Their renovation project won’t start for a few months but they want to secure the contractor with a down payment. They want to be fair but also sensible and not give too large of a percentage in advance. What percentage of their total project budget should they plan on paying before work begins?

Please chime in with your advice.

[forumTopic id=”general-discussion:contractor-down-payment-bes”]


Need a professional opinion? Try Brownstoner Services, where you can talk to a concierge (it’s free) or browse our community of pros. >>


Related Stories

Email tips@brownstoner.com with further comments, questions or tips. Follow Brownstoner on Twitter and Instagram, and like us on Facebook.

Brooklyn in Your Inbox

* indicates required
 
Subscribe

What's Your Take? Leave a Comment