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Version vom 11. Juli 2023, 14:30 Uhr

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A: Invariably, a banker wants an advance payment. This is to demonstrate that you will get a financial involvement and aren't apt to steer away from the project before you're done. After all, in construction, before the home is completed, truly isn't much collateral there for the banker to recoup should you flake out! Often 20% is the minimum required but there are exceptions to this!