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    Avoiding Scams

    Contractor scams are not new, but then these people have be come increasingly more inventive which makes it doubly hard to protect yourself from becoming the next victim. There have been numerous horror stories when it comes to construction scams, but keeping a good head on your shoulder and a healthy dose of caution can help you avoid finding yourself in a potential tight spot and end up being duped – big time. Most contactors would usually operate with the seemingly good intention of offering lending practices that would turn out to be scrupulous. So here are some the important tips that you have to keep in mind in protecting yourself from shady deals:


    Do Not:

    Sign any documents that you have not thoroughly looked over or consulted with a lawyer, especially documents with blank spaces that can be filled in after you sign.

    Agree to any offer of home equity loan, especially if you know you will have a hard time making the monthly payments.

    Let anyone pressure or coerce you into signing any documents.

    Agree to any financing schemes through your contactor without making checking around and comparing terms.

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