The are many different costs associated with homeownership, and unexpected repairs account for some of those expenses. All it takes is a simple electrical short or broken pipe to make your property uninhabitable. If you are ever confronted with a home repair bill you can’t afford, consider a bad credit signature loan to pay for it and keep your financial footing.
Depending on when your home was built, there are a number of different repairs that are common to certain eras. For example, if it was constructed between 1940 and 1960, it may have drafty windows, electrical systems too small to handle you demand and asbestos issues, says AOL Real Estate. Meanwhile, home constructed between 1960 and 1980 commonly have issues with attic and roof ventilation, wiring and the siding.
No matter what the problem is, an unexpected home repair can really ruin your day. But even if you come up with the available funds to pay for repairs, there’s always the off chance the contractor you hire may take you for a ride. This is especially important for homeowners in the Northeast affected by Hurricane Sandy.
“When you have 10,000 houses that need repairs and you have three contractors, there’s going to be some price inflation,” Joseph Hammond told Fox Business. “There’s nothing you can do other than pay what you need to pay to get the work done. With that said, if the price is triple or excessively higher than projected, that should serve as a red flag.”
Check Out Their Experience
In the age of the internet, there are a number of different outlets to find contractors to make home repairs you can’t do yourself. With a few clicks of the mouse, you can instantly have access to reviews and other information from professionals in your area. It’s generally recommended to only hire a contractor with several years of experience.
Meanwhile, if you have any friends or family in the area who recently had work done of their homes, ask them how their experience was and if they would recommended their contractor.
Are They Certified?
In most states, people who work on your home are required to have special certification. This can help ensure they are qualified to do the job and it keeps you safe. However, this doesn’t guarantee that the individual will be great at their job, but it certainly weeds out any amateurs.
Additionally, some areas record grievances and complaints from homeowners about contractors. Once you obtain their certification number, you can likely search it online to find any issues the contractor in question may have had in the past. These problems listed can range from going over budget to doing a shoddy job.
Get A Quote
When shopping around for a contractor, it’s a good idea to get quotes from at least a few professionals. This will make sure you get the best person for the job.
Contractors generally give you a price estimate for a repair job as a single dollar amount, but if you get these expenses itemized, this will help you stay on top of exactly where all of your money is going. Just remember, while it may be tempting to go with the contractor with the most affordable quote, spending a little extra for better craftsmanship could be a better decision.