Hi mga sis, I have a contractor, who is also ang architect na kakilala. This is a progressive billing type of payment terms, this is according to my contractor to build not only house but also trust between the client.
So what will happen, wala ka muna lalabas na money unless walang progress sa pinapapagawa mo sa house mo. Unlike you pay and pay tapos tatakbuhan kahit hindi pa tapos or sablay ang pinagagawa mong house.
If you are interested just PM me so kayo na magusap ng contractor ko. By the way complete siya ng lahat ng license to assure you na legal ang business niya.