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In this episode of "Finely Revealed," Michelle discusses the importance of mechanics liens in real estate. She emphasizes the need for formal agreements when hiring contractors, handymen, or subcontractors for property modifications and repairs such as building fences, landscaping, painting, or remodeling. It's crucial to establish a clear contract outlining start and end times, costs, and to utilize written change orders to prevent disputes. Michelle warns that failure to pay these service providers can lead to issues, highlighting the significance of having proper documentation in place to ensure smooth transactions and avoid complications.
