Home Construction Remodeling Tips before You Sign a Contract

Anytime you invite strangers into your home, it can be intimidating.  When it comes to contractors, it’s even worse.  That’s why I’ve put together this home construction remodeling tips post. (Also, read about the best alternative to finance the work if you are so inclined.)

So what is the secret?  

Warranties

Don’t assume that the work your contractor is going to do is covered by warranties. The builder is going to hand you an inch-thick binder full of fine print – and hope you don’t read it.  Don’t fall for it.  Warranty law varies from state to state. You have to demand that the specifics be spelled out in language you understand.  Take as much time as you need because the stakes are really high. Spend a few hundred bucks and take it to a lawyer to review.

When it comes to home construction remodeling, there is no such thing as a boiler plate warranty.  Each contractor offers his or her own warranty. That means it’s going to be up to you to step up and negotiate hard. Don’t be shy just because some schmo knows how to swing a hammer and turn a screwdriver.

When you shop for contractors make sure you compare the warranty they offer. This often goes overlooked and is probably one of the most important elements of the agreement you’ll sign.

Oh…and one bonus tip/question.  Are you even sure you want to do the remodel? Would you be better off just moving to a house that already has the amenities you want? Is remodeling a smart investment for your retirement? Why not downsize and look into buying a condo instead? Condominiums usually have every possible amenity you could dream of, and you won’t have to suffer the remodeling process either.

What have your experiences been with remodeling your home?