Construction Professionals
Having a trusted partner to assist with the financial complexities and responsibilities inherent to construction projects allows construction professionals to focus on their other numerous tasks. Hillsboro Title company is proud to offer construction disbursing services, including on-time payments to various parties and essential document preparation. We are here to help protect your project timeline and financial investment throughout the life of the project.
Our construction disbursing services include:
- Review of contractor’s cost breakdown document to set up proper budgets
- Draw request examination
- On-site visits to document and detail project for bank review
- Request draws for lender funds
- Issue pending disbursing endorsement to lender, if required
- Deliver payments to contractors and subcontractors
- Collect lien waivers from contractors, subcontractors, and suppliers
- Transmit accurate and complete 1099 forms to the IRS
For your convenience, here are some commonly used forms for construction professionals:
- Cost Break Down
- Ledger Sheet 1-50
- Ledger Sheet 51 – 100
- Lien Waiver
- Notice of Intended Sale
- Notice of Rights
- W-9 Form
- Affidavit
Enhance your reputation as a capable construction professional by taking advantage of our construction disbursing services. Get in touch with us to learn more.