CTV News reporter Pat Foran offers insight into how to renovate your home without getting scammed. He suggests that paying in advance and paying in cash may lead to an incomplete project and that your contractor my not come back.
Tony Gatti talks with Pat Foran about the expectations of hiring a contractor:
- Set a clear budget
- Get three estimates
- Keep the down payment to 10%
- Have a written contract
- Get references and check them
- Have a payment schedule
A written estimate and contract make the project clear to both the homeowner and the contractor. The documents stipulate what you are getting, when you are getting it, and how much it is going to cost you.
—Tony Gatti, The Gatti Group Corp