How to Spot Potential Contractor Fraud - Here Are 10 Red Flags
Contractors are having to bid with minimal profit, if any, just to stay afloat and projects that would have garnered only a handful quality bids in better times are now seeing 4 and 5 times the number of bids as was once the norm. The low number for a new construction, remodel, home improvement or repair project is not necessarily the best number and without your due diligence may bring you more headaches than you know. Patco construction company Signs of Potential Contractor Fraud: Contractor shows up unsolicited and offers services in exchange for payment Contractor is unable or unwilling to provide references for prior work performed Contractor asks for payment in full up front or asks for payment in cash Contractor provides a "lump sum" or very general estimate lacking detail Contractor's place of contact is a hotel, work truck, construction trailer or any other place not verifiable as an established business Contractor does not have a local office or local phone Con