A Cleveland contractor found what amounted to a $2.7 million fortune in the walls of a house he was renovating. The homeowner offered him 10%, but he wants to keep it all, his lawyers enacting a centuries old “treasure trove” common law provision. Steel boxes contained rare 1929-series Cleveland Federal Reserve bank notes, worth about $85 each, $500 bills and a $1,000 bill. Tipster Zakarth quipped, “If the contractor had found a poison leak would he take ownership of that?” What do you think?
You might think you’re saving a buck by going with their advertised cheap services, but they’re bidding without insurance, worker’s compensation, or training. MSNBC’s new investigative series “Home Wreckers” tapes a police sting operation aimed at snatching up sketchy contractors. One of the guys is accused by several homeowners of low-balling bids, which then end shoot up in price over the course of the project. He also takes customer’s money and then never finishes the repairs. The police search his car and find ecstasy hidden in it. The police show off pictures of other contractors who were found to be convicted child molesters, on probation for attempted murder, registered sex offenders, on a state’s 10 most wanted list, and on Megan’s List. They advise to only hire licensed and bonded contractors, as they have to go through background checks and drug tests. You wouldn’t want to let some ex-con in your house, or around your kids.
How one blogger found a kitchen-remodel contractor he’s very happy with. [All Financial Matters]
Robert and his wife ordered a deck from Home Depot with the understanding that it would be installed around the middle of August. It turns out that Home Depot didn’t have necessary certification in order to build the deck. Home Depot is now requiring Robert and his wife wait until around Thanksgiving while their engineer does his paperwork.
I recently hired a plumber to do a rebuild on an existing small bathroom. During the demolition phase, the plumber remarked that he would be reclaiming the old copper pipe and that it was worth around $25.
Back in May Boston’s ABC 5 tracked down a convicted sex offender who was working as an unlicensed contractor for Home Depot. Not only was the guy a registered sex offender…he didn’t even refinish cabinets well.
Home Depot has been fined $750 by Westchester County, NY for operating without a license after one of their subcontractors allegedly gut the kitchen of a resident, dumped the debris on the customer’s driveway, then never showed up again.
According to a statement by the Connecticut Attorney General, 160 unregistered contractors were busted in a sting operation. Neat! From the statement:
When we say that we expect contractors to comply with the law we mean it,” Commissioner Farrell said in announcing the results of the sting operation, which was conducted with cooperation from the Ridgefield, Redding, Stratford, Fairfield, and Trumbull Police Departments, Trumbull building officials, and the Connecticut Department of Transportation. “Any person who wants to perform work in Connecticut must follow the State’s legal requirements associated with the job. This should not come as a surprise to anyone. We intend to pursue appropriate penalties and punishment for these contractors.”
“I asked for a kitchen, and I never thought I was going to get a sex offender.”
— Home Depot customer Niki Lebrecque on learning that the home improvement store sent a convicted sex offender with an extensive history of violent attacks to refinish her cabinets.
Last week we wrote about how if your contractor doesn’t pay his sub-contractors, you can find them coming after the value of your house, a process called a mechanic’s lien.
If your contractor doesn’t pay his sub-contractrors, you can find yourself in a position where the sub-contractor is coming after your property and making you pay up, this cautionary tale from reader G warns…
NewsCenter 5′s Sean Kelly reported that six years ago, [Diane] Turk hired Home Depot to install her new windows, but after shelling out thousands of dollars, she claims the job was never done right. “I don’t think if you have a reputable contractor they would have left the window looking like this,” she said.
Home Depot's Contractors Instructed to Intentionally Inflate Estimates, Charge For Items Not Installed
Now, NBC4 has heard from customers in 22 states and from insiders from across the country, who have given NBC4 a paper trail of internal documents, suggesting the company overcharges customers on window and siding installations, kitchen remodels and on roofing jobs.”