Karl Champley's key tip: Make periodic payments throughout the contract. Do not make final payment until you are 100% satisfied with the completed job.
- Get at least three estimates, but try for five — and then ditch the lowest bid.
- Finalize a contract.
- There should be a clause allowing you to back out of the contract within three days of signing it.
- Don't make a large down payment. Try to keep it to 10 percent or $1,000 down, whichever is less.
- Don't pay final installment until after inspections are complete and you are satisfied.
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More Info on Dr. Phil: DIY to the Rescue: Katrina Rebuild
