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Choose your home remodeling or new house contractor wisely. Get detailed estimates and ask for references.
Whether you’re remodeling your current home or building a new house, the people who will be doing the work must be skilled and in most cases licensed to take on the job. A home contractor will oversee the entire project, but that doesn’t mean that he has the qualifications to handle your project.
The person you hire has to be the right fit, a knowledgeable administrator as well as an effective communicator. Who hasn’t worked with someone who really knew their stuff, but did a miserable job keeping everyone informed? You want to work with someone who keeps you in the loop and manages all aspects of the project.
Effective Steps To Finding The Right Home Contractor
There are three steps to take in order to find the right home contractor:
Laying the Foundation — Planning your project in advance will help you determine which contractors to contact. If you’re remodeling your home, you want to find someone familiar with handling improvements, including replacing a roof, expanding the upstairs, finishing a basement, ripping out a bathroom, etc. For a home contractor, an individual whose work is to build homes from the ground up will handle this job.
Tearing Down Walls — You’ll need to interview contractors to find the best person for the job. You’ll want to secure detailed estimates from each one spelling out all costs including materials, labor, permits, taxes, etc. Allowing you to choose between different grades of lumber, flooring, tile, roofing materials, etc. and listing these choices on their estimates will give you a good idea of what your final costs will be for this project.
Completing the Home — Finally, you’ll want to confirm your contractor’s abilities by checking references. With each supplied estimate, contractors should furnish references. Contact each person to determine what work the contractor did for them and if they were satisfied with the job. Ask the contractor to show you his license, proof of insurance, and ask him how he plans on paying his subcontractors. You don’t want a disgruntled electrician or plumber contacting you later on asking for payment because the contractor didn’t pay him.
Once you have a contractor in place, you’ll want to receive regular updates from him as the project unfolds. In many cases you’ll be required to pay 1/3 of the project up front, 1/3 half way through, and the remaining monies after the job has been completed to your satisfaction. To pay for the project consider your home equity financing options.
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