Are you selecting the best possible home improvement contractor? [Video]
Posted on Tuesday, October 11, 2016 at 1:32:34 PM
Home improvement projects that require contractors tend to come with higher stakes. When homeowners do not thoroughly evaluate the professionals who will be managing these projects, issues with budget, timelines and outcomes can become more apparent.
The Better Business Bureau's Heather Massey recently published an article in OA Online regarding the best practices of evaluating contractors, affirming that those accredited by the BBB should be at the top of the list. According to the regional director, homeowners should always look at the contractor's licenses and insurance coverage, then get an accurate perspective of the types of down payments that will be required.
Furthermore, she noted that references and cost comparisons can be helpful, and that the final contract should be thoroughly assessed before signing the document.
When financing is necessary, homeowners should always consider leveraging the support, guidance and services of their local, community bank, as this can help to ensure the best decision is made on a specific loan program. With rates low and terms flexible across the board, now is a great time to apply for one of the loans.