In a year where home sales are declining and the “buyer’s market” is being determined by swelling inventories and price reductions, many home owners are happy to have the equity they need to expand and remodel their home to suit their growing families and changing lifestyles.
It is expected that an increase of 6% will be spent on home remodeling projects this year, keeping builders, handy men, landscapers and DIY super stores busy. Your remodeling contract should include: a written description of the job and materials, who will obtain permits, start and approximate completion date, time limit for fixing any defects and a payment schedule. A significant amount should be paid only when the job is completed to your satisfaction. Be cautious of the lowest bid. A low-price contractor may cut corners.
It is expected that an increase of 6% will be spent on home remodeling projects this year, keeping builders, handy men, landscapers and DIY super stores busy. Your remodeling contract should include: a written description of the job and materials, who will obtain permits, start and approximate completion date, time limit for fixing any defects and a payment schedule. A significant amount should be paid only when the job is completed to your satisfaction. Be cautious of the lowest bid. A low-price contractor may cut corners.
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