Watch out for home improvement fraud
Posted on Thursday, July 11, 2013 at 3:51:38 PM
Beware of the next big home improvement scam, as many disreputable people across the U.S. are taking advantage of homeowners. Multiple states are warning people: be careful where you spend any home improvement financing.
Both the North Dakota and Ohio Attorneys General have warned about multiple home improvement scams. Thanks to the nice weather this summer, and the growing trend of home improvements, more people have found themselves unwittingly part of a scam. Watch out for anyone who comes to the door unsolicited, especially if they offer cheap home repairs, like damaged driveways and roofs.
As summer storms blow through, scams associated with weather damage have cropped up, according to Ohio's WBNS News.
"Traveling contractors may try to take advantage of homeowners who experienced collapsed roofs, downed trees, or other damage," said Mike DeWine, Ohio Attorney General. "As repairs continue, we encourage Ohioans to watch out for fly-by-night contractors who make promising claims but do little or no work."
The frauds aren't limited to those two states, and the National Insurance Crime Bureau recommends keeping an eye out for roofing frauds nationwide. A new law was passed giving homeowners in a roofing contract the ability to cancel within five days, according to the Summerville Journal.
Home improvement financing is a great way to afford repairs, but do research before signing along the dotted line.