Payments Articles

A lot of disputes between homeowners and contractors arise because of vague conditions and loopholes in the contract. Some terms are so vaguely worded that contractors may a lot of money in advance. As a homeowner, this should never be done unless you are assured that the contractor has the highest degree of professionalism.

In a home construction project, homeowners must be familiar about the idea of allowances. Allowances are unidentified payments for services or products necessary in a home building project. The actual amounts of such payments are yet to be determined.

Different states impose different laws on liens. In most cases, workmen and businesses are given the right to file a lien against real estate properties. Liens against a real estate imply that a homeowner has unsettled payments that have to be cleared. When liens are filed against a homeowner, payment for the project is in effect doubled.

1. Require your contractors to provide you with itemized bids. Know who will specifically work on your project - they may either be workers or subcontractors. Also, you must have a complete list of material suppliers.

Numerous articles would tell you to call the Better Business Bureau to check on the contractor's reputation. Only a few people actually do this, and even if you do, there is still no assurance that you would end up with a good contractor. It takes a lot more than checking references to get an honest person to work for you. Be prepared to exert more effort since this would save you from stressful situations later on.