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How to Manage Home Remodeling Contract

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[Music] hi im joseph patrick co-founder of lamont brothers and in todays video i want to give you some tips in what you should look for in a remodeling construction contract when you review one with your remodeler now to start with im going to preface this by saying this is not legal advice at all in any way whatsoever these are just a few tips from us having observed a lot of clients over the past decade know whats in our construction contract but also talk to a lot of people who have signed the contracts that they regretted later or started relationships with contractors that they regretted i want to help you spot some things and avoid getting into a bad situation the first thing you need to look for in a construction contract is an exhaustive scope of work its supposed to be a construction contract is supposed to be good communication about whats going to happen during the project and so that scope of work is essential it has to include everything that you want and not leave

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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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In what order should you remodel your home?

As you look to begin your whole home remodel, heres the general order of operations: Planning and Design. Demolition. Rebuilding/Framing. Mechanicals/Plumbing/HVAC/Electrical. Walls. Flooring. Cabinets. Appliances.

What to look for in a contract with a general contractor?

Here are some basic contract inclusions you can expect to see from all reputable contractors: Name and contact information of the contractor. Property description where the job to be done will take place. Subcontractor specifications. Project scope. Project cost. Relevant dates. Insurance. Warranty period.

What do you talk to a contractor about?

With a few helpful tips, you can talk to contractors confidently and on your terms. Establish A Communication Schedule for Renovations. Construction Workers Accommodations. Ask for All Renovation Changes in Writing. Renovation Progress Reports and Walkthroughs. Be Clear and Direct.

What are the 5 elements of a construction contract?

5 Key Elements Every Construction Contract Should Contain 1) The projects scope. 2) The cost and payment terms. 3) The projects time frame. 4) Protection against lien law. 5) Dispute resolution clauses.

How do I trust a general contractor?

Look for these five qualities that The National Association of the Remodeling Industry says are a must for qualified contractors. Experience. Licenses and insurance. No bad rap. Cheapest is not always best. Superior service.

How do you project manage a remodel?

10 Top Tips for Project Managing Your Self Build or Renovation Plan ahead. Set a budget (and be realistic about the costs) Get references check them. Follow the rules. Protect your investment. Keep your neighbours onside. Dont sweat the small stuff. Make your site a nice place to work.

What should you not tell a general 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 protect yourself when working with a contractor?

Protect Yourself When Hiring a Contractor Get Proof of Bonding, Licenses, and Insurance. Dont Base Your Decision Solely on Price. Ask for References. Avoid Paying Too Much Upfront. Secure a Written Contract. Be Wary of Pressure and Scare Tactics. Consider Hiring Specialized Pros for Additional Guidance. Go With Your Gut.

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