply To $22M Of Announced Louisiana River and Port Work

New Orleans’ City Business Magazine published an AP article on their website announcing that the US Army Corps of Engineers will spend $22 million on Louisiana river and port work. That’s great news for Louisiana contractors and suppliers, and for those landing some of that work, it’s important to recognize that the Federal Miller Act [...]

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ABC Supply Mechanic Liens In Pittsburgh Demonstrate Why Liens Work

ABC Supply Co. is a wholesale distributor of roofing materials, meaning that they frequently supply roofing materials to roofing contractors who then install those materials on residential and commercial properties. [custom_frame_left][/custom_frame_left] I came across a new story from the CBS affiliate in Pittsburgh about a group of mechanic liens they filed against residential projects in [...]

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Forget About Today’s Postage Increase And Lose Your Lien Rights?

A few weeks ago, we warned that the USPS was ready to increase postage rates in 2012.  The day of reckoning has come, and new postage rates go into effect today, January 23, 2011. Most important for those who send preliminary notices and other construction notices is the increase to first class mail.  The increase [...]

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