People versus Contracts

For some reason that I cannot understand, most of the people I have met or taught in the past two decades (and we are talking about literally hundreds of thousands of people) think that commercial real estate works just like residential real estate, except that the dollars involved are much larger, and that the potential risks and problems are also much larger. Continue reading

Warranty in Renovation Contract

warranty signThe contract should mention two different kinds of warranties.  One is a warranty on workmanship. This means the workmanship of the contractor, their employees, and subcontractors. States, and sometimes even municipalities, specify a minimum warranty period of, let’s just say, three years. Continue reading

Things to Know about Materials before Doing Renovation

find out moreMany contractors and repair people say that the products that a manufacturer supplies to home centers tend to be of lower or, if not lower, then different, quality than the products the same manufacturer provides to wholesale suppliers, even if they are the same model. Continue reading

Three Reasons why Contractor Says “No”

questionsContractors say no for three reasons. The first is that they don’t want to be bothered. The second is that they don’t know the answer but have what seems to be a good reason not to spend time tracking it down, because it might mean a delay in getting your job done and moving on to the next one. The third is that they are so set in their ways that any attempt by a customer to get them to reconsider their ideas is regarded as an insult. Continue reading

Contractor and Deposit (2)

save your moneyThe smaller the project, the less likely you’ll be asked for a deposit. Now, if you’ve special-ordered a one-of-a-kind fixture that the supplier would never be able to unload on anyone else, and you’ve arranged with the contractor to pay for materials, the contractor might ask for the money up front. Continue reading