How much deposit and payment percentage for kitchen remodel?
Frisky asked:
What percent to order and install a kitchen remodel. My contractor wants 50 percent to order and 40 when install begins and 10 at completion. Is that about right for licensed and insured contractor in Florida?
Powered by Yahoo Answers
What percent to order and install a kitchen remodel. My contractor wants 50 percent to order and 40 when install begins and 10 at completion. Is that about right for licensed and insured contractor in Florida?
Powered by Yahoo Answers
October 6th, 2008 at 9:04 am
Powered by Yahoo Answers
I would not do any business with anyone under these terms. I would offer to immediately pay for delivered materials and to quickly pay for completed work. If you pay ahead he has NO INCENTIVE TO DO ANYTHING EVER. He will already have his profit and can make more money doing nothing than finishing the job.
October 9th, 2008 at 8:39 am
Powered by Yahoo Answers
If he is ordering the kitchen cabinets and supplying the material he is not going to use his own money. you can save on mark up if you supply the material defiantly get it in writing first and check references money up front is risky.
October 10th, 2008 at 3:36 am
Powered by Yahoo Answers
I am a kitchen designer in Boston. Our installers are all fully licensed and insured . If we are selling you cabinets and our guys are doing the install, we charge 30% the day you order, 30% the day your cabinets are delivered, 30% the day your countertops are templated or delivered and 10% whe nthe whole project is complete.
I think that’s an extremely fair deal. I got my start as a designer at Home Depot. When I worked there, they took 100% the day you ordered. Now THAT”S scary…