Protect Your Investment


The remodeling business in general has a high failure rate and anybody with a set of tools and a truck can call themselves a “contractor”. Most people are not familiar with the contractor they call and here is why.  The Bureau of Labor Statistics states that 57% of new contractors fail within the first four years and 70% fail by the end of the seventh year.  We have all seen the special reports on the local news about the homeowner who paid for a remodeling project, got nothing and the unreliable contractor is nowhere to be found.  This happens too often and in most cases the money is gone for good.  Be cautious with low bidders and high pressure sales.  Do your homework and check with the Registrar of Contractors at on every contractor bidding your project.  These agencies will give you a track record of each contractor and verify licensing.   


Here are a few tips to keep in mind.

  1. Look for a place of business and avoid the contractor using a P.O. Box.
  2. Look for permanent decal lettering and logos on vehicles’ and avoid magnetic signs that are easy to remove.
  3. The contract and change orders should be on company letterhead and agreed upon. The contract should be detailed and outline the project.  The contract should also provide a specific payment schedule.
  4. Take note on how many years the contractor has been is business. 
  5.  Ask to see pictures of past related projects.
  6. Look for a contractor that can design a project that avoids the “add on look”.
  7. References of a similar project can be helpful.
  8. Look for a website or other forms of media.
  9. Avoid the unlicensed contractor who says he can do it cheaper.
  10. Avoid the contractor who says you don’t need a building permit.
  11.  Avoid to the contractor who wants a down payment on the project before a building permit is issued.  
  12. Look for a contractor who shows interest in your project.
  13. Look for a contractor who can design and provide all the necessary documents for a city building permit without outsourcing. 
  14. Avoid a large down payment.

Click to Replace
Follow Us On: