Snap.Build Blog

Spec home building, which refers to the construction of speculative or inventory homes without a specific buyer in mind, holds several important benefits for residential builders: Risk Mitigation: Spec home building allows builders to diversify their projects and...

Whether you’re a new or experienced residential builder, each day brings new opportunities - and sometimes challenges. Sometimes the challenges are problematic but manageable such as a materials delivery that is a few hours late. In other cases, the challenge can...

As a residential builder, you know how difficult it is to construct a new property. You have to develop the plans, obtain permits, hire contractors and subcontractors, order materials and so much more. Yet, before you can even lay the foundation for a new construction...

As a builder you understand the difficulties of managing your projects - especially when you have simultaneous builds. First, getting a loan from a bank is a frustrating, time-consuming and sometimes futile process. All of that time spent trying to secure project...

When builders need to secure financing for their home construction projects (including spec construction projects), the traditional lenders have all of the power. The lender not only has the money - they can also potentially impact the builder’s personal finances if...

Record high inflation is not just having a negative impact at gas pumps and checkout lines. It’s also hurting the home construction industry. In the past year, the cost of construction materials and labor has soared. These steep prices forced every contractor and...

It’s no surprise that construction is a dangerous industry. Tens of thousands of construction workers are injured on the job each year, and according to OSHA, one in five job-related deaths in 2017 were in construction (roughly 1,000 per year). Those in construction...

Thriving builders will seek every avenue available to maximize construction project profitability, whether it’s finding new ways to reduce construction budgets or taking every measure possible to avoid construction mistakes. But don’t forget the power of increasing...

A crucial objective for any builder is to figure out how to increase the profitability of new construction projects. While we do provide guidance on how to reduce construction mistakes and avoid cost overruns, it is ultimately up to each builder to decide what their...