Any warranty agreements All necessary building permits or licenses. Make sure the job site will be cleaned thoroughly and that no debris will remain after the job is completed. Some home improvement or repair contracts may be cancelled without penalty or obligation by midnight of the third business day after signing. Agreements that will be paid on an installment basis for more than 90 days. It is important to note that the emergency home repairs made at the home owners request are not subject to cancellation under the three-day rule.
Tips Avoid any contractor who requires advance payment.
Arrange to pay after the work is completed or in installments as stages of the work is complete. Don t sign the work completion certificate until all the work is completed to your satisfaction. Avoid paying cash. If you are financing the improvement or repair, compare the interest rates and payments of several lending institutions, especially if you are considering a second mortgage to finance improvements. A notarized release of lien will help ensure that you will not have to face double payment or possible loss of property to the unpaid parties.