10 THINGS YOU SHOULD KNOW BEFORE REMODELING YOUR HOME |
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1 CredentialsLicense and Accreditations 2 InsuranceWorkers Compensation-Protects the homeowner in event of worker being injured on the job site. General Liability Insurance-Protects homeowner for damage or loss to property and for injury to non employees. Verify both insurance coverages by asking for a Certificate of Insurance from their Insurance Agent. 3 ReferencesCall their previous clients, your friends and family and their trade references (i.e. materials suppliers) to provide you with information to help you make a decision. 4 BudgetCreate a budget and stick to it. Most reputable and licensed contractors work diligently to ensure their clients maintain their budget. Visit www.remodelingmag.com and refer to the Cost vs. Value Report for insight on the costs of common remodeling projects. |
5 ContractYour contract should be in writing and you should understand all of the terms of the contract. The contract should at least contain the details of the project (Scope of Work), payment terms and a written warranty. 6 Project ManagementThere should be a written plan which includes the start date and an end date. You should attend regular meetings (weekly/biweekly) with your contractor and should check the actual progress against the written plan. 7 Corporate MembershipsTrade Associations (i.e. NAHB, NARI, NKBA) Generally, licensed contractors who are active members in trade associations are people who are interested in serving the best interests of their clients. 8 Avoid ScamsScrutinize the person/company who is trying to sell you something. Expect to pay a reasonable deposit (around 10%) Work out the details of your projects before you sign the contract. Ensure everything that you want done has been documented on the contract in writing. Don't allow yourself to be rushed into making a quick decision. 9 Handling ProblemsStay calm. Problems do happen. Most can be resolved. Keep communication open. Don't play the blame game. 10 Tips for SuccessHire only licensed contractors. Verify all insurance coverages with insurance agent. Trust your instinct. Don't sign anything until you understand the terms. Don't let payments get ahead of work. Don't pay cash. Keep records of payments. Keep work zones off limits to children and pets. |
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843-566-0250 Copyright©2008 Strock Enterprises, Inc. |
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