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In either building a new house from scratch or planning a renovation, you will still encounter decision making challenges, especially complex and critical ones. The first step may be basic but it is always critical, choosing the right construction company and interviewing a general contractor will help you find the right one for your home project. Listed below are some of the questions to ask remodelers before hiring. TGUC Financial can help you with the home improvement contractor cost.

Questions to Ask Remodelers Before Hiring: 1. Are you licensed for this type of work?

This is the most important one because a license proves the legitimacy of an industry or person, and construction is not an exception. Ask your contractor for a copy of their license and contact its issuing authority to confirm whether it is in good standing or not.

Questions to Ask Remodelers Before Hiring: 2. Which types of insurance do you carry?

There are a few specific answers you would prefer to hear in response to this question.

First, the contractor must have general liability insurance that will come in handy in case of an accident during the project or construction. An example scenario would be where they accidentally hit a water line which flooded your house. You can still be at ease since they’ll be the one to take responsibility for the costs of the damage.

Second, the contractor should also carry workers’ compensation insurance. This will protect you from liability if someone got hurt while working on your property.

Questions to Ask Remodelers Before Hiring: 3. How many building permits have you obtained in my area over the last two years?

Make sure your general contractor is familiar with your local building code requirements and the permitting process in your community. It’s important to find a contractor who is credible and has recently worked within your area.

Confirm that your contractor is familiar with the permitting process in your community and local building code requirements. It’s best to find a contractor that has worked before in your area.

Basically you wouldn’t want to hire a contractor who is new and unfamiliar with the regulations of your town.

4. Can you provide a list of references?

Talk to former clients who have hired the general contractor you’re considering. Ask them about the process, as well as the final product. Discuss budgeting, timeliness, and professionalism.

Have a background check and contact some former clients who have hired the general contractor you’re considering. Ask them about the process, budgeting, timeliness, professionalism, and of course, the final product.

Lastly, ask them “would you hire this general contractor again?”.

5. What is an expected timeline for this project?

It is essential for you to know when the contractor will begin and end the project, especially if you have an ideal deadline.

Whatever your reason may be, ask about any circumstances that may push back your deadline. You can also ask about how many projects they’re currently handling. Also, make sure the timeline is realistic.

6. Will you hire sub-contractors for the job?

General contractors often need to subcontract work out plumbers, electricians, painters, and other specialists, especially if the project will start from scratch.

Have a background check for every person they will hire, know their names and what type of work they do. Verify their credentials and make sure that they also have the necessary insurance requirements.

7. What kind of written warranty do you have?

Most general contractors will guarantee their work, while some will even have a written warranty agreement. This should disclose what is covered in the build, what is not, and for how long will it last.

A one-year warranty is good, but two years would be better. Others will offer long term warranties for things such as the foundation.

8. What’s your typical payment schedule?

You wouldn’t want to pay the full price upfront but most contractors won’t ask you to do so. Discuss the budget and payment terms before the real work begins, it should include payment amounts, due dates, and key deliverables.

9. Will you obtain all of the required building permits?

Permits and inspection requirements vary depending on the location. This may include a county, city, or even HOA approvals. Also, most remodeling projects that change the structure of a home would require a type of approval.

A reputable general contractor should know the required building permits which they should handle directly for your project.

10. Will you provide a written lien waiver at the end of the project?

A lien waiver is a legal document that confirms you have paid the general contractor and all sub-contractors for all the work that was done in the project. It waives the signer’s right to file a lien on your property.

Basically, it is the construction industry’s version of a receipt. Everyone wants to work with a contractor who keeps detailed records for all projects.

TGUC Financial and Home Improvement Cost Financing – Questions to Ask Remoders Before Hiring

TGUC Financial can help you with home improvement costs. Don’t put off finishing your home upgrades and repairs. Contact us today.