Educational Consumer Tips

Home building

Author: Better Business Bureau

The BBB suggests that you solicit two or three bids before selecting a home-building contractor. Do not automatically accept the lowest bid. Make sure all bids are based on the same set of specifications. Ask for local references and inspect the finished work. Never sign a blank or partially blank contract. You may wish to contact a business credit rating service to get credit information about the builder you select. You may wish to
ask for a waiver of supplier's lien statement or paid receipts from material suppliers. Find out if you have the proper licensing, bonding, insurance, and permits to meet your building responsibility.