Did you not have a contract price agreed on?

Sep 12, 2020
6:52:43pm

ordinary tri guy Truly Addicted User

Yes, we just got hit but only reason was our contract has expired and builder went back to price it out again because of rising costs.

We are looking at another $7.5k

Report problem with this ad

ordinary tri guy

Previous username: whiteninja
Bio page: ordinary tri guy
Joined: Nov 24, 2008
Last login: May 12, 2024
Total posts: 23,202 (2,097 FO)

Report problem with this ad

Messages

Author

Time

Anybody else building right now and getting hit with these lumber prices?

cougfanz

9/12/20 6:48pm

Tell your framer that you want invoices.

WDaddy

9/12/20 6:49pm

Yea I’m trying to figure out the timing of this. Started framing in July.

cougfanz

9/12/20 6:52pm

Call the building materials supplier and ask how many price hikes they had since

WDaddy

9/12/20 6:55pm

I've stopped doing wood projects recently just because the lumber

Covid-19

9/12/20 6:51pm

I’m about to build and was told to wait until spring because they were so high

CougarTwins

9/12/20 6:52pm

Did you not have a contract price agreed on?

ordinary tri guy

9/12/20 6:52pm

Yes. But there’s some trigger clause that protects the builder I guess

cougfanz

9/12/20 6:53pm

Yea sounds like best option is to ask for receipts at this point.

ordinary tri guy

9/12/20 6:59pm

We’re prepping a build now... pretty much every builder contract allows for a 5%

46in96

9/12/20 7:43pm

My argument as well would settle around timing. If they started to frame 3

ordinary tri guy

9/12/20 8:03pm

The guy doing my cement offered to buy a big stack of 2x4s and plywood I had

byubyu

9/12/20 6:54pm

Good point. We have a huge waste collection from framing. I’ll tell them not to

cougfanz

9/12/20 6:55pm

Yup. Finished our basement. Lumber and drywall $$$

maxpowers

9/12/20 7:09pm

Meanwhile, forests are going up in smoke!

Cougar Junkie

9/12/20 7:10pm

Our development is just getting done with phase 1

CougarHut

9/12/20 7:15pm

Yes

Real Men Wear Blue

9/12/20 7:19pm

Yup

jxncoog

9/12/20 7:24pm

It’s legit. We were notified 1 month ago

jxncoog

9/12/20 7:26pm

I did a redwood deck two months ago. Lumber price was double the quote

Nat Gas Man

9/12/20 7:52pm

From KSL

Posting on CougarBoard