Housing experts recommend setting aside 1 to 3 percent of the market value of your home each year to pay for eventual maintenance and repair costs. If you decide to hire a home repair contractor or handyman to make needed repairs or to perform necessary maintenance, be careful in your selections. The following guidelines should help you to choose a reputable contractor. Ask friends to recommend repair contractors. Get at least three written estimates for the project.
Most contractors give free estimates.
Ask for and check references. If licensing is required in your area, ask to see the contractor's license. Also ask for proof of insurance and bonding. Do not pay the contractor in full before the work is done. Some contractors will ask for a small down payment, which is permissible.