Suppliers here look for 25% with the order, and the balance before
delivery -- from homeowners.
Depends on how small he is -- he may be happy to have you pay his
supplier direct for the materials and have you pay for the install
after it's done.
Some jurisdictions require contractors to be bonded before they can
take money up front ... check with your city hall.
In your place, I'd look for 2 reputable siding and window suppliers
or manufacturer who do residential installs.
The only thought is to talk with several people ... and check out the
one you choose very carefully
I have been renovating my home this last year and have acted as my own
contractor. I buy the materials and have hired a "bonded" and "insured"
workman for a specified rate. We have both been very pleased with this
arrangement. I pay on a daily basis and should I become unhappy with
his performance I can end the arrangement. He on the other hand has no
material costs up front.
It takes some time to supervise this activity but since I'm retired it
In my state by law a contractor may ask for up to 1/3 of the
contracted price in advance. Perhaps you have similar laws or
regulations in your area. Licensed contractor are required to be
bonded for different amounts depending on what their license is for.
A man who throws dirt loses ground.
Larry Wasserman - Baltimore Maryland - firstname.lastname@example.org
I work for a contractor supply company. The majority of our business
is on credit to contractors. (more than 70%). We also have retail
locations and a truss manufacturing facility that fill the majority of
the remaining 30% of our revenue.
Contractors are able to get credit to do projects if they're reputable.
Their suppliers also rather that they "run a tab" for all materials
on a project so we can send them a bill for that project at the end.
You're missing the point. The supplier credit is there for the benefit
of the contractor. It's up to the contractor to decide how the
financial dealings between themselves and the owner are arranged. If a
contractor has stuff out on credit he's exposed. That exposure needs
to be covered - the sooner, the better. That's good business.
The best experiences I've had with contractors have have entailed not
much more than a detailed conversation, firm agreement on a price (in
writing or not), a handshake and full payment made in cash when the job
is finished. These have all been under $7000. This included the new
windows I had done 5 years ago. There was a written contract in that
case, but I payed nothing until the job was 100% complete. I've had
nothing but grief from the large outfits with big display ads, guys in
uniforms and tons of paperwork with detailed payment schemes.
Over the summer I hired a contractor for a job closer to 10,000 and he
wanted half up front and the rest at completion. I was a bit nervous
about the front until the trucks and dozers and obviously hard working
crew showed up when they said they would. It all worked out good in
the end. He had come highly recommended but beyond that you have to go
with your gut as well and extend a bit of trust.
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