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New House Tips - Advice Article
Choosing a Home Construction or Remodeling ContractorGeorge Stevens Choosing the right Contractor is the most important aspect of any home construction project. You must take your time and do your research to find a good qualified contractor if you want excellent quality at a fair price. When we built our new home we spent many hours finding the best contractors for each aspect of building our new home. We developed a method that served us well and it is as follows: Determine exactly what you want done and write it down. This may sound a little basic at first blush, but it is so important. Remember what is not well defined is easily manipulated. If it is not in writing, it can be disputed. You do two things when you define your project in detail, and in writing. You find any missing aspects that you may have overlooked and you have good definition and expectations for your contractor. Get three (3) bids for each trade that you will hire. Never rely on one bid, and always meet the contractor face to face at the site where the work is to be done. If you are uncomfortable with the contractor when they are bidding the job how is it going to be when the two of you have to work out the details of your project. Remember cheaper is not always better! Ask each contractor for references and make sure they are bonded and insured. Check their references and call the BBB (Better Business Bureau) in your area to see if they have any outstanding complaints. Make sure they don’t sub the work out to a contractor that is not insured or bonded. It is very common for a contract company to sub out work to contractors that are not insured and bonded. Another danger of the contractor subbing work out is if they don’t pay their sub, the sub can put a mechanics lien on your house and you will have to pay even if you have already paid the contractor. Set a definite timeframe for the work to begin and for completion and get it in writing. Nothing is worse than to have a project drag on not knowing when they are going to show up and finish. Never, ever pay for the entire project in advance. If you do the contractor has no incentive to finish or even start. When you no longer have the money you are no longer in control! It is customary with most contractors that you pay a portion up front. On a large project hold back as much money as you can until the end. The incentive to finish must be motivated by the cash at the end of the project. For more information on finding and qualifying contractors visit www.Build-YourOwn-Home.com" target=new>http://www.Build-YourOwn-Home.com">www.Build-YourOwn-Home.com
Related PagesListing Agents Role - The role of the real estate listing agent in selling your home - How using the right listing agent will sell your home fast. Showing Your House - Quick tips on getting your house ready to show in ten minutes - How to show your house the right way. Closing Costs Explained - Information about home loans closing costs and good faith estimates provided by lenders within three days of your mortgage application. What Is Escrow - Explanation of what is escrow - Title escrow company process explained - List of duties for buyer, seller, and escrow agent. Down Payment Leverage - Avoid PMI with a two-loan strategy. How to grow your equity faster. Home Loan Online - Discover the best ways to get the lowest rates - Links for checking current rates.
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