If only you could call a single phone number, tell the person that you need a home remodeling contractor, and someone would arrive at your door with the skills and reliability that you want. Sadly, that isn’t going to happen. You need to do a lot of research and consideration to choose the right person for your job. Read our following guidelines and we’ll help make the process easier for you.
Never use a “estimate” as the basis for a final contract. Draft paperwork specifically for the written contract, and make sure it specifies an exact price. If you contract mentions the word “estimate,” you may want to have an attorney review it to let you know what your exposure is and what you options might be.
If you went through a third party to finance your project, you can’t just write change orders because you’ve had a flash of inspiration. Many times, you’ll need to notify the bank or financial institution of any major changes you want to make to the project or the schedule – remember that it’s their money on the line! If they don’t like the changes you’ve proposed, they may decide to pull their funding.
Organize a face to face consultation to inquire about home remodeling contractor’s punctuality, neatness, and professionalism. Ask for references from authentic sources and verify it.
Inform the home remodeling contractor in the beginning that you will release payments in 3 installments. Normally, one-third is paid as down payment, one-third is paid by mid-project and one-third after completion. Don’t make the mistake of paying more in advance or else you might land up with an unfinished job on your hands.
By chance if you recieve more than one bid that is higher than your set budget, ask them if they could possibly complete your project in phases. If they so happen to agree to this method, you will then be able to have your project completed over an extended period of time.
Check that your home remodeling contractor has all the right insurance for the workers for your project. You will want to ensure that the insurance is in place before hiring the contractor or you might be on the hook for dealing with any injuries on the worksite.
You need to think for the long run before dismissing a home remodeling contractor. If you decide so, you need to make sure that you will supervise your project yourself. At times, contractors can get you great discount from building engineers which save your money overall and your time too. Therefore, you need to think wisely before taking such step.