How much down payment can contractors ask for?

Answer It is common practice for a contractor receive a down payment when signing a contract to perform home repairs or construction. A typical down payment can range from 25 to 33 percent. However, a con... Read More »

Top Q&A For: How much down payment can contractors ask for

What is the difference between contractors general liability coverage contractors professional liability and builders risk coverage?

Answer Builders Risk - 1st Party coverage for a building under construction - covers the Property - building & materials.Contractors GL - Covers your exposure for causing Bodily Injury or Property ... Read More »

Home Owners Association harassing me for payment that was made 6 months ago after proof of payment. Can I do something to get them off your back?

You are best advised to sit down, person-to-person, with a member of the association's board or management company who has the authority to resolve the issue, and resolve it. Bring your proof of pa... Read More »

What is the difference between down payment and under table payment ........?

In the US when we close on a house there is not a line item on the closing statement (HUD1) for the "down payment". Instead it just shows that you obtained X amount from your loan and owe so much ... Read More »

What is the problem with contractors?

Too bad you don't live closer to me! My man would make you the nicest book shelves you've ever seen! It could even have beautiful hand-carving in it! His father & him have been doing this for many,... Read More »