subject: Subcontracting Your Own Home [print this page] You will first want to decide if you are up for the challenge. You will be responsible for finding the different subcontractors such as electricians, builders, plumbers, carpenters and more. Finding subcontractors can be fairly easy but you will want to do some verifying before choosing one. Be sure to verify that you are choosing licensed contractors that are insured. As you begin to receive bids, you will want to request them in writing. Ideally, you will be getting bids for the entire project and not an hourly estimate.
As the work begins on your home you will need to coordinate with your subcontractors and be the liaison between the multiple companies if necessary. Certain projects cannot be finished or started until work is done. It can help to get the subcontractors on the same page before the work begins. Each can estimate when their work will be done and the next job can begin. You need to keep in mind that you will have electricians, plumbers, general workers and more all needing to work on the home.
Be sure to get everything in writing. It may be a quote or even an inspection. Request that the quote or inspection is signed and that you get a copy. Any information that you receive from the subcontractors should be saved in case issues arise. It may also be a good idea to review any information with an attorney as well. You can never be too careful and will want to protect your investment any way that you can. You may also want to review insurance policies while the home is being built.
Choosing to be your own contractor is an ambitious challenge. It can allow you to save money but cost you in the long run, if done poorly. Be sure to review all your options before making haste decisions. You can use information online as well as friends and family for guidance and help. Ultimately, you should be able to get the home of your dreams at a fraction of the cost.
