Be Aware and Beware
Our mission is to assist homeowners in every possible way to help minimize construction problems and prevent renovation fraud.
Through personal mentoring programs, individual project consulting and raising industry awareness, we aim to PROTECT homeowners from serious and costly consequences that often arise from a renovation project.
Know what to look out for BEFORE you sign a contract or pay a deposit.
Part of protecting yourself from contractor fraud is to learn from other’s experiences. Here are a few recent articles featuring Toronto residents and their bad experiences.
BE AWARE
Know what to look out for!
Insurance
Check that your contractor has the appropriate and current license and insurance coverages for your project.References
Diligently probe the contractor’s references to ensure that they are recent and relevant to your project.Finance / Budget
Large deposits are suspicious! Beware if your contractor asks for a large upfront! Standard payment terms and holdbacks guidelines can be found on line and should be part of your contract. Cash payments can also be problematic from a tax avoidance perspective.BEWARE
Contractor Fraud is on the rise
As seen in Toronto Life
Click here to read: Bad Builder, October 10, 2023As seen in Global News
Click here to read: Toronto-area contractor fraud totalled more than $1M: policeAs seen in the Toronto Sun
Click here to read: Toronto woman allegedly out $1 million in construction fraud scam