Quote:
Originally Posted by retiredguy123
Reputable contractors will always perform a job without being paid in advance. If it is a large project, you can always agree to make progress payments, based on the value of work actually completed. But, never ever pay for work that has not been completed. I never pay in advance, and I have had no problem hiring good contractors to do all kinds of work. If they require a payment in advance, I just tell them that we cannot do business and that I will hire another contractor. There is no temptation at all for me.
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Not sure many contractors are going to start work on a project that is $40,000 with out getting some money up front. The contract called for money up front to start the job then a payment once the window was ready to go in and the bath was ready for tile. My mistake was making a payment out of the reserve before the job was finished.