The Basement Company

Some things to consider:

1. Including part-timers, there are half a million remodeling contracts in the U.S.  and over half of them go out of business each year, and over 90% every five years.
2. The problem is so big that the FTC, the BBB and AARP along with virtually every State Attorney General and numerous consumer groups and agencies publish warnings and guidelines for home improvement contracting.

What rip-off artists are famous for:

1. Charging high prices for low quality materials.
2. Misrepresenting the work to be performed or the materials to be used.
3. Use deceptive pricing.
4. They have trouble providing good references.
5. They don’t have any projects they can take you to so you can see what kind of result they produce.

The result:

1. You spend a ton of money and it still feels like a basement when it's complete.
2. Your contractor disappears in the middle of the job.
3. Subcontractors don't get paid and you wind up liable for mechanic's liens.
4. You are hammered with costly change orders for things your contractor didn't anticipate when the job was bid.
5. You go crazy trying to force your contractor to do what they said or finish what they started.
6. You pay $50,000 for $35,000 worth of work. You sell your home and get next to nothing back in resale value.