How Do Builder Allowances Work?
When you’re remodeling, you have the option to have builder allowances. Basically, this is a way to know what your budget is for a certain item or supplies that you or another entity provides, rather than your general contractor setting a specific budget for an item that they will provide the job. You choose what you want and choose whether to spend more or less than the allotted amount. Depending on who you ask, builder allowances might be presented as a great option or a nightmare in waiting. If you use builder allowances to your advantage, you might be able... View Article