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Real estate recovery trends will continue in 2013
Published November 27th, 2012

Recent surveys suggest that real estate recovery trends will continue across the country in 2013. This confidence in the real estate market can help Utah general contractors in finding new projects in 2013. projects will increase remarkably.

Banks and financial institutions are another area where general contractors can find projects for maintaining and rehabilitating homes. While some banks and financial institutions list their properties with real estate agents, some of these homes are held and maintained by the banks.

By finding lists on the Internet and other directories of homes that are up for foreclosure, general contractors can find out who owns these properties and who to approach for maintenance contracts.

Some general contractors have created a lucrative business by maintaining foreclosed properties. Even though the real estate market is improving, there are still many foreclosed and empty homes on the market. This can be a potential area for a general contractor especially one that is just starting out. By networking with real estate agents, general contractors can determine what neighborhoods are the best to approach for maintenance projects.

If you are a subcontractor and looking at starting your new business next year, this may be a good field for you to enter. UTCLC can help you obtain your general contractors license for the state of Utah. We can also help you form your new company and fill out the necessary paperwork to get you started off on the right foot for your new career.

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