Things Your General Contractor Hopes You Don’t Know
A good general contractor can make your next building project a dream come true, but there are some things about contractors that you may not know, and not all of them are good. Below are four things that your contractor probably hopes you don’t know about his business. Read on to learn what to look out for, how to handle deals and why you should be careful when hiring any new contractor.
That Contract Might Not Be Good for You
Contracts put together by contractors are designed to help contractors. This isn’t always the best for you. Contractors are given many protections in their contracts, but you might not be given as many, or any protections. That’s why you want your lawyer reading the contract and making sure everything is good for you as well.
Low Prices Aren’t a Guarantee
That lowball price your contractor gave you could very quickly snowball into a huge boulder of a price tag. That’s because most contracts allow contractors to increase prices later. Just because you went with the cheapest guy doesn’t mean you’ll end up with the cheapest price. You could end up paying more than expected by the end of the contract, so read the agreement closely.
Inspections aren’t Guarantees of Quality Work
Many homeowners believe that once the inspector goes through and says the work is done properly that they get a good deal with solid construction. That’s not always the case. Inspectors miss stuff all the time, especially county inspectors. It’s a good idea to hire an independent inspector that has more incentive to do a thorough job and really check things out.
Time Estimates are Rarely Accurate
Your contractor knows that the time estimate he’s giving you probably isn’t right, but he’s afraid to give you the real timeline because it’s probably longer than you like. The truth is that most contractors under-estimate the amount of time it will take to finish a project. Make sure that you add on at least 10 to 20 percent to the given timeline for a more accurate number, and that’s when working with reliable contractors. Just keep in mind the project will likely take longer than you’re told initially.
By keeping these things in mind, you can avoid making serious mistakes when hiring a general contractor. They are good for building projects, but only when you hire a quality provider. It takes time to sort out the good from the bad, so be careful about who you choose.