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View all items in: Protecting You from Fraud
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Question/Topic
Home Improvement Scammers: When They Come Knockin’ Send ‘Em Walkin’
Answer/Article

Some shady contractors do their best to convince you that you desperately need a home repair and that you need it done NOW.

Here are five things that should leave you with an eyebrow raised, and your guard up:

  • Anyone who shows up unannounced offering a special deal. Reputable companies don't need to knock on doors.
  • Requests for cash or large up-front payments.
  • High-pressure sales tactics pushing you to make a quick decision. A good company knows that the more you think about your project, the better its offer will look.
  • Extremely low bids--remember the adage, "You get what you pay for."
  • A truck that has little or no identification and business cards lacking a street address.

Ask a prospective contractor for his business license and the name of his insurance provider. Verify that both are valid. If your state doesn't regulate residential contracting work, ask to see a driver's license so you know who you are dealing with and where the contractor lives.

With a little research, you can find a reputable contractor who will get your home improvement job done right. Talk to us about financing your renovations with a home equity loan.


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KBID 1017
Date Modified 7/23/2008
Date Created 7/23/2008
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