May 2, 2024
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Home Remodeling: Get It All In Writing – Kiplinger’s Personal Finance

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Tracy Stolz, a 60-yr-previous know-how gross sales authorities, employed a contractor to renovate her kitchen, laundry room and first-flooring toilet, in Potomac, Md. Earlier than prolonged, the contractor wasn’t displaying up, and subcontractors both carried out shoddy work or appeared directionless. She’d been anticipating to scrape by And by no means using a kitchen or laundry room For 3 months. However that  stretched into 4 months,  then 5. Finally, Stolz employed an lawyer To barter an finish to The house renovation contract.

“I used to be warned that if the contract wasn’t correctly terminated, the contractor might put a mechanics’ lien on my property,” she says. Stolz fulld up hiring A mannequin new transforming agency To finish the work — and paying about $20,000 Greater than she had deliberate. Inside The tactic, she found thOn The primary contractor hadn’t paid some subcontractors and had ordered some incorrect gadgets — on her dime.

Stolz says she might have primarytain away fromed A pair of of The factors by Making sure the house renovation contract embraced An in depth timeline of steps in the enterprise, clear penalties for delays, elemented particularations for the suppliess and house equipment to be ordered, and a extra favorable schedule of costs.

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Source: https://news.google.com/__i/rss/rd/articles/CBMiXGh0dHBzOi8vd3d3LmtpcGxpbmdlci5jb20vcmVhbC1lc3RhdGUvaG9tZS1pbXByb3ZlbWVudC9ob21lLXJlbW9kZWxpbmctZ2V0LWl0LWFsbC1pbi13cml0aW5n0gEA?oc=5