Don't Over Pay Your Bathroom Remodeling Contractor
One of the biggest problems in the bathroom remodeling
business is overpaying your contractors, before the job is completed. If
your bathroom remodeling contractor requires too much money up front or
before the job even starts, you could find yourself at the mercy of any
decision that this contractor makes during the project.
Remember this, if you don't remember anything else, whoever holds the
money controls the project. If you're contractor requests too much
money, ask them for an itemized list and have the contractor provide you
with the exact cost of each item that they are requesting money for.
If you're contractor isn't willing to provide you with a detailed
itemized list and you haven't started the job or signed any contracts,
end your relationship immediately and find another contractor to remodel
your bathroom.
20 or 30 years ago, contractors would ask for half of the money up front
before starting any projects, putting most homeowners at the mercy of
the contractor. Today most contractors aren't allowed to receive more
than 10% of the overall cost of the job or a maximum of $1000 before
starting the job. This has eliminated a lot of flaky contractors and
problems between homeowners and construction professionals.
Try to work out a payment plan between you and your bathroom remodeling
contractor that is acceptable to both parties. Smaller bathroom
remodeling projects might not be as big of a problem as larger ones,
most of the time. The larger projects will require more attention when
planning your payments.
If your contractor can't be reasoned with or seems to have a problem
with your payment schedule, don't get upset, and simply asked them to
explain themselves. If you're contractor makes sense, take action
accordingly. If your not comfortable with the contractors payment
schedule and their not comfortable with yours, find another contractor
for your bathroom remodeling project.