Beating The Home Repair Blues

Your home is your most valuable financial asset. You wouldn't let just anyone manage your money, so be equally cautious when hiring someone to work on your house. Don't be lured by the flashiest ad in a telephone directory; ask friends, neighbors and co-workers for names of reputable contractors who do quality work and stand by their results. Get written estimates from several firms, and don't just go with the lowest bidder.

Tip Offs to Potential Rip Offs

Check the companies referred to you with your local Better Business Bureau (BBB) for feedback. The BBB recently warned consumers that spring time brings home improvement scams. Also, the Federal Trade Commission warns of home improvement loan scams from disreputable contractors who recommend you borrow money from a lender that they know. Never hire someone who offers to do the work with materials left over from another job. Beware of anyone who demands up front or cash payment. And don't let yourself be pressured into an immediate decision.

Ask the Tough Questions

Interview any contractor you are considering working with. Ask them how long they have been in business, and if they are licensed and registered with the state. Ask about similar projects to yours so you can see how familiar they are with the work you are asking them to do. Will your project require a special permit? A competent contractor will get all of the necessary permits before beginning work. Will they be using sub-contractors on the project? If so, make sure they are insured and registered. Have they worked with your contractor before? Has he paid them on time? You don't want to be held responsible for unpaid bills. Make sure your contractor and all subcontractors are insured. Otherwise you can be liable for any injuries or damages that occur on your property.

Check References

Ask former clients if they are satisfied with the contractor's work. Was it completed on time? Were there unexpected costs along the way? Did workers show up on time? Would they use the contractor again?

Get It In Writing

Even if your state doesn't require a written agreement, ask for one. Make sure the agreement clearly spells out all the details of your project.

Completion Checklist

Before signing off on the job, make sure that all work meets the standards spelled out in the contract. Make sure you have written warranties for all materials and workmanship, that you have proof that all subcontractors and suppliers have been paid, that the job site has been cleared of all excess materials, tools, and equipment, and finally, that you have inspected and approved the completed work.