Recently, I've had to help mom with some property. Since I live a long distance from my mom, I've had to do more due diligence than usual, because I don't have neighbors and friends in the area. Here's what I did to identify a contractor for the work on my mom's property:
After getting all the above information, we chose a contractor who best met all the criteria. For reference, we gave the job to the contractor with the middle price estimate.
For our own work, we were regularly doing the first three steps, but were not always doing the insurance verification with the larger, well known companies in the area. However, we have decided to now include insurance checking even for large companies, since it is better to confirm than to find out a company has let it's insurance lapse.
For more on Ideas You Can Use, check back every Tuesday for a new segment.
This is not financial advice. Please consult a professional advisor.
Copyright © 2009 Achievement Catalyst, LLC