DDT Home Pros

remodeing

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3 Amazing Advantages from Scheduling an Estimate During the Holiday Season

Are you planning to start a project at the beginning of the new year? Why wait until the new year to start your project? Why not start planning now? The truth is that most construction companies are at the slowest time right now. But, what does that mean for you? In this article, I will talk about the 3 Amazing Advantages from Scheduling an Estimate During the Holiday Season. Open Availability “Have you ever called a general contracting company to schedule an appointment for someone to come to your home to give you an estimate for your project and to be given an option for an appointment time in 2 weeks?” You have been thinking about this project for awhile and all you want to do is to get the “ball rolling”. But, first things first, you need to hire a contractor, which requires an estimate. Which is why calling for an appointment during the holiday season is the solution to your problem. For most general contractors, the weeks before-and-after Christmas are typically the slowest two weeks of the year; so, if you are considering on starting a project within the next couple of months then this would be the ideal time of the year to schedule your free, in-home appointment. During the busier times of the year, contracting companies will have several appointments in the queue, which would push your appointment further out. But, during the holiday season, you will undoubtedly be first on the company’s list. Don’t believe me? Try it out and call today. I can almost certainly guarantee that you will be on the schedule within 1-2 days. Fast Turnaround Time for Your Estimate “Did you invite a contractor to stop by and review your project, only to have 1 week pass and still not have an estimate?” You took the first step to actually preparing to start your remodeling project, but now, you are being held up by a contractor. As a matter of fact, it wasn’t just one contractor, but all three companies are taking much longer than expected to return an estimate to you. If you had scheduled your appointment during the holiday season, then you would see faster than normal turnaround times for estimates. Not only during the 2-week holiday period do projects slow down, but appointment requests do, too. Which is not uncommon. As a matter of fact, this is typical, so general contracting companies have more time available to complete estimates. In fact, you may receive your estimate the same day. If this is correct, then, you call to schedule an appointment for Tuesday morning, and you receive the estimate by Tuesday afternoon. That is fast! I’ve included a chart to help understand why it is important to schedule your appointment during the slower, holiday season. As you can see, for a company that receives 2 medium and 3 large remodel appointments, the average estimator would spend 13.5 hours completing those estimates. What this chart does not show the various projects that the Project Manager would be managing at the same time. So my sage advice is to ask for a remodel estimate during the non-peak times like during the holiday season. First on the Construction Schedule “Have you hired a contractor and then have to wait for 3-4 weeks for the contractor to finish current projects so he or she can start your project?” One big advantage to scheduling an estimate during the holiday season is that you will be first in line to get your project started. And, it is always convenient to be first in line. With a 3-week timeline for a bathroom, 5 weeks for a basement, and 6 weeks for a kitchen remodel, being first in line is important if you don’t want to wait for your remodel to begin. For instance, if you want a kitchen remodel and you decide to pursue the project during the busy season, you will probably wait an additional 3 weeks for your project to start. In all, scheduling an estimate during this holiday season will lead to faster results when you are ready to start construction in the new year. Are you considering a remodeling project? Are you looking for a contractor that is both professional and trustworthy? Then, DDT Home Transformations is the contractor that you have been searching for! Call https://www.ddthomepros.com/contact/ (630) 200-3945 today to schedule your free, appointment today. #estimates #remodeling #renovation #construction #contractor #HolidaySeason

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11 Tips to Avoid Common Contractor Scams

Contractor scams are unfortunate, unethical, and they make all general contractors look bad. To say the least, I despise the character of any contractor, or person, that engages in unethical behavior to mislead or defraud any homeowner. With that being said, I have been in the industry for awhile, and over the years, I have heard of ridiculous schemes, shoddy workmanship, and nightmare scenarios that homeowners have unfortunately experienced, which is why I have put together a list of red flags, or warning signs, to help you avoid a potential contractor scam. 1. Low-ball Offer If you receive 3 estimates and one is oddly low compared to the others, then there is a potential for a scam. In this scenario, the “contractor” wants you – the homeowner – to make a decision solely based on price. Then, the “contractor” will ask for a down payment (which will probably be a larger amount than what is typical in the industry), and he will leave with your money and never return. How to avoid: Receive 3 estimates. If one is low, then ask why. If the reason is that the contractor missed items on the scope of work, then ask for a revised estimate. If not, walk away. 2. Large Down Payment At DDT Home Transformations, we use a progress payment schedule, which is usually divided into 3-5 payments, depending on the dollar amount of the project. The percentages are typically 30/30/30/10 (with the first 30% being the down payment). So, if your project is $10,000, then the down payment would be $3,000. A “contractor” attempting to scam a homeowner may ask for half or more of the total agreement amount. The only exception to this rule is if the project is less than $5,000 and takes a maximum of 3 days to complete; i.e., small roof, installing doors, etc. How to avoid: If you feel this is a good contractor, then ask for a revised payment schedule. If the contractor is unwilling to revise the down payment amount, then walk away. 3. Payment in Cash With technology helping to swing society towards a lesser dependency on cash, using traceable forms of payment is recommended. A “contractor” pushing for you to use cash is a large, red flag, screaming “STOP”. Specifically requesting payment in cash is abnormal for the residential remodeling community, since there are a plethora of payment options; i.e., check, debit, and credit. To avoid this scam, insist on using a non-cash form of payment. How to avoid: Don’t pay in cash. If a contractor is insisting on cash payments, then don’t proceed. Besides, check and debit card payment forms is the equivalent to cash. 4. No Permanent Office This is not a knock on all of the aspiring entrepreneurs who are bootstrapping their way to a successful construction company one day. If you are working with a young company, then the owner will have the capacity to confidently answer any questions pertaining to their “home” office. But, without a permanent location, scam artists pretending to be contractors will use this tactic to make the possibility of tracking them impossible. How to avoid: Review the business online. Have multiple conversations with the owner. If you feel comfortable, then proceed with a strict payment schedule. If not, don’t proceed. 5. Limited Time Offers You can’t beat a great deal! There’s nothing like getting something you want for almost nothing, unless the deal is too good to be true. Don’t be fooled by limited time offers. “Contractors” will position an offer in such a way that is almost impossible to say no to. Say, “NO”. It will save you a lot of frustration and money. Remember that these “contractors” have no intention of doing any work, they just want your money; so, if they offer a BOGO when nobody else is, then this offer is a NO-GO. How to avoid: The old adage is, “If it is too good to be true, then it probably is” applies to this scam. Do not be blinded by low prices. Honestly, abnormally low prices are indicators of inexperience and potential malfeasance. Politely decline the “limited-time offer” contractor. 6. Going Door-To-Door I don’t know a contractor who goes door-to-door; it could possibly be an effective marketing strategy since no one else I know is doing it. But, in this case, going door-to-door is nothing more than a non-digital phishing strategy. The “contractor” is looking for a homeowner that is gullible enough to take the bait, whatever it may be. However, a contractor that is working in the neighborhood may walk the surrounding area to hand out flyers or door hangers – this is acceptable. How to avoid: Don’t entertain offers from door-to-door, contractor salesmen. It is abnormal for the industry. Besides, if you want a project completed, you will solicit for estimates. 7. Lacks Professionalism Does the “contractor” have a shirt or vehicle with the company logo and information such as a phone number or website address? How was the contractor’s demeanor during the conversation or meeting? A person that is looking to take your money will not be this prepared or have this type of information readily available. If you are unsure about the contractor’s professionalism, then just conduct a simple, Google search, and you will find the company’s digital footprint that will include reviews, a website, etc. How to avoid: If the contractor has a bad attitude or lacks professionalism, you have a vote in his business’s long-term viability, and vote “no”. Do not proceed. He needs to respect homeowners and the profession as a whole before being given the reigns to operate as a contractor in this industry. 8. Contract Changes After the initial meeting, you decided that this was the right contractor for your project, but the “contractor” keeps changing the contract. In my experience, contract changes occur when there is additional work to be completed. However, I can usually inform the homeowner of where the changes will come from prior

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4 Great Projects for Your Tax Refund

Somewhere between New Year’s Day and Valentine’s Day, we start thinking about tax refunds and all the things that we can do with the additional influx of income. A family trip to Disney? Pay off holiday debt? Maybe a new front door? The myriad options run through one’s head like a sleeping giant counting sheep. But, for those considering a home remodel project, this article provides the best small, yet impactful, project options. Oh, and by the way, they all have top-of-the-line ROIs. And, if you love coffee like me, you’ll appreciate the references. $500 – “Tall” Refund Project: Replace Entry Door – ROI: 101% That’s right, spend $500 and you will get $505 back in equity. In other words, you earned $5 in profit by replacing your entry door. Just make sure to select a door that is aesthetically appealing and a door color that complements your home’s exterior color scheme. Remember, in order to achieve equity, you will need someone to be interested in your home and purchase it. The featured door in the image is a 2-panel, pre-hung, steel entry door from Home Depot for $249 pre-tax. If your budget is $500, you will have plenty of room financially to afford the rest of the project. You will need to paint the door, both interior and exterior, which is cost about $50 in material, bringing the total to $325. That leaves you $175 to hire a handyman to install the door. The project would take about 1 hour for a handyman to properly install the door, assuming there is no additional prep work needed. A handyman would charge between $100 – $200 to install the door, which would bring the total right to $500. If you use your $500 tax refund to replace your entry door that returns 101% of your investment, you will definitely have the blessing of your financial advisor. As a matter of fact, once you tell him how great the project worked out for you, he’ll probably replace his door, too. #smallyetpowerfulproject $1,500 – “Grande” Refund Project: Replace Garage Door – ROI: 88% Imagine its March and its still pretty cold outside. You pull into your driveway, see your brand new garage door, press the opener and drive into your warm garage. And ever since you replaced your garage door, neighbors have been driving by, saying how great it looks. “How good it feels…” is what you think as you turnaround to glance at your beautiful new garage door. And, it cost you next to nothing – just one tax refund. For this project, you need to purchase a garage door, a garage door opener, and hire a company to install them. The good news is that Home Depot can do all of this for you. The garage door in the picture is an insulated, single entry, painted steel, wood-look garage door with insulated, double pane windows. The door also includes a 1/2 hp, chain-operated, Chamberlain garage door opener with one wireless keypad and one wireless key remote. For all material and install, the pre-tax total is $1,524.52. The after tax price is around $1,675.00. With an 88% ROI, you will receive $1,474 in equity. In other words, even if you pay $175 out-of-pocket, you will still get all of your money back after your tax refund covers the majority of the costs. This is a great project that you will get to enjoy looking at everyday. $3,000 – “Venti” Refund Project: Replacing Windows – ROI 77% Even with a venti-sized refund, replacing all of your windows without additional funds is not possible. However, the good news is that you can purchase all of the material needed for the project with your tax refund. The material includes: With installation, you can expect for each window to cost between $150-$200. So, if you have 8 windows, then you can estimate that install would cost between $1,200-$1,600. In all, if the material for your windows cost $3,000 and the labor cost $1,600, then the total project will cost $4,600. With a $3,000 tax refund, you will only have $1,600 to pay. With 77% ROI, you will receive $3,542 in equity (definition: the dollar amount considered to be able to add to the sale price of your home). So, the $1,600 you pay upfront will be recouped if you sell your home. Plus, assuming you install energy efficient windows, you will save $100+ each year on heating and cooling expenses. $6,000 – “Quadruple Shot Latte” Refund Project: New Trex Deck – ROI 70% Now, if you receive a large tax refund like $6,000, then you will need to change your thinking in regards how the influx of income will be used. For instance, with the 3 previous projects, the idea was to use the tax refund to fund most, if not all, of the project. With a large refund, think large project such as $10,000+ to complete. Normally, large projects require saving and financing. A large tax refund helps curb the need for lots of financing. For instance, a 300 sq. ft. Trex deck with a new substructure, deck boards, railing, and stairs will cost $15,000. If you save $5,000 and use the $6,000 tax refund, then you only need $4,000 in financing. Plus, a Trex deck is a long-term investment; it won’t need replacing for at least 25 years, which is typically longer than a homeowner normally stays in one residence. In conclusion, use a large tax refund to fund a large project that will be a long-term investment. These type of projects include: a new Trex deck, replacing kitchen cabinets, installing new hardwood floors throughout the first level, and installing new siding. In all cases, your choice of deck color is important because composite decking is much longer lasting than natural high maintenance product! Visit our deck gallery and veiw some great examples on our website! https://www.ddthomepros.com/contact/ – or just phone 630-200-3945 to schedule an estimate! #remodel #construction #homeimprovement #contractor #basementremodel #kitchenremodel #taxrefund

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