Lincoln Business Builder (August 2014)

The LINCOLN BUSINESS BUILDER August 2014

Published monthly by the Home Builders Association of Lincoln

Volume 51 No. 8

2 Annual Friday, g Roast August 22 H nd

Join us for the second annual Lincoln Home Builders Care Foundation Hog Roast.

Festivities begin at 5:30 p.m.

Save us a call and send your RSVP

by August 15 to info@hbal.org or call 402-423-4225.

Cost: $15 for adults, $5 for children 12 & under More info on page 5.

This event benefits the Lincoln Home Builders Care Foundation.

Scan this QR code with your smartphone to view the Lincoln Business Builder on the go!

Need a QR code scanner? It’s easy and free to download an application from your service provider.

In this issue...

• Young Building Professionals page 7 • Sporting Clay Shoot pages 8-9 • Membership Drive pages 12-13 • HBAL Remodel pages 14-15

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President’s Message August 2014 Vol. 51, No. 8

President’s Message

Contents President’s Message 3 Upcoming Events 4 Spike Party 4 Hog Roast 5 Young Building Professionals Council 7 Sporting Clay Shoot 8-9 Member News 11 HBAL All Stars 12-13 HBAL Remodel & Expansion Project 14-15 NAHB Education 16-17 Rooftop Solar Panels Lower Electric Bills, Increase Value of Home 18 OSHA Update 19 Tornado Relief 20 Renewals 21 Directory Changes 21 Cancellations 21 Legally Binding Contracts 23 Home Sales Surge after Slow First Quarter 24 Don’t Let Faulty Appraisals Affect the Housing Recovery 25 Building Permits 26

Mike Kinning HBAL President The generosity of homebuilders, trades and suppliers is evident in the contributions to the tornado relief efforts for the communities of Beaver Crossing and Pilger through the Lincoln Home Builders Care Foundation. If you have not contributed through one of the many organizations assisting these communities and would like to, please send your contribution to the HBAL office (see page 20 for more details).

A stronger economy and storm damage have made for a ver y busy summer for many HBAL members. In some cases considerable overtime has been required. During these busy time periods, it is easy to relax on training and documentation. Remember to focus on safety training and document maintenance to prevent injuries and to be prepared in the event OSHA would conduct an inspection. Reports of more visits have been heard both locally and nationally.

Place events such as the 2nd Annual Hog Roast, Husker Night (GMM), Open House at the newly remodeled HBAL office and Young Building Professionals kick-off event on your calendar now. These and other upcoming events are great opportunities to connect and reconnect with fellow building professionals.

I look forward to seeing you on the golf course, at the Hog Roast and/or the Nebraska Champion’s Club for Husker Night!

Home Builders Association of Lincoln

Executive Committee

Young Building Professionals Council

6100 S. 58th Street, Suite C, Lincoln, NE 68516 (402) 423-4225 phone • (402) 423-4251 fax www.hbal.org • info@hbal.org

Mike Kinning, President

Matt Kinning

Mike May, President Elect

National Directors

Justin Johnson, 1st Vice President

Justin Johnson Mike Kinning Dan Klein, Sr. Jeff Bielenberg, Alternate Perry Haralson, Alternate Mike May, Alternate

The Lincoln Business Builder is published 12 times per year by the Home Builders Association of Lincoln, 6100 S. 58th Street, Suite C, Lincoln, NE 68516. The Lincoln Business Builder is mailed to all members of the HBAL.

Lori Wellman, CKD, CGR, CAPS, Secretary

The Home Builders Association does not accept responsibility for or endorse any statements or claims made by advertisers or authors of any articles.

Mike Benker, Executive Vice President

The annual subscription rate is included with your membership dues.

Mike Benker Jennie Korth

Publisher Editor, Photographer, Design

HBAL Staff Michaela Harrison & Jennie Korth

Perry Haralson, 2nd Vice President Bob Bryant, Treasurer Mike Rezac, Immediate Past President

Board of Directors Mark Aksamit, Taylor Ashburn, Jess Baker, CGP, Jeff Bielenberg, Roger Bumgarner, Ruth Hietbrink, Eric Hoke, Bo Jones, Matt Kleinschmit, Jerry Maher, CGP, CAPS, CGB, Lance Roach, Ken Svoboda

Remodelers Council AnDee Harris

National Life Directors Jim Christo, CGR, CGB, Steve Fulton, CGP, Joe Hampton, Duane Helmink, John Hoppe, Jr., Ward Fred Hoppe, Joe McKee, Robert Peterson, J. Greg Schwinn, Bob Stephens

Past Presidents Jerry Boyce, Mike Goings, Lois Hartzell, GMB, CSP, Rick Krueger, Dan Kubr, Donn Mann, Sam Manzitto, Roger Reynolds, CGR, CAPS, Greg Shinaut

3  Lincoln Business Builder

Upcoming Events | Spike Party

Calendar of Events Aug. 4-8

Special Office Hours 10:00 a.m. - 2:00 p.m.

Aug. 14

HOMEPAC, Board & Foundation Meetings HBAL Office • 6100 S. 58th Street, Ste. C 9:45 a.m., 10:30 a.m. & 11:45 a.m.

Aug. 14

Spike Party at Ribfest Festival Space • North of Pinnacle Bank Arena Call HBAL at 402-423-4225 to RSVP

Aug. 22

Hog Roast The Bridges • 3111 W. Covered Bridge Drive 5:30 p.m. • $15 for adults, $5 for children 12 & under

Please Note!

Special Office Hours The HBAL office will have limited office hours the week of August 4 - 8, so staff can attend the Association Leadership Institute.

August 4 - 8 10:00 am - 2:00 pm

Attention HBAL Spikes!

Get Ready for Summer Fun with Fellow Spikes!

Spikes “Pig Out” at Ribfest Thursday, August 14, 2014 Join your fellow Spikes at Lincoln’s largest cookout!

• Free admission for Spike & one guest • $$$$ for ribs & refreshments • Reserved seating for Spike Club Members • Entertainment • Award-winning BBQ chefs & pit bosses from around the country • Live music • Fun & conversation with other Spikes on a great summer evening Spikes fax this form to 402-423-4251 or RSVP to 402-423-4225 or info@hbal.org.

Reservations required by August 1 so we can mail you your tickets. _____ Yes, I want to “pig out” at the Ribfest _____ Sorry, I can’t attend _____________________________________ Spike Club Member’s name & name of guest

4  Lincoln Business Builder

Hog Roast

2nd Annual

H g Roast

Thank You to Our Sponsors!

Friday, August 22 • 5:30 p.m.

The Bridges

3111 W. Covered Bridge Drive

From Hwy. 77 and W. Denton Rd./Warlick Blvd., take W. Denton Rd. west to SW 27th St. Turn left on SW 27th, then right on W. Covered Bridge Dr. For a map of the area, go to https://goo.gl/maps/iR1je

Live Music

Come listen to Kenny Jones and Shawn Cole starting at 7:00 p.m.

Kid’s Bounce House 5:30-8:30 p.m.

Cost: $15 for adults, $5 for children 12 & under Seating will be available for the meal under the big tent. If possible, please bring camping chairs for use outside of the tent.

American Electronics Culligan Water Conditioning Custom Countertop, Inc. Dworak Plumbing Lincoln Winnelson Co. Raynor Doors of Nebraska Sponsorship Opportunities are available!

Contact Michaela at 402-423-4225 for more information.

Volunteers are needed for the event.

If you are interested in helping, please contact Michaela at michaela@hbal.org or 402-423-4225.

Save us a call and RSVP by August 15!

Email: info@hbal.org • Phone: 402-423-4225 • Fax: 402-423-4251

Yes, we’ll be there! _____ Adults & _____ Kids under 12 Name & Company ________________________________

This event benefits the Lincoln Home Builders Care Foundation.

5  Lincoln Business Builder

Almost Any Brick You Use Can Last for Hundreds of Years.

So Be Particular.

Y

ANKEE HILL BRICK manufactures the highest quality FBX brick in a color palette ranging from the traditional reds and buffs to the innovative pinks, maroons, and lavenders.

Standard and custom color ranges, sizes, and shapes are our specialty.

Brick murals and ornamentation are brought to a new level of sophistication at Yankee Hill Brick.

Rely on Yankee Hill to supply your project with the nest of materials.

3705 S. Coddington Lincoln, NE 68522

(402) 477-6663

6  Lincoln Business Builder

Face brick Paving brick

Thin brik veneer Pool Coping Ceramic tile and marble Keystones Address & entry signs Brick mural & ornamentation Crushed landscape brick

When it comes to cabinetry, Millard Lumber offers a vast and diverse selection. Whether it’s a color, finish, or look, Millard Lumber has the solution to any builder or contractors needs. Stop by our Design Center today for design assistance and free estimates. Millard Lumber also offers installation for all cabinets and hardware.

11200 N. 148th St., Waverly NE

4212 S. 133rd Street Omaha, NE 68137

(402) 330-2751

402.786.3030

M-F 7:30am - 5pm

Young Building Professionals Council

Join us for Burgers & Brews!

The Home Builders Association of Lincoln is excited to announce the launch of its Young Building Professionals (YBP). The focus of this young professionals council will be to engage the next generation of builders and associates, giving them a unified voice in the building community.

We are looking to our fellow HBAL members for support as we build this council:

YBP Launch Party Thursday, September 25 from 4:00 to 7:00 p.m. at HBAL’s newly remodeled office.

Diamond Sponsor

• Encourage participation and membership in the YBP (employees/trades); • Show support by allowing those you work with to attend YBP events;

Platinum Sponsor

• Participate in YBP yourself!

Contact Jennie Korth at 402-423-4225 or jennie@hbal.org for more details.

Sign me up!

Name: Company: Email: _____ I’ll be attending the Launch Party on September 25. _____ Please add me to the YBP member list. _____ I’m interested in being a sponsor.

Please return this form to: HBAL – YBP Council 6100 S. 58th Street, Ste. C Lincoln, NE 68516

Gold Sponsors Schwinn Homes, LLC JL Exteriors, Inc. Boyce Construction, Inc. Wilderness Construction Regal Building Systems Silver Sponsor Lincoln Cabinet Bronze Sponsors Lori Wellman Lowe’s

or email jennie@hbal.org.

7  Lincoln Business Builder

Sporting Clay Shoot

Seventh Annual Sporting Clay Shoot Friday, October 17, 2014 Oak Creek Sporting Club 2890 W Road • Brainard, NE

Sponsors (as of 7/28/14)

BBQ Sponsor

Sponsorships BBQ Sponsor........................................... $400 • Sponsor sign featuring company name or logo at clubhouse • Company name or logo on score cards • Station Sponsorship • 1/4 page ad in the Lincoln Business Builder for three months (a $300 value) • Recognition in the Lincoln Business Builder and in event promotions

Target & Ammo Sponsor.......................... $300 • Sponsor sign featuring company name or logo at clubhouse • Company name or logo on score cards • Station Sponsorship • Recognition in the Lincoln Business Builder and in event promotions

Elite Station Sponsor................................ $200

Elite Station Sponsors

LINCOLN

• Exclusive sponsorship at station • Display space at station to showcase equipment, vehicle or other products may be possible • Sponsor sign featuring company name or logo on designated station and at clubhouse • Recognition in the Lincoln Business Builder Representation is encouraged to meet and greet the shooters and keep score at that station.

Station Sponsor........................................ $100

Station Sponsors 84 Lumber JL Exteriors, Inc. Millard Lumber

Prize Sponsor Custom Countertop, Inc.

8  Lincoln Business Builder

• Sponsor sign featuring company name on designated station and at clubhouse • Recognition in the Lincoln Business Builder Representation is encouraged to meet and greet the shooters and keep score at that station.

Prize Sponsor............... $75 (or equivalent value in prizes) • Prizes will be purchased in your name to be given away at the event • Sponsor sign featuring company name at clubhouse • Recognition in the Lincoln Business Builder

Sporting Clay Shoot

Sporting Clay Shoot Sponsorship Registration If you’re interested in being a sponsor, contact Jennie at 402-423-4225 or jennie@hbal.org or complete the following registration form and mail it with payment to:

Lincoln Home Builders Care Foundation 6100 S. 58th Street, Ste. C • Lincoln, NE 68516 Yes! I would like to be a:

l BBQ Sponsor.......................................................... $400 l Target & Ammo Sponsor......................................... $300

Your Hometown Source For • House Beams • Columns • Brick Lintels • Joists & Deck • Miscellaneous Plate, Angle, Pipe & Tubing

l Elite Station Sponsor............................................... $200

APOLLO STEEL COMPANY

l Station Sponsor....................................................... $100

l Prize Sponsor........................................................... $75

l I do not wish to be a sponsor, but I do want to support the Lincoln Home Builders Care Foundation. Enclosed is my contribution of $______.

Fabricating The Future of Nebraska

Name:

7200 Amanda Road, Lincoln, NE 68507 Phone: 402-466-8587 • Fax: 402-466-0594

Company: E-mail: Total Amount Due: $

l Check enclosed

Deadline for Sponsorships is September 15, 2014 or until all sponsorships are filled.

Please note: This form is for Sponsor Registration Only!

A separate team registration form for shooters only is available at www.HBAL.org or by calling the HBAL office at 402-423-4225.

Local service for the life of your mortgage loan.

At Cornhusker Bank, we believe when you come to us for a mortgage loan, you expect to continue to work with us well beyond closing.

This is why we offer to service your mortgage right here in Lincoln.*

Life is good when banking is simple.

Stop by, call, or visit us online to learn more.

56th & South St.

|

CornhuskerBank.com

* Not all mortgage loans qualify for the local servicing program.

Please contact a mortgage lender for details.

|

402-434-2265

Member FDIC

|

9  Lincoln Business Builder

Bob Nohavec Plumbing

420-1552

Service • Remodeling • New Construction Free Estimates Bob Nohavec, Master Plumber 3400 S. 6th Street, Lincoln, NE 68502

• Furniture • Flooring • Appliances • Electronics

Give Your Customers

MORE!

More choices, more brands, more savings.

Nebraska Furniture Mart provides an unrivaled selection of products and services all under one roof, making it a one-stop center for your contracting and building needs. We understand your business needs, and understand what you need to make it successful.

Showroom open everyday at 10am

Contractor Sales Division 700 S. 72nd St. • Omaha, NE 68114 Monday - Saturday: 10am to 9pm Sunday: 10am to 6pm Contractor Sales: 800-776-5066 © 2014 Nebraska Furniture Mart, Inc.

10  Lincoln Business Builder

Member News

Member News In Sympathy Our sympathy to Heidi & Karel Polacek, Lincoln Cabinet, on the death of Heidi’s grandmother, Sharon Goehring, who passed away on July 23.

January 20-22, 2015 • Las Vegas

HBAL Mailbox

www.buildersshow.com

Registration opens September 2!

During the month of September, NAHB members can register for a free expo pass to the building industry’s biggest event – plus spouse registration is also free!

Dear HBAL, ess I would lik e to expr u my gratitude to yo L for making the HBA . I scholarship possible of was thrilled to learn honor my selection for this ful and I am very grate of your support.

Sincerely, Jared Michl

Lincoln Home Builders Care Foundation Please consider a contribution to the Lincoln Home Builders Care Foundation when designating memorials. Funds go to scholarships and awards for students who want to be involved in the construction industry. Gifts can also be designated as a specific scholarship to be awarded to worthy students who plan to enter our industry. Gifts are tax deductible to this 501(c)(3) non-profit organization.

Please contact Bob Bryant (402-486-1040) or Mike Benker (402-423-4225) if you have questions.

11  Lincoln Business Builder

c HBAL All Stars

E

HBALE

S t a l r l s A

MEMBERSHIP PRIZES 1st Place Prize

$50 per new member recruited up to $500

2nd Place Prize

$40 per new member recruited up to $400

3rd Place Prize

$30 per new member recruited up to $300

Bonus Prize

$100 for the first 10 members who recruit 10 new members Membership contest runs from January 1, 2014 to November 10, 2014. For complete rules, contact HBAL at 402-423-4225.

12  Lincoln Business Builder

Look for more information in upcoming issues of the Lincoln Business Builder!

RECRUITING TOOLS Available at www.hbal.org/members/ hbal-all-stars-membership-drive/

• The “6 Reasons” card can be printed directly from the HBAL website and shared with prospective members.

• A sample letter can be downloaded and formatted to fit on your letterhead. Mail it along with an HBAL Membership Packet which can be picked up from the HBAL office.

• A sample email is also available to send to prospects along with an application and “Your Sure Path to Savings” flyer.

• Request a list of cancelled members or hot prospects from the HBAL office.

• Review your business contacts and encourage them to join.

• Anyone who benefits from a healthy housing industry should be a member of HBAL. Download a helpful list of company categories to think about and start recruiting today!

HBAL All Stars

CURRENT STANDINGS Andrew Will (1)

Jerry Maher (1)

Mark Aksamit (1)

• Schneider Custom Homes

• Energy Pro 2020

• Terry Quality Homes

Austin McKillip (1)

Jim Christo (2)

Mike Kinning (1)

• Excel Construction Company, LLC

• Deprez Custom Homes • Great Western Bank

• Synergy Homes, Inc.

Bo Jones (1)

Jo Lewis (1)

• Premium Carpet Care, LLC

• Wood Floors ‘R’ Us

• Vasa Construction, Inc.

Dan Kubr (1)

John Hendricks (1)

• The Home Depot #3204

• Custom Scapes & Tree Removal, LLC

Donna Reis (1) • Weddle and Sons Roofing

Greg Schwinn (1) • Landscape Curbing of Lincoln

James Lamb (1) • Epp Concrete Construction, Inc.

Jeff Taake (1) • Champion Windows

Lance Roach (1) • You’re The Boss

Lois Hartzell (2) • CharterWest Mortgage • Rembolt Development, LTD

Lori Wellman (1) • Olson Drafting & Design

Mike Rezac (1) Nate Krieser (1) • A4K Heating & Air

Royce Koehler (1) • Your Next Tire

Ruth Hietbrink (2) • Leighton Homes • J-Tech Construction, Your Local Window Depot

Steve Peregrine (1) • Seward County Housing Corp.

Vladimir Oulianov (1) • Old City Building Group

13  Lincoln Business Builder

HBAL Remodel & Expansion Project

14 ď ´ Lincoln Business Builder

HBAL Remodel & Expansion Project

Special thanks to Mike Kinning, Kinning Design Build, for acting as general contractor for this project.

Thanks to these companies who have committed to help or have already helped with this project: Krueger Development Union Title Company Ken Koch Design-Drafting First Choice Rolloffs Window Option Specialists Radebaugh Custom Carpentry Earl Carter Lumber Comfort Techs, Inc. Action Plumbing & Heating Lincoln Winlectric Eric’s Electric American Electronics FBM - Wagner Foundation Building Materials Cohawk New Horizons Drywall Sherwin-Williams Co. CS Kitchen & Bath Studio Lincoln Laminating, Inc. EMO Flooring Company Millard Lumber, Inc. Carl the Handyman Chet’s Transfer, Inc. Meeske Custom Trim Lincoln Cabinet Camherdz Services Corporation Ruhlman Eilers Construction The Glass Edge Briggs, Inc. of Lincoln Al’s Johns BAJCO Construction Premier Distributing The Cleaning Ladies V2K Window Decor & More

15  Lincoln Business Builder

NAHB Education

NAHB Education NAHB Education provides collaborative, dynamic professional development opportunities. They meet you where you are — no matter what your career stage, the time you are able to commit, or whether you need a basic framework or a complete course load. As a result, you’ll develop a network of resources to build your knowledge and help you draw a blueprint for success.

New Perspectives. Innovative Approaches. Essential Topics. Flexible Formats.

Courses www.NAHB.org/courses Designations www.NAHB.org/designations NAHB offers dozens of educational courses and seminars especially tailored for your needs as a building professional. These programs focus on practical training for newcomers and veterans alike, with lots of ideas and strategies you can use every day to improve your business and advance your career.

• Advanced Green Building: Building Science • Advanced Green Building: Project Management • Basics of Building • Builder Assessment Review (BAR) • Building Codes Standards & Guidelines • Building Safety Programs • Building Technology: Structures and Exterior Finishes • Building Technology: Systems and Interior Finishes • Built to Sell: The Partnership of Market and Design • Business Accounting and Job Cost • Business Management for Building Professionals • Certified New Home Sales Professional (CSP) • Construction Contracts and Law • CSP I: The Art and Science of Selling • CSP II: Understanding New Home Construction • CSP III: Selling Skills for New Home Sales Professional • Customer Service • Design/Build • Design/Build Solutions for Aging and Accessibility (CAPS II) • Diversification: Capitalizing on New Business Opportunities • Effective Marketing On A Shoestring Budget • Essential Closing Strategies • Estimating for Builders and Remodelers • Financial Management • Green Building for Building Professionals • Home Technology Integration • House Construction as a Selling Tool • Housing Credit Certified Professional Exam • Increased Profits Through Effective Builder Broker Cooperation • Land Acquisition & Development Finance • Land Development: Site Planning and Zoning • Lifestyle Merchandising, Advertising, and Promotion Strategies (IRM III) • Marketing & Communication Strategies for Aging & Accessibility (CAPS I) • Marketing Strategies, Plans and Budgets (IRM II) • Master Train the Trainer • Multicultural Sales Techniques and Strategies (NEW) • Negotiating Skills • Part I: Spokesperson Training-Question and Answer Skills for Business and Media • Part II: Spokesperson Training - Presentation Skills • Professional Remodeler Experience Profile (PREP) • Profitable Business Through Quality Practices • Project Management • Risk Management and Insurance for Building Professionals • Sales & Marketing • Sales & Marketing for Remodelers • Scheduling • Train the Trainer • Universal Design/Build

16  Lincoln Business Builder

If you’re looking to take your career to the next level, consider one of NAHB’s 13 professional designations in building, remodeling, green building, sales and marketing and low-income housing tax credit. They’re designed to boost your skill set and as a means to differentiate yourself to customers and employers.

• Certified Aging-In-Place Specialist (CAPS) The CAPS designation program teaches the technical, business management, and customer service skills essential to competing in the aging-in-place market.

• Certified Graduate Associate (CGA) Learn about the home building business from the best source possible: builders and remodelers with years of field experience.

• Certified Graduate Builder (CGB) CGB is an exclusive professional designation designed to emphasize business and project management skills.

• Certified Graduate Remodeler (CGR) Certified Graduate Remodeler (CGR) is an exclusive professional designation designed to emphasize business management skills as the key to a professional remodeling operation.

• Certified Green Professional (CGP) The Certified Green Professional™ Designation teaches builders, remodelers and other industry professionals techniques for incorporating green building principles into homes—without driving up the cost of construction.

• Certified New Home Marketing Professional (CMP) CMP is the mid-level designation for IRM students who have completed the marketing intensive IRM courses I through IV. • Certified New Home Sales Professional (CSP) The CSP designation was designed for specialists in new home sales to enhance their professional image, increase their marketability in the home building industry, and sell more homes!

• Graduate Master Builder (GMB) Graduate Master Builder (GMB) courses are more advanced with in-depth instruction geared for experienced building professionals.

• Graduate Master Remodeler (GMR) The Graduate Master Remodeler (GMR) program includes advanced and updated courses geared toward experienced remodeling professionals.

• Housing Credit Certified Professional (HCCP) The Housing Credit Certified Professional (HCCP) is a specialized designation for developers, property managers, asset managers, and others working in the affordable housing industry.

• Master Certified Green Professional (Master CGP) The Master CGP builds on the Certified Green Professional (CGP) designation and expands into the mechanics of green building. Exclusively for experienced builders and remodelers, the this designation comprises a more in-depth study of green building science and methods.

• Master Certified New Home Sales Professional (Master CSP) This designation acknowledges the continued educational achievements of graduates of the CSP program.

• Master in Residential Marketing (MIRM) The MIRM designation is the top-level achievement for professionals in new home marketing.

NAHB Education

Specialized Team Training

NAHB Education builds a better industry with learning opportunities for all housing industry professionals—from builders and remodelers to project management and sales staff. We keep you informed on housing policy, finance, design, technology, business management, new home sales and marketing and more.

Whether online or brick-and-mortar, you get the knowledge you need to grow, profit and succeed.

Webinars www.NAHB.org/webinars

Get a jam-packed hour of expert discussion on industry issues, trends and best practices in NAHB’s five webinar series: Economics and Research, Policy and Finance, Design and Technology, Sales and Marketing and Business Improvement.

Webinars are a great way to get quick, insightful information from a variety of perspectives no matter where you are.

August’s webinar focuses on opportunities to obtain financing for small home builders and water features, while September’s webinar will provide smart strategies for smart technology.

August • Construction Financing for Small-Volume Home Builders Wednesday, Aug. 6, 2-3 p.m. ET Housing Finance and Policy series This webinar is directed to NAHB’s small-volume builder members who are experiencing difficulties in finding and securing financing for vertical construction.

Presented by NAHB Housing Finance • Water Features and Landscape Architecture for SingleFamily Homes and Communities Wednesday, Aug. 27, 2-3 p.m. ET Design and Technology series This session will talk about top water and landscape architecture features that home buyers want to see when they purchase either a single-family custom home or buy into an entire community.

Presented by Best in American Living and NAHB Land Use and Design

September • Big Picture Marketing for 2015: Building a Solid Foundation for Your Business Wednesday, Sept. 10, 2-3 p.m. ET Sales and Marketing series Learn how and why your website serves as the center of your strategy and what that means for how to handle each of your marketing tactics and activities. Get ideas for improving your marketing program with dozens of real-world examples of current, successful and innovative marketing tactics being used by home builders across the nation.

Presented by NAHB BuilderBooks

Continue to grow in your professional endeavors. Whether you’re looking to advance in your career or gain additional knowledge about a particular topic, NAHB Education offers a wide range of learning options. Along with exclusive course and designation sponsor Lowe’s ProServices, NAHB is committed to providing the best residential home building knowledge to foster success in the industry.

For more information about NAHB’s education programs, go to www.NAHB.org/education or contact the Professional Designation Help Line at 800-368-5242 x8154 or designations@nahb.org.

Online BAR/PREP Assessments Available Soon!

Beginning September 1, students can complete the timed BAR and PREP assessments online, allowing them to take the first step in their journeys toward earning Certified Graduate Builder (CGB) and Certified Graduate Remodeler (CGR) NAHB designations from the convenience of their own personal computers.

The new technology will allow students to receive their BAR and PREP results within 24 hours, significantly less than the 4- to 6-week wait that is currently in place.

If you are interested in taking the BAR or PREP assessments, please contact Jennie Korth at 402-423-4225 or jennie@hbal.org.

October • Top 10 OSHA Citations for Construction and How to Avoid Them Wednesday, Oct.15, 2-3 p.m.

Housing Finance and Policy series During this webinar, you will receive a list of the top 10 OSHA citations in the residential construction industry and specific requirements and methods to comply with these standards.

Presented by NAHB Construction, Codes and Standards

Continuing Education NAHB professional designations: Webinars count for one hour of continuing education credit.

17  Lincoln Business Builder

Rooftop Solar Panels Lower Electric Bills, Increase Value of Home

Rooftop Solar Panels Lower Electric Bills, Increase Value of Home What was once considered an expensive novelty for environmentalists has quickly become a growing trend among energy-conscious home owners: installing solar panels on your rooftop.

Over the past few years, the cost of solar panel systems has decreased dramatically – more than 50% since 2010 – making this energy-producing tool a more affordable option for many home owners.

At the same time, federal and state incentives along with energy-efficient mortgages – which factor in lower energy costs when calculating how much a buyer qualifies to borrow– have helped home owners see the value of investing in this renewable technology.

The most common solar technology used for homes is rooftop solar panels, also known as photovoltaic (PV) systems. Today, almost 450,000 homes and businesses have solar systems, according to the Solar Energy Industries Association.

Recognizing the growing popularity of solar energy, some home builders have begun offering solar panel systems on new homes. Other home buyers choose “solar-ready” homes, which will make it easier for them to have solar panels installed in the future.

And, if you don’t like the look of traditional solar arrays, you can now buy solar-powered rooftop shingles that blend seamlessly into your roof.

As more home buyers become interested in this technology, they are looking for both new and existing homes that offer solar power systems. Increasingly, home appraisers are including the value of a home’s green features – including solar power systems – into their appraisals.

That means that installing a solar panels now will not only help you save on your electric bill, it will make your home more valuable when you are ready to sell.

A special offer for members only.

Register now and save 2% on your Lowe’s Accounts Receivable purchases.** Plus, get free delivery on purchases of $500 or more.†

If you’re considering installing solar panels on your home, here are a few things to keep in mind: • Calculate how much energy your household uses now – and in the future.

Before installing solar panels, you need to know how much energy your household uses now and how much your energy consumption will change in the future. A young family can expect their usage to increase as their family grows, while families with older children may see their consumption decrease as their kids leave the house. Talk to your solar installer about these changes so that they can determine the right system to install.

• You will still receive a bill from your power company.

Although your solar panels are producing some energy for your house, you are still using the electric grid and will receive a monthly electric bill. Check with your local power company to learn how they will calculate your bill. Some electric companies allow solar customers to sell any “excess” solar power back to the grid, allowing customers to receive a credit – in addition to their energy savings – on their monthly bill.

• Understand and protect your solar power investment.

Before your solar panels are installed, learn about the different types of warranty coverage offered by both the panel manufacturer and the panel installer.

Manufacturers typically offer 20- or 25-year warranties, while solar installers offer shorter warranties for their work. It’s important to understand who is responsible for the various components of the system.

After the system is installed, you’ll want to protect this major home investment, too.

Talk to your home insurance provider about adjusting your property insurance to ensure the panels are covered from any damage caused by fire, storms, etc.

To find a solar installer, visit buildershow.com and search for “solar” products on the 2014 exhibitors page.

18  Lincoln Business Builder

To register, visit LowesForPros.com/NAHB or call 877-435-2440. *Offer is not automatic. See store for details.**Offer valid now through 12/31/2014. Cannot be combined with any other statement discount. To be eligible for the 2% discount, you must register your NAHB membership by 12/31/2014 and make a purchase with your Lowe’s Accounts Receivable by 12/31/2014. Allow one to two complete billing cycles for your registration to be processed and for your discount to appear on your billing statement. Offer and discount provided by Lowe’s, and not GE Capital Retail Bank. Excludes Lowe’s Business Account Card, Lowe’s Consumer Credit Card, Lowe’s Visa Accounts, Lowe’s Business Rewards from American Express Card and all Lowe’s Canada Credit projects.

Offer not valid on purchases made prior to registering NAHB membership at LowesForPros.com. Call 877-435-2440 for questions about this program.

All purchases subject to credit approval. †Standard delivery rules apply. ©2014 Lowe’s. LOWE’S, Gable Mansard Design are registered trademarks of LF, LLC.

OSHA Update

OSHA Update

local lending

Bank Local. Local Decisions. Local Mortgage Servicing.

When your mortgage loan is with West Gate Bank®, we have something many banks can’t offer— local decision-making, local processing and local servicing.

That means that during the entire mortgage process and after closing, we’re here to assist you in Lincoln, Nebraska.

Let West Gate Bank® guide you through the entire buying or building process to finance your dream home.

westgatebank.com | 402-434-3456 | member FDIC | Lincoln’s Bank

Your Building Envelope Specialist!

• Solving problems for contractors with Icynene foam since 1995.

• Spray foam is only as good as the installers.

• Both open cell and closed cell insulation available.

Contact Rick McConnell

402-643-2340 or 402-641-1254 rickmcconnell@inebraska.com www.mcconnellthermalservicesllc.com

There are strong signs that OSHA is increasing its enforcement actions on home building sites throughout the country—in both Federal and state plan jurisdictions. One of the main reasons is that new data shows the number of fatalities in residential construction increased by 37% compared to just a 3% increase in nonresidential construction in 2012, which is the most recent data available. OSHA has also instituted a number of local enforcement emphasis programs aimed at reducing numerous construction hazards, including those in residential.

There are a few simple things that builders and trade contractors should do to improve safety on the jobsite and be prepared for OSHA inspections: • Conduct an assessment to identify and correct safety hazards on the jobsite; • Conduct appropriate safety training for employees; • Update records and make sure they are readily available; • Understand the OSHA inspection process (go to www.nahb.org and search “OSHA Inspection Toolkit”).

Builders and trade contractors should pay particular attention to the following hazards, which are the top 10 most frequently cited Federal OSHA construction standards in 2013: 1.

2.

3.

4.

5.

6.

7.

8.

9.

10.

1926.501 - Duty to have fall protection 19260.451 - General scaffold requirements 1926.1053 - Ladders 1926.503 - Fall protection training requirements 1910.1200 - Hazard Communication 1926.102 - Eye and face protection 1926.100 - Head protection 1926.453 - Aerial lifts 1926.651 - Specific Excavation Requirements 1926.20 - General safety and health provisions

In regards to No. 9 above, there have been some recent questions by builders about OSHA’s requirements for house foundations/ basement excavations. For those parts of the country where basements are common, the area between the house foundation and basement excavations becomes a trench (by OSHA’s definition) when constructing formwork, foundations, or walls. In 1995, OSHA issued a memo “Suspension of 29 CFR 1926.652 to House Foundation/Basement Excavations”, whereby the agency altered the trenching/exaction requirements of the regulation as they apply to house construction, which is still in effect at the present time. This memo essentially requires house foundations to be benched 2 feet horizontal for every 5 feet vertical and the other conditions outlined in the memo exist. More information for OSHA’s trenching and excavation requirements can also be found in NAHB’s Trenching and Excavation Safety Handbook.

Finally, there are additional resources to assist builders: • NAHB’s Construction Safety & OSHA webpage, which contains compliance assistance information and safety toolkits here: www.nahb.org/safety; • NAHB’s OSHA Inspection Toolkit that provides information on dealing with OSHA’s stepped-up enforcement; • Easy-to-use handbooks and videos that present key safety issues builders and workers need to focus on to reduce accidents and injuries, go to www.hbal.org and click on the Builder Books logo; and • OSHA Assistance for the Residential Construction Industry: http://www.osha.gov/SLTC/residential/index.html.

If you have any questions or need any additional information, NAHB can help. Go to www.nahb.org/OSHA or contact the NAHB Labor, Safety and Health Policy staff: Rob Matuga, at rmatuga@nahb.org or 800-368-5242 Ext. 8507 or Chelsea Vetick at cvetick@nahb.org or Ext. 8590.

19  Lincoln Business Builder

Tornado Relief

Tornado Relief

The spring of 2014 will be remembered for its active weather. Many of our family, friends and neighbors have experienced hail, wind, flooding and tornadoes. The Lincoln Home Builders Care Foundation (LHBCF) is accepting donations to be shared 100% with the local communities of Beaver Crossing and Pilger, Nebraska.

You may designate one community or allow your donation to be split between the communities. The LHBCF is a 501(c)(3) and a contribution letter will be returned for tax purposes. The following funds will be the ultimate destination of the money collected. Each fund is local and will be used directly by the community.

Village of Beaver Crossing Donation c/o Farmers & Merchants Bank Pilger Community Development Fund c/o Midwest Bank

Whether “Paying it Forward” or “Returning the Support,” your thoughts, prayers and support is greatly appreciated.

Checks may be sent to: Lincoln Home Builders Care Foundation, 6100 S. 58th Street, Ste. C, Lincoln, NE 68516.

Please note if your donation is for only one location.

You may call the HBAL office at 402-423-4225 with any questions.

20  Lincoln Business Builder

Renewals | Directory Changes | Cancellations

Thanks for Renewing Your Membership!

(Please allow 60 days for names to appear on this list.)

Al’s Johns, 15 years Anden Bruns Construction, 1 year Artz & Sons Construction, 13 years Aspen Builders, Inc., 21 years Bob Nohavec Plumbing, Inc., 31 years Bonsall Pool & Spa, 28 years Bugbee Homes, 12 years Capitol City Electric, Inc., 18 years Civil Design Group, 9 years The Cleaning Ladies, 15 years Contractors Siding & Window Supply, 21 years Dallman Drywall, Inc., 15 years Design Associates, 4 years Don Johnson Homes, Inc., 16 years Earnest Well Drilling, Inc., 19 years Fulton Construction, Inc., 25 years Hunt Irrigation, Inc., 16 years Illuminations Lighting, Inc., 7 years INSPRO Insurance, 4 years John Henry’s Plumbing, Htg. & A/C, 14 years Keystone Homes, 14 years Krogman Tile Co., Inc., 25 years Land Escapes, Inc., 7 years Lincoln Lighting Center, 38 years

Directory Changes • Kurt Micek is a new affiliate member with HBE Becker Meyer Love, C.P.A.’s.

• New address for Trademark Builders is 2610 S. 74th Street, Lincoln, NE 68506-2936.

• New address for Third Generation Builder is 7208 Rutha Lane, Lincoln, NE 68516-9509.

• New address for Buhr Homes, Inc. is 7700 S. 96th Bay, Lincoln, NE 68526.

• Allen Grimes is the new principal member for Legacy Homes. Cell: 402-214-2211.

Email: allen.grimes@legacyhomesomaha.com.

• Holly Benes is the new principal member for Nebraska Title Co. Phone: 402-476-8818.

Email: hbenes@nebtitleco.com.

• Stephanie Tonniges is a new affiliate member with Nebraska Title Co. Email: stonniges@nebtitleco.com.

• John Jurgensmeier is the new principal member for Roof Depot. Email: john.jurgensmeier@roofdepot.com.

Sorry to See You Go! If you see your company listed below, contact HBAL at 402-423-4225 to renew your membership TODAY! Legend Homes Quality Water Services, Inc. Shotkoski and Associates

Lincoln Title, 8 years LincolnFirst Realty, 5 years Milestone: Inspired Composites, 1 year Miller Landscapes & Construction, Inc., 20 years

Moving?

New Ventures, Inc., 28 years Prairie Gold Housing, Inc., 10 years Prairie Home Builders, Inc., 24 years R & D Custom Homes, 18 years Reams Sprinkler Supply Co., 22 years Regal Building Systems, Inc., 21 years Residential Drafting Services, Inc. (RDS), 13 years Rew Materials, 25 years Sam’s Club, 2 years Schwinn Homes, LLC, 32 years Seal-Rite Insulation, Inc., 14 years Smetter Custom Homes, 7 years Special Tee Remodeling, 4 years Stephens & Smith Construction Co., 42 years Stonybrook Homes, Inc., 9 years Strain, Slattery, Barkley & Co., CPA’s, P.C., 24 years TECHMASTERS, 4 years Union Bank & Trust Co., 25 years Willow Ridge Builders, 1 year Wolf Professional Realty, PC, 4 years

Be sure to contact the HBAL Office at

402-423-4225 to update your contact information.

21  Lincoln Business Builder

BUILD

% 100 HARDIE

™

because your homes mean everything

Every project is a reflection of you. When you build 100% HARDIE,™ homebuyers know they’re getting the absolute best. With siding and trim products that are Engineered for Climate,® your work withstands the harshest Midwestern winters and hot, windy, humid summers. Only James Hardie® products give homes the warmth and character of real wood with lower maintenance. For complete exteriors that homebuyers recommend to their neighbors, it has to be 100% HARDIE.™

Learn more about how a 100% HARDIE ™ home stands up to the elements. jameshardie.com

© 2013 James Hardie Building Products, Inc. All Rights Reserved. TM, SM, and ® denote trademarks or registered trademarks of James Hardie Technology Limited. The is a registered trademark of James Hardie Technology Limited. AD1352 11/13

22  Lincoln Business Builder

Legally Binding Contracts

Legally Binding Contracts

By Michael J. Arens, CPA, HBE Becker Meyer Love LLP In business, the importance of forming quality contracts cannot be underestimated. A well-written contract can protect all parties involved, whereas a poor contract can lead to disaster. Contracts are entered into often, whether they are oral or written. In fact, every time a promise is made to exchange property or services, a contract is formed.

Contracts can be unclear and difficult to enforce. More importantly, these agreements can be tough to prove in court if not explicitly written. Because contracts are entered into so regularly and can have such a large impact, it is crucial that they are formed to protect the parties involved.

Before signing a contract, here are a few important issues to understand: 1. Put the contract in writing. If a contract isn’t in writing, it can be very difficult to prove what an agreement might have been. If an arrangement is discussed over the phone or in person, jot it down and have both parties sign.

2. Make sure the terms are satisfactor y. If the proposed terms of a deal are not to your liking, propose a counter-offer. Once the contract is signed it becomes enforceable, so don’t be afraid to ask for modifications before signing anything.

3. Be specific and clear. Make sure all facets of the agreement are covered and easy to understand. If the contract is based on an earlier verbal agreement, be sure the terms agree to what was originally discussed. Use simple language to avoid confusion and misunderstandings. Confusion can lead to incorrect assumptions, which can ultimately result in a lawsuit.

4. Be consistent. If a certain item is used more than once in the agreement, don’t change the term unnecessarily. For example, it could be confusing if “cargo” was used in one paragraph, “goods” in another paragraph, and “freight” in yet another.

In addition to the above general guidelines, there are also several specific items that should be taken into account: 1. Duties and responsibilities. Be sure to include a specific description of the duties and responsibilities of each of the parties involved, and the date by which the item should be completed. Each item to be completed should be easy to understand and specific.

2. Warranties. In contract law, a warranty is a promise by one party to another party that certain facts are true. Typically, these warranties deal with issues such as the ownership of goods and the right to sell or designate them. For contracts which include the sale of goods, certain warranties are implied under state law unless they are expressly disclaimed. It is important to watch for these warranties when signing a contract.

3. Termination. A termination clause explains how either party can end the contract and the steps that must be taken to do so.

Generally, a breach of contract by one party will grant the other party the option to terminate. The contract should also explain specifically how to give notice that the right to terminate is being exercised, and if the person at fault has any opportunity to resolve the issue.

4. Remedies and arbitration. When a contract is broken, a remedy clause can be used to name the rights of the party who was not at fault. Many times, this clause is designed to limit the liability for damages of the party who was not at fault. An arbitration clause provides that a dispute must be resolved outside of court. Typically, the clause will indicate the name of the organization that will handle the arbitration and who will be responsible for the cost.

5. Merger clause. A merger clause helps to prevent evidence that is not included in the contract from being used in court to replace the terms of the agreement.

Contract law is a complex and complicated subject. When in doubt, it is always best to consult an attorney before signing or verbally agreeing to a contract that requires certain acts to be performed.

RAKE IN UP TO $6,000 IN SAVINGS. Example savings on a Silverado/Sierra 2500HD Crew Cab: UP TO

1,000 + 4,000 + 1,000 = 6,000

$

$

Private Offer1 for NAHB Members

National Fleet Purchase Program (FVX)2

$

$

GM Accessory Cash Allowance3,4

In potential value

A private offer that will boost your bottom line.

As the exclusive automotive manufacturer of the National Association of Home Builders (NAHB), we’re pleased to extend to our association members a private offer1 of up to $500 toward the purchase or lease of most new GM vehicles. NAHB members who are business owners can now qualify for up to $1,000 and also add on incentives from the National Fleet Purchase Program2 and Business Choice3 to get the best value on vehicles that run your business. To get this offer, just visit your local dealer, choose an eligible GM vehicle, and present your NAHB proof of membership form.

For private offer details, visit nahb.org/gm.

2014 CHEVROLET SILVERADO 2500HD

1 Private offer amount varies by model. $500 offer for retail deliveries and up to $1,000 offer for fleet deliveries. Valid toward the purchase or lease of eligible 2013, 2014, and 2015 model-year vehicles. Customer must take delivery by 1/2/15. Not compatible with other private offers. Not valid on prior purchases. Compatible with many current incentives. Incentives are subject to change without notice. Excludes Buick Regal (2014); Chevrolet Corvette (2014), Sonic, Spark, SS, Volt; all Cadillac models. FAN number required. See dealer for complete details.

2 Offer eligible for non-CAP customers only through 12/31/14. See dealer for details.

3 To qualify, vehicle must be used in the day-to-day operation of the business and not solely for transportation purposes. Must provide proof of business. For complete program requirements, including information regarding offers, vehicles, equipment, options, warranties, and ordering, consult your dealer or visit gmbusinesschoice.com. Take delivery by 9/30/14.

4 Not valid with all offers. See dealer for details. Take delivery by 9/30/14. Amounts include parts and labor. ©2014 General Motors. All rights reserved.

23  Lincoln Business Builder

Home Sales Surge after Slow First Quarter

Home Sales Surge after Slow First Quarter Housing news continued to improve as pending home sales surged following a slow first quarter. Home prices also continued to move higher but at a more moderate pace, suggesting the extra push caused by investors may be slowing. Economic news, however, was mixed. Consumer confidence increased in response to improving labor market conditions. On the other hand, new estimates from the first quarter revealed a steeper decline in real GDP. Early indications are that real GDP will reverse course from a dismal first quarter and gains in housing will continue the pace set before the end of 2013.

Pending homes sales posted the biggest month-over-month increase in four years. The Pending Home Sales Index (PHSI) increased 6.1% in May. The increase in pending home sales follows a healthy increase in existing home sales and a Census report showing a surge in new home sales. In May, new single-family home sales increased 18.6% from the prior month.

The first quarter of 2014 continued to disappoint as the Bureau of Economic Analysis released its third estimate of real GDP. According to the release, real GDP contracted at a 2.9% seasonally adjusted rate. The second estimate showed real GDP decreasing by 1%. The poor result is largely due to declining inventories, exports, and fixed investment. Housing’s contribution to real GDP was 15.6% in the first quarter of 2014, which is low compared to historical standards. Real GDP and housing’s share of real GDP are expected to grow in the second quarter.

Consumer Confidence Index hit its highest level since January 2008. The index rose three points to 85.2. Consumer outlook on the present situation and expectations of economic conditions also improved from the prior month.

Although sentiment recovered in June, builders remain cautious due to supply constraints including a persistent shortage of labor.

A recent NAHB survey found a particularly acute shortage of carpenters. In particular, a serious shortage of framing crews was reported by 15% of builders while 52% reported some shortage.

The survey also found that builders reported a more difficult time finding subcontractors when compared to hiring directly-employed workers.

In a related post, NAHB examined specialty trades or subcontractors. The analysis found lower volatility in specialty trade one-person firms versus company employment during the Great Recession. For example, employment in multi-employee companies decreased 19.4% from 2008 to 2009 while one-person firms declined just 3.7%. Lower volatility reflects the ability of a oneperson firm to better adjust to changing market conditions.

In two posts, NAHB economists discussed results of a recent survey from McGraw Hill Construction (MHC) that queried a set of NAHB single-family and multifamily members and asked a series of questions on cost and prevalence of green building. The survey found that a majority of single-family and multifamily builders The latest estimate of residential construction spending from the are doing more than 15% of their projects as green. Respondents U.S. Census Bureau shows a slight decrease from the prior month indicated that increasing consumer interest is a reason for growth but strong growth from one year ago. In May, private residential in this area. The incremental cost for builders to construct green spending fell 1.5% from the revised April estimate but grew 7.5% homes was 8% in 2013. The higher cost of incorporating green from May 2013. The release shows significant improvement for features suggests that consumer choice should hold the leading Home Surge after Slow Firstshare Quarter the single-family and multifamily categories from a year ago.

On Salesrole in determining market of green homes. a three-month moving average basis, single-family construction spending increased by 12.3% and multifamily construction spending increased by 33%.

Eye on the Economy

The employment situation improved according to the latest release from the Bureau of Labor Statistics (BLS), with widespread employment growth in professional and business services, retail trade and health care.

Payroll employment grew by 288,000 in June. The threemonth average is 272,000 jobs added per month. The unemployment rate improved as the number of unemployed decreased 325,000. The June unemployment rate of 6.1% fell from the prior month and is well below the June 2013 unemployment rate of 7.5%.

Improvements in the labor market are reflected in recent gains in consumer confidence. Consumers were more optimistic about the labor market in June and the

24 ď ´ Lincoln Business Builder

Housing news continued to improve as pending home sales surged following a slow first quarter.

Don’t Let Faulty Appraisals Affect the Housing Recovery

Don’t Let Faulty Appraisals Affect the Housing Recovery Before you buy a home, your lender requires an appraisal so they can be confident the amount of money they are loaning you is comparable to the home’s value on the market. With the turmoil in the credit and housing markets over the past years, however, the appraisal has changed from merely another box to check off in the process to the step that makes or breaks the sale.

Refinancing Difficulties When housing values slumped, many home owners found themselves in a situation where the amount they owed on their mortgage loan was significantly higher than their home’s value, called “being underwater” on their mortgage.

Home owners who sought assistance from their lender to restructure their loans to help decrease monthly payments, especially in cases of adjustable rate, interest-only or balloon payment mortgages, found that they were being denied due to tighter lending restrictions. Even those with good credit scores who were allowed to refinance faced much higher fees and long waits to see any progress from their lender.

Then the subsequent recession — which resulted in job losses for many Americans — forced many home owners into foreclosure when they could no longer make payments on their home due to their inability to refinance.

How Foreclosures Affect Other Home Values One part of the appraisal process is comparing the property to other homes in the immediate area that recently sold. However, foreclosed and distressed properties often are sold for far below market value due to damaged condition or the seller, often a bank, just wanting to get rid of the property. So an appraisal based on inappropriate “comps” might come in much lower than the home’s true market value, delaying closing and creating headaches for home buyers and sellers.

Even worse, lenders sometimes refuse to finance the purchase even though the buyer and seller have agreed on a fair purchase price.

How can this be fixed?

Mortgage industry regulators need to adopt and enforce clear, concise regulatory guidance that will allow appraisers to develop realistic valuations based on sales that are truly comparable.

New and well-kept homes need to be compared with other such homes in the neighborhood, not with homes that are run-down and neglected due to abandonment. If that is not possible due to a large number of foreclosed homes in a neighborhood, the area in which appraisers should use for comparison should be expanded to include more options.

Faulty appraisals cause decreased sales and home values and a negative impact on the housing industry and the economic recovery.

Protect Your Investment Home owners and buyers may feel powerless during the appraisal process. That is not true. For example, you have a right to receive a copy of the appraisal upon completion. Thoroughly review it and immediately bring any questionable items to your lender’s attention.

If you do not agree with the appraisal, you have the right to — and should — ask for a second appraisal through your lender.

Being educated on the entire settlement process will ultimately protect you when you are buying or selling a home. For more information, visit nahb.org/forconsumers.

Merritt

Est. 1904 402-435-3213 • 26th & Randolph

402.483.7575 3133 S. 7th Street • Suite D

Fax 402.483.7577 info@pioneerprintinginc.com www.pioneerprintinginc.com Multi Color Printing Graphic Design Ad Specialties Bindery Services

Digital Color Copies Digital Black & White Engineering Copies Personalized Service

Providing Offset Printing & Digital Services in Lincoln since 1980.

Natural Veneer Stone Custom Cuts & Blends Visit Our Showroom

• Sand / Gravel • Rock / River Rock • Promix / Colored Cement • Crushed Concrete Fines

• U-Kart Ready-Mix • Concrete Block • Mulch • Lennox Fireplaces

We provide quick delivery and quality service.

Visit us at www.dhmerritt.com

25  Lincoln Business Builder

Building Permits Building Permits

City of Lincoln - 10 -Year Table

Jan. Feb. March April May YTD

SF 54 66 92 80 88 380

Jan. Feb. March April May Total Avg. Cost

2005 TH 21 10 11 16 12 70

#

7 4 33 56 55 155

MF SF 0 72 4 58 4 82 4 91 4 83 16 386

2006 TH 14 20 17 16 20 87

2007 Cost 87,400 314,300 1,283,155 539,511 818,301 3,042,667 19,630

SF=detached single family - TH=townhouses - MF=multi-family (including duplexes)

MF SF 0 40 2 35 16 59 60 61 16 65 94 260

#

9 9 36 62 52 168

2007 TH 8 4 40 70 39 161

2008 Cost 1,364,460 141,600 589,154 1,208,366 809,323 4,112,903 24,482

MF 4 12 112 66 0 194

SF 35 22 41 50 59 207

2008 TH 19 0 28 2 15 64

2009 TH 14 2 14 14 28 72

MF SF 6 11 4 29 2 30 2 30 4 38 18 138

2010 TH 7 18 6 8 19 58

MF SF 0 24 3 32 2 42 15 33 24 29 44 160

MF SF 2 22 60 26 8 42 0 28 0 39 70 157

2011 TH 0 0 10 26 14 50

MF 4 20 180 3 44 251

Remodeling Permits: Additions City of Lincoln - Detached Single Family - 8 Year Table #

2 5 10 10 9 36

2009 Cost 52,000 125,240 206,900 198,413 183,000 765,553 21,265

#

2010 Cost 152,980 99,500 317,000 706,474 148,500 1,424,454 29,676

6 3 11 19 9 48

#

3 7 18 15 20 63

2011 Cost 80,100 178,700 452,005 908,366 340,080 1,959,251 31,099

#

2 5 10 11 20 48

SF 27 31 47 43 41 189

2012 TH 4 13 24 19 21 81

2012 Cost 43,500 107,786 691,458 600,931 723,945 2,167,620 45,159

MF 0 144 36 24 0 204

#

6 2 8 10 13 39

SF 24 34 46 69 58 231

2013 TH 2 4 9 18 20 53

MF 0 0 0 0 128 128

2013 Cost 422,000 33,000 357,600 212,603 776,408 1,801,611 46,195

SF 34 40 68 70 54 266

#

3 3 8 12 12 38

2014 TH 6 18 12 33 26 95

MF 51 6 16 51 0 124

2014 Cost 59,336 64,000 338,910 609,495 596,540 1,668,281 43,902

Remodeling Permits: Alterations

Jan. Feb. March April May Total Avg. Cost

#

88 78 107 88 115 476

2007 Cost 1,163,863 909,207 1,280,089 1,031,776 1,578,971 5,963,906 12,529

#

81 76 89 82 79 407

2008 Cost 907,619 947,505 800,412 877,275 723,878 4,256,689 10,459

City of Lincoln - Detached Single Family - 8 Year Table #

71 76 72 85 65 369

2009 Cost 784,232 706,588 946,927 813,112 617,270 3,868,129 10,483

#

57 69 125 154 124 529

2010 Cost 502,454 600,743 1,229,150 1,386,859 931,223 4,650,429 8,791

Are

#

69 79 104 133 111 496

getting level service deserve?

YOU

OF

the

you

2011 Cost 988,395 893,584 900,086 1,292,245 946,242 5,020,552 10,122

#

81 69 96 96 123 465

2012 Cost 804,484 565,929 1,055,957 871,985 1,544,337 4,842,692 10,414

#

66 42 65 108 92 373

2013 Cost 751,024 702,668 1,000,016 1,158,054 605,739 4,217,501 11,307

#

90 87 93 110 98 478

2014 Cost 1,279,205 811,667 1,011,061 1,010,930 1,088,989 5,201,852 10,883

At Norandex Building Materials Distribution, we’re all about people, products and service.

Our people are experienced building industry professionals who are genuinely interested in your business.

We distribute top quality, competitively priced windows, siding, roofing, doors and more, that are strongly warranted for performance.

And, the service, commitment and support to our customers is unmatched and unwavering.

Our customers deserve the best, and we deliver it, because of the high level of trust they put in us.

Visit oNe oF our loCatioNs: 12201 Cary CirCle laVista, Ne 68128 (402) 334-8286 (800) 999-1494 Fax (402) 334-7994

26 ď ´ Lincoln Business Builder

5601 N. 57th street liNColN, Ne 68507 (402) 464-7433 (800) 927-7969 Fax (402) 464-7437

www.norandex.com

27 ď ´ Lincoln Business Builder

YOUR AD HERE! This 3.75” x 2.25” space and the 7” x 4.5” space below are available for an ad. For more information, please contact Jennie at 402-423-4225 or jennie@hbal.org.

It’s your electricity.

Own it.

Turn the cost of a geothermal heat pump from “good gracious” to “good value.”

Home Builders Association of Lincoln 6100 S. 58th Street, Suite C Lincoln, NE 68516

PRST STD US POSTAGE PAID LINCOLN NE PERMIT NO 51

ADDRESS SERVICE REQUESTED

There’s no disputing geothermal heat pumps are pricey. Or that they’re extremely efficient and save a lot of energy. That’s why they qualify for a 30% federal tax credit. And why, through our Sustainable Energy Program, LES offers homebuilders significant financial incentives to install them. Whether you keep these incentives or pass them on to clients, you’ll help save energy, reduce environmental impact and delay the need to build expensive power plants. Visit www.les.com or call 402.473.3275 for complete details.

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