It seemed like a good idea at the time. We bought a historic house very cheaply. We knew it needed extensive renovations. But when it was completed, it would be a jewel.
Then we hired a contractor. And our project went to hell.
The renovations required more money than anticipated. The contractor was not skilled. And now, we are in a dispute involving lawyers and expert witnesses. It’s a big, fat mess.
I would strongly advise to not do things the way we did when rehabbing a house. Here are some ways you can avoid getting your ass kicked.
- Get multiple bids on a construction project.
- Check references on the contractors.
- Ask specifically what type of experience they have on the job you need completed.
- Be as specific as possible with the scope of the construction agreement...