So it is not surprising that more and more Americans are interested in tiny homes and other ADUs.
And as the market grows, so does fraud.
The professor was inspired by animpressive presentationby the company Multitaskr and took out a loan to build an ADU.
Professor Krivogorsky, for example, took $100K from her retirement fund for the project.
We can only hope that the lenders will cancel the loans, given the current situation.
And what does this mean in particular?
Ideally, everything should be written down on paper and recorded in a contract signed by both parties.
No gentlemanly verbal agreements, and no vague speeches!
Better yetthrice, and even betterrefuse right off the bat.
Control over fundsRemember we said that all building milestones should be recorded in a contract?
And in an era when affordable housing is becoming a serious problem, its truly a pain point.
And do you, our readers, agree with this viewpoint?
Check out the results:
