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Real Estate Repair
Scams
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It happens more often than you might
think. A person in a building company's truck knocks on a homeowner's
door. The person tells the home owner that they were driving by, and
they noticed some serious damage to the shingles on the roof. Have they
had their roof inspected lately? Are they aware that this could cause
problems down the road? The contractor, it just so happens, has the
equipment in his truck, and he would be glad to start work immediately
for a down payment.
To anyone paying close attention, this already sounds like a scam.
But even if the home owner misses these first warning signs, he discovers
it's a scam a few days later. That is, after he's paid up, and the contractor
has disappeared without doing the work, or announced that it will cost
twice as much as he thought and he needs more money before he can continue.
Home repair scams are fairly common, experts say, and new homeowners
and the elderly are particularly susceptible. It might seem shocking
that anyone would hand money to a person off the street with no guarantees,
but many inexperienced owners are panicked at the thought of home repair,
and they will trust anyone in a tool belt who tells them there's a problem.
No questions asked- unfortunately.
What is the simplest way to tell the difference between a legitimate
home contractor and a scam artist? The main rule is, if they come looking
for you, consider them suspect. Legitimate contractors are busy- running
a real business- and they don't go knocking on doors for jobs, not even
if your roof IS dangerously close to serious damage. If someone is knocking
on doors and soliciting jobs, chances are they have more than enough
time on their hands to do so, because they're not actually doing any
of the jobs.
Of course, that doesn't mean just because you look a contractor up in
the phone book, you're perfectly safe. Do your research. You're investing
a lot into choosing your contractor, including your money, your time,
and your home. Don't assume that just because a contractor holds a license
that they're a good one, either. Becoming a licensed contractor is hardly
more than a matter of paperwork, and scam artists can become licensed
just as easily as anyone else. The best way to find a good contract
worker is by asking for recommendations from neighbors, coworkers, or
friends who have had good work done. Ask them if they would hire the
person again and what kinds of problems they might have encountered.
Check with the Better Business Bureau and any local business registry
offices. Ensure that the contractor is indeed registered as a business,
and look into any feedback they may have received from previous customers.
Home repair can be a scary and expensive process. When you're faced
with needed repairs, make sure you've got a professional on your side.
It costs nothing to be careful, and it could save you a great deal.
About The Author:
Peter Dobler is a veteran in the IT business. His passion for experimenting
with new internet marketing strategies leads him to explore new niche
markets.
Read more about his experience with real estate; visit
http://real-estate.online-business-idea.com
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