The Upstate SC

VOL12ISS2 2016

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THE ORIGINAL RELOCATION GUIDE — UPSTATE SC | VOLUME 12 — ISSUE 2 64 BUYING OR BUILDING A HOME You might begin thinking of starting somewhere in between building new or buying with a 'fixer- upper'. A 'fixer-upper' does allow you to start with a structure in place that you can renovate as much as you want to fit your tastes, but this also can be costly, and you have to be painstaking about the 'hidden dangers' we mentioned earlier. Unless you're a contractor or have a great deal of building experience it will be best to find a professional contractor to evaluate any 'fixer-upper' you're considering. Building new or buying may be just as cost effective. If you decide to build from scratch or use a contractor for your 'fixer-upper,' there are some thing to consider. When hiring a contractor it's important to investigate each contractor's work before making a final decision. First of all, since you may be new to the area, check with the Better Business Bureau to see if the contractor has accumulated complaints. Make sure the company has sufficient workers' compensation and general liability coverage. Otherwise, you could be stuck with the bill for any accident. Ask to see some of the contractor's previous jobs and check for quality workmanship. Make sure the company has a permanent address and a good reputation with lenders and vendors. Ask as many friends, family or co-workers as possible for personal recommendations. That's not always easy in a new location but well worth the effort. When starting to talk money be wary of unexpectedly low bids, which might not cover costs that may develop later. Obtain several quotes from several different contractors. Get a lump-sum contract, instead of a cost-plus contract. A lump-sum contract stipulates a fixed price for construction and puts the risk of cost overruns on the builder instead of you. Make sure you receive a clearly written contract for the work. If you're lucky enough to find a really great contractor (and there are plenty out there) he/she should work with you to help reduce building costs by providing cost-saving ideas. Substituting different materials and fixtures can sometimes save you literally thousands of dollars and not impact the overall 'wow factor' of your design. Ask ahead of time if there's a cheaper alternative to an idea you have and remember the golden rule of building – 'thinking outside the box usually costs more.' If it's something important to you, go for it and make up for it in a place not so obvious. Take measures to protect yourself by having a thorough inspection by a home inspector who is not Take your shoes off and relax. Compass is protecting your home. We have been servicing the Upstate for over 20 years. Please let us know how we can help protect your new home. Call now for a free estimate! 864-422-1070 | Receive $100 off a termite job! (Must mention this ad) We provide: *Pest Control *Termite Protection *Mosquito Control *Fire Ant Control *Wildlife Control *T.A.P Insulation

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