Construction scams. Make sure that you know these
Construction scams. Something that is happening every single day, all over the world. And, if you don’t know how to prevent these, you will not be able to hire a contractor without worrying about getting yourself into a scam. We are working hard for our money, and to just give it away because of a scam isn’t a great feeling. These are the things that you should know about construction scams. If you know these, you will not fall into any traps.
Paying upfront
Paying upfront for the building materials is one of the biggest and most common scams that you can fall for. If you are hiring someone for construction, they don’t get any money. No matter what. You are only paying them once the work is done.
So many contractors are asking for upfront payment for purchasing the materials. But, they don’t return with the building materials. If this is a good construction company, they don’t need to have money for buying materials. You are always paying for a service delivered after the job is done.
No contract
“We don’t need a contract, take my word for it.” Not really something that you should consider. However, still, there are many people that are falling for this scam. The fact that you should take someone’s word that you don’t know or trust is dangerous.
And, with a large amount of money that you need to pay, this isn’t something that you should ever do. It is much better to have a contract to fall back on.
Prices are more than on the contract
You have agreed on a price, and the amount stands on the contract. Now, they are saying that there are some things that have increased in prices, and you need to pay more than agreed on.
There is no way that you are paying more than the agreed price on the contract. And, you should make sure that the word “estimate” isn’t mentioned in the contract. The word estimate means that the price can increase and then you can’t do anything about it.
Contractors that don’t have an office
The door to door contractors might be cheaper, but they aren’t more reliable. They won’t have the right licenses to build. They will not have insurance or give you a guarantee with their work.
Many people are falling for the door to door constructors, but this isn’t advisable. You are vulnerable for getting yourself into a scam that you can’t get out of.
When you are considering to build, then you need to hire contractors. But one thing that you need to know is that with construction there are always construction scams. Scams that you can pay dearly for. This is why it is important to make sure that you are not going to be taken for a ride before you sign any contracts. These are some of the scams that people land in when they are hiring contractors for construction.