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Home Improvement Contract Tips

Author: AlastairLydeard
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We all dream of creating a perfect castle from our homes. If you are ready to take the plunge and hire a contractor, there are a few things that you should know before the hammer starts swinging. A clear-cut contract is your first step to creating your dream home.

It seems that everyone is thinking about home improvements. Some jobs are relatively small, like a little landscaping or a new kitchen floor. Others, like swimming pool installations, are more extravagant. Large or small, if your job requires the services of a hired professional, then you need to have a home improvement contract.

Here's what you need to know before signing the dotted line:

Do Your Homework

You're eager to get the project underway, but don't agree to sign a contract with the first home improvement professional you meet. Ask for referrals from people you know and trust. Compile a list of contractor names, and don't forget to note their professional license numbers. These details are required for performing a background check through the Better Business Bureau or your state or provincial Consumer Affairs' business licensing division.

Be sure that the names match the numbers, and check for any complaints that may have been filed against the contractors. You need to be as thorough as you would when checking references for a potential employee.

Be Firm with Your Terms

Once you've established all of the required background information and chosen your contractor, it's time to sign a home improvement contract. According to experts, there is a long list of concise information that you should look for in a written home improvement contract.

First and foremost, be sure that the full information of the contractor or company, including the professional license number, is clearly shown on the contract. Every detail of the project must also be in place, including start and finish dates and concise financial details including labor fees, material costs and payment arrangements.

One of the most important points on your contract should be a 'right to cancel' agreement that gives you the opportunity to change your mind about the contract that you have signed. This agreement will generally allow three days' grace, during which time you are free to cancel. The contract should also protect you in the event that an unforeseen circumstance occurs after the project has started.

Even the smallest items should be listed on your contract. Contractors will be working on your property and will require the use of certain facilities. State in your contract if you are not comfortable with contractors and workers using your washroom and telephone. If this is the case, they'll need to make alternate arrangements.

Protect Your Assets

Keep a copy of the home improvement contract that's been signed by you and the contractor. This document must be filed in a safe place after the project has been completed. Be sure that any guarantees are clearly shown on the contract to provide legal backing if there is a problem with the materials or workmanship. You shouldn't pay more than the minimum guaranteed down payment or pay the remainder of the agreed price until the project has been completely finished and all of the debris has been cleared away.

As a homeowner, it's your responsibility to protect both your property, and your own best interests. If your home improvement contract is not completely filled in, don't sign it. Read the contract in its entirety and don't be afraid to ask questions if any of the terms confuse you. The home improvement contract should provide all of the protection you need. After all, your home is your castle.