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Updated over 8 years ago on . Most recent reply

User Stats

88
Posts
27
Votes
Daniel Ramirez
  • Investor
  • Charlotte, NC
27
Votes |
88
Posts

Contractor seems to have backed out at last minute!

Daniel Ramirez
  • Investor
  • Charlotte, NC
Posted

BP Community - I need some help!

I had an agreement with a general contractor for a property that I'm closing on tomorrow. All seems great. He was extremely responsive and knowledgeable and is currently working on a few projects very close by to my property. He worked with an architect to get renderings drawn up, permits submitted & approved. Now that we're closing (tomorrow!), I've been trying to get a hold of him for that past couple days to make sure we're aligned on getting the demo team ready to go and provide initial funding. He is M.I.A. - not responding. 

I do NOT have a backup at the moment, and am very worried about prospects for getting this project going. Please provide any advice that you have or contractor referrals. 

Thanks!!

Most Popular Reply

User Stats

98
Posts
53
Votes
Milan Mehta
  • Developer
  • Cary, NC
53
Votes |
98
Posts
Milan Mehta
  • Developer
  • Cary, NC
Replied

Do you already have a signed contract with this contractor?  Hopefully you didn't pay any advances.  I agree with the others and start looking for other contractors.  Would suggest using AIA A105 Standard Form of Agreement Between Owner and Contractor as a template for your contract.

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