Pay For it in Cash
- With the use of credit lines, credit cards, and loans, it is easy to afford a $25K home repair whenever you want it.
- However, borrowing that money can cost you more in the long run.
- Also you will have monthly payments for a long time, causing you financial stress. Pay for your repairs in cash – a percentage on the agreement to work and the rest when it is paid for.
- Never pay for the entire job up front, as you may find your project to be a never-ending one.
Get it in Writing
- Get everything and every estimate in writing so that you know exactly what you are getting. This helps prevent you from being scammed.
- Make sure to keep your estimate in a safe place so that you are able to refer to it whenever necessary.
- Ensure you hire professionals who carry the proper insurance and are licensed in their field. This will serve to protect you should anything go wrong.
- Do a background check on any potential contractor you are considering hiring. The Consumer Protection Office is always prepared to provide crucial information on any complaints registered against a business or individual conducting services.
Do One Area at a Time
- While you may have big dreams for your home repairs, only do one area of the house at once. If you are having too many areas repaired at once, you will be stressed out with the living conditions you must live in.
- The only time you should consider multiple repairs or renovations is if you are not residing in the home.
- When getting your kitchen redone, have a plan for food preparation and cooking, since you will not likely have access to your stove or oven, among other appliances. For instance, prepare and freeze different meals that can be reheated in the microwave, which you will place in another room.
- If redoing your bathroom, ensure you have made arrangements for bathing, unless you have another full bathroom in your home. If not, it could become a frustrating time. Should this be the case, perhaps this would be best undertaken when on vacation.