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.