Payments

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  • Payments To Contractors

    Ask The Builder — Summary: Payments to contractors causes anxiety for a lot of homeowners. How much to pay, when to pay, who to pay? These are some of the questions to consider when working out a contractor payment plan. Residential construction cost breakdowns ...More…

  • Contract Payments

    Ask The Builder — Summary: Detailed contracts noting exact contractor and homeowner specifications and listing payment schedules help avoid payment disputes. DEAR TIM: You and other people constantly write about how homeowners need to protect themselves from ...More…

  • Payments

    Ask The Builder — Payments and monies given to contractors for work done or yet to be done is the basis for most of the harm when a job goes south. Before you give a payment to a builder, make sure you are 100 percent satisfied with the work. A contractor ...More…

  • Payments To Contractors

    Ask The Builder — Summary: Payments to contractors causes anxiety for a lot of homeowners. How much to pay, when to pay, who to pay? These are some of the questions to consider when working out a contractor payment plan. Residential construction cost breakdowns ...More…

  • Contract Payments

    Ask The Builder — Summary: Detailed contracts noting exact contractor and homeowner specifications and listing payment schedules help avoid payment disputes. DEAR TIM: You and other people constantly write about how homeowners need to protect themselves from ...More…

  • Pay Cash in Advance?

    Ask The Builder — Summary: Pay your contractor with a cash advance only for custom items. Payment is due after each job stage is finished right, otherwise. DEAR TIM: My contractor has asked for money "up-front" before he starts my job. I don't feel ...More…

  • When To Pay Contractor

    Ask The Builder — Summary: Pay your contractor for construction costs when each job stage is completed correctly. Agree to a fair payment schedule before you sign the contract. DEAR TIM: My contractor has asked to get paid in three installments, 1/3 at each time. ...More…

  • Pay in Cash?

    Ask The Builder — Summary: Pay in cash at great risk. An affidavit from the contractor and payment before a bank officer are basic steps for cash payments. DEAR TIM: My contractor has offered me a 10% discount if I pay him in cash. This seems like too good of a ...More…

  • Contractor Allowances

    Ask The Builder — Summary: Allowances in the quote from a contractor cover items not yet selected. Financial woe can result if this budget is exceeded. Your contract should be very specific to avoid overspending projected costs. DEAR TIM: My contractor has ...More…

  • Liens

    Ask The Builder — Summary: Liens can be avoided. To keep a mechanic's lien from being filed against you, consult a real estate attorney. Know the contractor and the subcontractors before you start your job. Avoid legal hassle and financial woes with affidavits ...More…

  • Affidavits and Liens

    Ask The Builder — Summary: Affidavits and liens protect homeowner and contractor. Consult a good real estate attorney concerning laws in your state before a problem ensues. Building or remodeling on a piece of real estate has legal implications. Etched deep into ...More…

  • Affidavit, Mechanic's Lien, & Materialman's Certificate

    Ask The Builder — Ask the Builder Affidavit, Mechanic's Lien, & Materialman's Certificate Summary: An affidavit and materialman's certificate are important to avoid a mechanic's lien against your property from contractors or subcontractors. A ...More…


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