Tuesday, March 29, 2016
Fraud Prevention Months - Renovations
Home renovations or repairs are always expensive and stressful for home owners. Unfortunately some people prey on home owners who are unaware of the basics and costs of home repairs.
Tips to avoid being scammed:
- Do not use the "good deal because we were in the neighbourhood" contractor. They usually use substandard products and equipment, do work that's not required, or is actually more expensive than a reputable company.
- Do not believe someone who shows up at your door randomly, inspects something and then says it needs to be repaired right away. Always get a second opinion; the scammers are preying on your panic!
- Always get all the paperwork!
- Signed estimate
- Building permit
- Signed contract
- Always view their professional licence! In Manitoba not all trades have to have a professional licence to represent themselves as a tradesman. Always check their Certification of Qualification or Red Seal.
- 10%-20% down payment for renovation is more than enough. A reputable company will have the necessary credit to purchase the materials.
· Don't pay the full amount until you are satisfied
· Always get multiple quotes!
· Ask "Is this too good to be true?" If it is, then it's probably a scam!
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