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Home Improvement Scammers: When They Come Knockin’ Send ‘Em Walkin’

Some shady contractors do their best to convince you that you desperately need a home repair and that you need it done NOW.

Here are five things that should leave you with an eyebrow raised, and your guard up:

1. Anyone who shows up unannounced offering a special deal. Reputable companies don't need to knock on doors.
2. Requests for cash or large up-front payments.
3. High-pressure sales tactics pushing you to make a quick decision. A good company knows that the more you think about your project, the better its offer will look.
4. Extremely low bids--remember the adage, "You get what you pay for."
5. A truck that has little or no identification and business cards lacking a street address.

Ask a prospective contractor for his business license and the name of his insurance provider. Verify that both are valid. If your state doesn't regulate residential contracting work, ask to see a driver's license so you know who you are dealing with and where the contractor lives.

With a little research, you can find a reputable contractor who will get your home improvement job done right. Call or stop by a credit union to talk to us about financing your renovations with a home equity loan.