NEW YORK, Jan. 11, 2013, Your Contractor Did What?! 4 Ways to Make Sure Your Home Renovations Aren’t a Disaster
According to the experts on RealtyPin.com, the right home renovations can make or break the time you spend in your home. They can also make or break the time it takes to sell your home. However, you can’t end up with the right finished product unless you hire the right contractor. That means you’ve got to avoid these major mistakes:
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1. Picking a contractor based on price
Yes, I know you want to save some money, but the last thing you should want is for your home to look like a corner-cutting haven. It’s one thing to get a good deal. However, a contractor that offers prices that are too good to be true usually does so for a reason – and it’s not a good one. Think about it – if your contractor is offering you a price that’s far less than what everyone else is offering, why? How is he going to make up the difference? By using lower-quality materials? Doing the work faster and, thus, upping the chances of making sloppy mistakes?
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2. Not checking to see if your contractor is insured
Most homeowners assume that because their contractor “looks” professional, he must be insured. Boy, is that a risky game! If your contractor isn’t insured and something goes wrong (like if one of the employees gets injured while working on your project), you could be liable for it. Do you want to risk being sued because you didn’t think to ask if your contractor was insured before the work began? I didn’t think so!
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3. Not getting a written contract
A good contractor will put everything in writing – including a detailed description of your entire project, approximate completion dates, a payment schedule, and even a list of materials (especially if it’s high-end stuff). That way, there will be no confusion along the way and no risk for anyone going back on their word.
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4. Making the final payment before the work is finished
No matter how great your contractor seems, never ever hand over the last check before the work is finished – including all of the clean-up. After all, if everything has been paid for, what incentive does your contractor have to finish the job?! In fact, when you and your contractor are drawing up your contract, make sure to specify that the final payment will not be made until everything is complete and your home is completely back to normal. That means that all inspections have been passed, all dumpsters have been removed, and everything else has been cleaned up and your home is ready to show off to the world. Otherwise, your project may never end!
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