Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 16 years ago,
Contractor Deposit
I had a recommended roof contractor lined up to do a full roof tear off and replacement for 6600.
We had hammered all the details out and he was supposed to start this thursday 11/20. However, they wanted 1/3 deposit upon contract signing.Which would be Monday or Tuesday most likely. He said that it's "company policy". I even agreed to give a 1000 deposit, upon signing and the remaining 1200 upon start, however, this didn't work out.
From what I've read most people on here only pay upon START, not upon contract signing correct?