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5 Ways to Get Ripped Off by a Contractor
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A friend of mine recently told me his horror story about doing a major remodel to his home. Sadly, his story is all too common in the residential construction world. I explained to my friend that there are specific safeguards against all the problems he experienced. These safeguards are common on commercial building projects, and they can and should also be used for residential projects. You can't avoid every problem, but normal bumps in the road won't become a disaster if you know these 5 common ways to ripped off by a contractor. commercial builders 1. Hire the lowest bidder. If you use a Design-Bid-Build structure, (which means you hire the architect to design, then bid out the drawings and pick the low bidder for construction) you become vulnerable to the scenario in which a contractor gives you a tantalizingly low number up front, then later claims change orders for more money due to "problems with the design drawings" or "unforeseen conditions." If th...