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Updated almost 4 years ago on . Most recent reply

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Garfield Thompson
  • Bloomfield, CT
4
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Contractor Contract Template

Garfield Thompson
  • Bloomfield, CT
Posted

Do anyone have some good advice or sample contracts for contractors during a Fix and Flip?

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Matthew Paul#1 Real Estate Horror Stories Contributor
  • Severna Park, MD
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Matthew Paul#1 Real Estate Horror Stories Contributor
  • Severna Park, MD
Replied

@Garfield Thompson That sounds all well and good . But if you are hiring real professionals , they wont sign your agreement . And here in Maryland , by law the contractor must supply the contract with a bunch of legal stipulations the State of Md requires . Now you may find a novice contractor or "Chuck in a Truck " who may sign what you have . And naturally a contractors agreement will protect him , thats the point , to describe the work in detail , the payment schedule , and many other things . 

Contractors are businesses , you dont bring your contract to a car dealer to buy a new car , you dont write up your loan agreement when you borrow money . Dont expect a professional to sign your "contract" 

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