Easily Hide Option Choice from the Home Repair Contract

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How to Hide Option Choice from the Home Repair Contract

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whats going on guys its your boy mike from seattle former general contractor all-around good guy local small-time real estate investor and of course the duly elected sheriff of the internet i got a question asked in a facebook group that im a part of thats for landlords and the question was what are the red flags that you try to avoid if you see when dealing with a contract or what makes you say i dont want to do business with this guy and as somebody who used to be in construction for six years prior to becoming a police officer i said to myself you know what maybe ill make a video about this because i actually know a thing or two about it so here are my five biggest red flags that if you see while working with someone you should absolutely avoid to keep yourself from getting into trouble getting ripped off or freaking losing your butt on a deal okay theyre not in really any particular order im just going to jump right into it so number one if when youve had the salesperson o

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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What should you look for in a contract?

Terms like confidentiality, indemnification, termination, and dispute resolution are all important sections in a contract and are worth spending extra time reviewing to fully ensure the language is acceptable.

What is the maximum down payment amount or percentage a contractor can request at the time an HIC is executed?

Except for a down payment, a contractor cant demand or accept payment for work or materials until the work is actually done or the materials are delivered. The down payment may not exceed $1,000 or 10 percent of the contract amount, whichever is less.

What to look out for before signing a renovation contract?

What to Look Out for Before Signing a Renovation Contract The Scope of Works. This section of your renovation contract will contain the largest chunk of information. Pricing and Contract Sum. Permissions and Responsibilities. The Payment Schedule. Warranty, Defect and Maintenance.

What to consider for a construction contract?

Elements of a construction contract Name of contractor and contact information. Name of homeowner and contact information. Describe property in legal terms. List attachments to the contract. The cost. Failure of homeowner to obtain financing. Description of the work and the completion date. Right to stop the project.

What should you not say to a contractor?

Seven Things to Never Say to a Contractor Never Tell a Contractor They are the Only One Bidding on the Job. Dont Tell a Contractor Your Budget. Never Ask a Contractor for a Discount if You Pay Upfront. Dont Tell a Contractor That You Arent in A Hurry. Do Not Let a Contractor Choose the Materials.

How do you deal with a lying contractor?

Heres how. Fire the Contractor. Firing your contractor may seem obvious, but its not an easy step when things go seriously wrong. Request a Hearing. Hire an Attorney. Take Your Case to Small Claims Court. File Complaints and Bad Reviews.

What is a right to set off clause in a construction contract?

A builders the right to offset (also known as a right of set-off) is when a builder or general contractor deducts money paid to a subcontractor for one project in order to account for funds the subcontractor owed the contractor for back charges on a different project.

Should you let contractor know your budget?

If you are asked for your budget, be forthright with your contractor. If this is the team you are going to have in your home for weeks (or months, if it is a large remodel), it is important to be transparent. So you are given advice that meets your goals both financially and aesthetically.

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Hide Option Choice from the Home Repair Contract