The tell tale signs of a cowboy builder will certainly save you and your family tons of money and stress. The key to your personal and financial security is knowing how to spot them. When you are in the know about what to look for in your contractor, you can find reliable and economical service that will not leave frustrated and bankrupt.
A cowboy builder is generally not licensed, or is operating under an expired or suspended license. This means that checking the license of any contractor that you are considering for hire should be at the very top of your check list. You should ask for both the license number and the contact information for the governing or issuing organizations. If there is any hesitancy, excuses or long-winded explanations, you should rapidly move on to the next company.
General liability insurance will ensure that you do not have to take the fall, should one of the contractor’s employees take a fall on your property. This information should be readily disclosed. Liability insurance for professionals will ensure that if there are damages that ensue as a result of work that is performed you do not have to pay out of your own pocket in order to recoup your losses.
It is highly important that you accept quotes from only those organization or individuals that have provided licensing and insurance documentation. It is also important to collect a minimum of at least three quote from different builders. This will give you insight into the approximate cost of the project.
One sign of a cowboy contractor is a quote that is substantially lower than all others. While the whole purpose of getting multiple quotes is finding the ideal price, a super low price may signal trouble. The cost of materials will vary from builder to builder as will the amount of manpower required to get the job done. They should however, all be relatively close in amount, and a drastic difference may mean that you have an unethical builder on your hands.
If you are asked to pay all of the fees up front or in cash, this should also put you on edge. Most standard construction contracts allow for a client retention. This is the withholding of the final payment until the work has been approved and any immediate defects have been corrected. You should never pay in cash, and you relinquish all of your recourse when you pay the total before the work has finalized and inspected.
A legitimate contractor will always supply a firm and comprehensive contract. This will detail exactly what the job entails including whether or not the builder will be responsible for hauling away waste materials or providing bathroom facilities for workers while on the job site. Most cowboy builders work hard not to leave a paper trail so property owners should always be leery of those contractors from whom contracts do not come standard .
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