Use this checklist to help you select a builder or remodeler to work on or build your home.
Does the builder or remodeler have a permanent business location and a good reputation with local banks and suppliers?
How long have they been in the building business? It usually takes three to five years to establish a financially sound business. Will they be around after the construction is complete to service any warranties?
Have you called your local Better Business Bureau? They can alert you to any complaints.
Does the builder/remodeler have sufficient workers compensation and general liability insurance? If not, you may be liable for any construction-related accidents on your premises.
Will the builder/remodeler provide you with names of previous customers? Ask them if they would hire the builder/remodeler again.
Have you seen the builder/remodelers work, both completed and in progress? Check for quality of workmanship and materials.
Are you able to communicate with the builder/remodeler? Remember you will be in close contact with them throughout the construction process and afterward as you live in your new home.
Will the builder/remodeler provide you with a complete and clearly written contract? The contract will benefit both of you. Review it carefully.
Be cautious of unusually low-priced bids. If the builder/remodeler is unable to pay for the materials and labor as the project proceeds, this may indicate a potential problem.
Call your local home builders’ association for the names of member builders and remodelers. Find contact information at www.nahb.org/findanhba.
via www.nahb.org
Great list! It’s important that a homeowner does their homework prior to hiring a contractor. Many pitfalls can be easily avoided with a little research.
We’ve compiled a few tips on this subject as well – http://www.palmercustombuilders.com/blog/remodeling/good-deals-gone-very-very-bad/