If so, there is a strong likelihood that the homeowner’s opinion is somewhat biased. ) Can the contractor provide a current credit report? A credit report will have information about the contractor’s financial position and will include claims or judgments from previous customers or unpaid suppliers against the contractor’s company, or against him or her [...]
Category > Auction
Applying a Competitive Bidding System at Property Auction (2) Contractors who have been in business for a long period of time have had a chance to learn the best, quickest, and most efficient ways to perform their work. Has the contractor performed work similar to the work you want done?
For extensive renovation work, I recommend that you establish a competitive bidding system. This involves interviewing and obtaining estimates from three to five contractors and will help to ensure that you have a wider range of experienced professionals and prices to choose from.
When you are the successful high bidder at an auction and you are awarded the sales contract, your first priority is to organize the final closing arrangements. This is because time is usually of the essence; many mortgage foreclosure auctions require a 30-day closing, which leaves you with a lot to accomplish in an abbreviated [...]