Wednesday, March 14, 2012

Remodeling? How to get a better bid

@Money March 12, 2012: 5:38 AM ET
When remodeling, create a financial plan upfront and contractors can tailor proposals to fit what you can afford.When remodeling, create a financial plan upfront and contractors can tailor proposals to fit what you can afford.
(MONEY Magazine) -- Budgeting for a large remodeling project presents a bit of a chicken-and-egg problem: You won't have a feel for the cost until you get bids from contractors.
But unless you give pros a ballpark figure from the start, they'll have to guess at what to include in their bids -- and they'll come back to you with a huge range of prices for very different plans.

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