Wednesday, April 21, 2010

Feathering Your "Nest"

April 21, 2010

For those of you who consider your home as a "nest", that is, as a place to enjoy your life, your family and your friends, this you might consider this a good time to "feather" it. What I am alluding to is that since you recognize that your "nest" is not the "nest egg" you anticipated, you may want to seriously consider some home improvement projects that will increase your comfort.

If remodeling is in your future plans, here are some suggestions for selecting the contractor to do the job and possibly save money in the process.

1. Ask your friends and acquaintances for a reference. Talk to folks who have had similar projects to get the name of their contractor and what they liked or disliked about the way the work was completed.

2. Make a list of what you want or need to have done and the order in which you want to do it.

3. Get bids from at least three contractors. Get the contractors' license numbers.

4. Don't automatically go for the lowest bid. Make sure that the contractor has outlined exactly what and how the work will be done.

4. Make your payment agreement before the work starts. How much retainer or what portion needs to be paid before the work can begin.

5. Be available once the work begins as the contractor may have questions and if you are unreachable, it could delay the work.

6. Get a start date and a completion date.

These are just a few of the questions to use as you select a contractor.

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