One of the biggest headaches of being a contractor is being paid in a timely manner for completed work. Buyers will often bite off more than they can chew and don’t have the budgetary reserve to handle overruns or unforeseen problems. For example, a routine electrical wiring job can become a nightmare if there’s an […]
A mechanic’s lien allows professionals to protect themselves and ensure payment by placing a lien on the property. If the agreed upon work is completed and the bill has not been paid, the professional can file a lien now, which places an encumbrance on the property making it virtually impossible for the home owner to […]
Construction projects are filled with lumber, nails, paint, roofing, steel and…paperwork. Yes, paperwork is an integral part of performing construction, because much of what is done must be recorded so that everyone on the project knows what to do. The paperwork often includes architectural or engineering plans, which guide the way a project is built; […]
Payment for work completed on a construction project is great news. You’ve provided labor and materials, put blood, sweat and tears into the project, and you are entitled to be paid for that work. Sometimes, that payment comes with some paperwork requirements, which is not unusual, unless it is for you.
It’s every contractor’s worst nightmare to lend supplies or workers for a project, only for the property owner to drag his or her feet on paying – or, in some cases, not pay at all. This is particularly troubling, considering the fact that the work is either done or in progress, so there’s no turning […]