Proposed Payment Schedule
gorilla_x
16 years ago
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Comments (13)
golfgeek
16 years agosandradee
16 years agoRelated Discussions
Builder Payment Schedule - No financing
Comments (109)My 91 yr. old mother and I hired a contractor to build an addition to our home so that my mother could move home to live with us. My mother paid the amount to the contractor and we didn't use the bank either. We ended up with a crooked contractor that took her money then walked and didn't finish the addition. When we started the process, we didn't do sufficient research so that we were prepared sufficiently to actually go through this process and that was our downfall. There was no schedule for pmts. and he asked for monies almost on a weekly basis yet wasn't completing any of the work. He insisted that we were to pay for the work up front which we should not have done, but again, we are definitely much the wiser now. If you are looking for more information on how things work when hiring a contractor, contact the Consumer Protection Ontario and you will find so much information on what is expected and what is law when it comes to the rules for a contractor to follow. We have learned so much after the fact. There is no need to put any monies into any type of account whatsoever. You should have a schedule of pmts. to be paid only AFTER the work has been completed. I suggest you make your payments by bank draft instead of a personal cheque. There is more support when it comes to whether or not you have made the payment. Just a little more security that way, Also, keep in mind that once you have a proper contract drawn up make sure you have the terms included that cover the possibility that you may want to fire your contractor if he isn't doing the job you wanted or you could run into some legal issues. Also, keep in mind that it is against the law for contractor to walk off the job unless the project is in liveable condition. That means that if the contractor was hired to do a bathroom, he cannot legally walk off the job until that bathroom is in liveable and useable condition. We are now stuck in a legal situation just so we can get enough monies back from the contractor so that we can t least finish this addition. My mom can't even live in it as there is absolutely no bathroom in it. There are so many problems with the addition it boggles the mind and on top of that he destroyed our property. He filled in all our drainage ditches and now when it rains it washes out our laneway. We had a small river running down the middle of our laneway last summer nd it cost us $1000 to have someone come in and temporarily repair it. The gouge down the middle was approx. 4 feet wide and approx. 2 ft to 2 1/2 ft deep. It definitely wasn't a small gouge by any stretch of the imagination. I could go on and on, but suffice it to say that you need not put any of your monies into any account and never in one that the contractor has access to. Keep your monies in your pocket so to speak and make sure you have milestones to follow. Make sure you get a proper receipt for every single payment as well.a If you would like to speak with me for more information, please feel free to contact me. If I can help you at least a little, I will feel that I've protected at least one more person from being taken advantage of by a bad contractor. Good luck with your project and please check into the information that is available on the Consumer Protection website. It won't be a waste of your time......See MorePool proposal (advice needed please!)
Comments (10)I want to thank everyone of you who has replied to my post. Your advice is invaluable! Scott- You raise alot of good questions. Here are the answers to some of them, and the rest I need to find out from the perspective builder. 1) I completely agree that I need to upgrade to the 400 heater, and will be doing so. 2)The N2. I thought that the purpose of this would be to cut down on the chlorine usage, which in turn would help with your concern about the Dichlor tabs adding too much stabilizer. Am I wrong about this? 3)Switching to the Pentair Rainbow. I took a look at this, and I wonder would it provide me with enough chlorine for the size of pool I have? I think this pool should be about 37,000 gallons. 4)Salt Cell- I can choose this option over N2 + Dichlor dispenser. My wife is worried about salt taste and corrosion. I will be using concrete decking. Are her concerns legit, and what of my two options would you suggest? 5)Remotes- It is an Easy Touch 4 wireless. Didn't think I needed an indoor as well, since I have the wireless. 6)PVC- I assumed two inch hard piping, but I guess I shouldn't assume. Returns- I don't know the number. What do you suggest, and I will make sure it happens. 7) Dump site- Unknown location, but in that I live in the Chicago Metro area I believe that it shouldn't be an issue, but I definately need to make sure. 8)Water Chems- You statement here really concerned me, because I am completely new to pools. Is this due to the size of the pool, and how often would you suggest. I certainly don't want to spend all my time testing/fixing chemical readings. 9)Final Cleanup- I thought that this just went unsaid, but I see that I need to get everything written down in the contract. 10)Decking- They wanted $7.50 sq/ft for brushed concrete, and $15 for stamped/pavers. I know this is really high, so I opted to handle the decking on my own. 11) Repairs to damaged property. I am fortunate enough to have a vacant lot next to mine, and I think I will be able get permission to access my yard via this lot. This should really help me with the damage to lawn, driveway, sprinklers, etc. That being said I need to speak with the perspective builder about this section. 12)References- I have three friends who have built pools with this builder, and all have given glowing reviews. jump427, cnr1089, and rice rocket- I see that I definately need to address the payment schedule. I too was a little nervous over this. Glad to see my concerns weren't unjust. I will negotiate this process with the builder. Also cnr1089, My yard is level, so I shouldn't have much grading issues. As for the damage, I live in a newer subdivision, and fortunatly have a vacant lot next to mine. I should be able to get permission to access my lot via this vacant lot, and this will greatly cut down on the damages. I will make sure to use JULIE (Illinois version of "Dig Safe) to avoid any utility damages. Again, thanks to all of you who are following/replying to my post. Even in this early stage of the process things can get a bit confusing. Two more questions I'm hoping you can help me with. Currently proposed is a 1.5 hp WhisperFlow pump. This would do the pool cleaning, as well as the water features (4 deck jets + T7 diving board waterfall). Will this pump be sufficient, or should I add a seperate pump for the water features. Also, do you think the price on the initial proposal if fair, or is too high? I don't have alot of experience, and your advice on this would go a long way in helping me negotiate a price. Thanks in advance, Adam...See Morecontractor payment schedule?
Comments (12)Which, I am beginning to think from listening to other discussions, he might be needing your money to fund other things/projects. In essence, his clients are floating him loans. Interest-free at that, with a lot of risk attached. This could indicate financial problems, as snooby noted. At least try to renegotiate to protect yourself. If he won't, you need to make a choice how much risk you want to expose yourself to for this particular company. There was a seemingly sound company around here that bellied up, a near million in the hole. I'm sure their business partners and clients did not fare too well either. It does happen. This post was edited by snookums2 on Mon, Nov 17, 14 at 19:58...See Morepayment schedule for quartz counter
Comments (4)We paid 50% up front and 50% upon completion of the countertop install. We were told most important that cabinets be level. If they had to do any adjusting it would cost extra. We bought our own sink and just gave the fabricator our sink and faucet so correct holes could be cut. Faucet hole was drilled on site but sink cutout had been done in the shop. Doesn't seem right that you'd have to pay extra if you don't use his sink-never heard that before. I'd be wary about that. How about getting recommendations from friends, neighbors, etc. who have had quartz counters installed. I would do more research before committing to this guy....See Morescal
16 years agopools
16 years agohuskyridor
16 years agogorilla_x
16 years agorepair_guy
16 years agoneilaz
16 years agozl700
16 years agocement_pond
16 years agohuskyridor
16 years agoRicky Brown
8 years ago
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