Good morning, according to a new report on contractor corruption, 1 in 10 American have been a victim of a contractor scam. Here is the list of top 5 contractors that scam their clients the most.
Of those who were scammed by a contractor, 34% were referrals from family or friends, while 29% found their contractors online. 40% of these contractors frequently arrived late or did not show up at all. While 26% added extra charges or fees that was not previously discuses and 25% simply refused to answer questions about most things including the process.
While 53% reported the scam to the Better Business Bureau, 26% reported the matter to the police, 23% report it to the state attorney general office and 17% reported it to the Consumer protection agency. Only28% were fully reimbursed, 23% received partial reimbursement and 49% received nothing. Average lost, $2,426.
If it matters to you, it matters to us. We are always looking out for your best interest. As always, thank you so much for stopping by, and remember, if you are thinking of purchasing your new home, or selling an existing one, please give us a call. We are here to help. We have been helping home buyers and sellers 12 years and counting. Until next time...Diana
Source: J W Surety Bond
Image by Diana Walton
Astor & Eaton Realty
Diana Walton
Real Estate Broker
713.208.8013
Write to Diana Walton at homes@astoreaton.com
https://www.har.com/dianawalton
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