Delayed Projects Tips

[Tony Sherman]

Have you ever had to deal with major delays in a renovation project, and how did you manage the situation?

[Steven Goldman]

Hi Tony, 

Bringing the project in on time is one of the keys to successfully flipping houses. There are many sources of delay. if it is your contractor you need to vet the contractor more carefully. If it is materials you need to know the availability of certain materials before you order them. Should the municipal inspections be the cause of your delay? You need to know someone in the L&I office or in politics who has some influence to keep your project moving. Others have pointed out delays may require further negotiations with your lender which is almost certain to cost you more money. Planning and careful execution should reduce your risk of delay. If you have been delayed do not hope you will get back on track start planning your response and face the consequences that the delay will cause.