There are a large number of foreclosed or bank-owned properties on the market in the New Paltz and Highland NY areas, I often speak with those who are preparing to embark on a renovation project. These projects should not be taken on without proper knowledge of the cost of potential repairs. It is not as easy as it appears on the TV Shows that are popular in which a total rehab is complete in 30-60, not counting commercials.
Unfortunately, with a rise in remodeling comes a flood of disreputable contractors looking to cash in. I do my best to protect people by providing referrals to reputable contractors, but there are plenty of people out there I don’t get a chance to talk to.
If you know someone who is about to undertake a major renovation project, I urge you to share this excellent article published by the Federal Trade Commission, "Home Sweet Home Improvement." It includes a PDF guide your friends and family will find helpful.
The guide covers:
- The types of home improvement specialists
- How disreputable contractors operate
- Questions to ask contractors
- How to check references
- Understanding payment options
- The "Home Improvement" loan scam
- ...and several other useful points
Here’s the link to the article on the FTC website:
Also, you can download the PDF file directly here:
Do you need a referral to a contractor or two? Are you in the market for a property to fix-up and call your own (or use as an investment property)? I’d be happy to help. Give me a call or send me a message today: Barbara@NewPaltzRealEstate.com 845 505 3160