Marcraft Homes Luxury Home Builders Vancouver BC
  • Home
  • Who We Are
  • Project Gallery
    • Custom Homes
    • Renovations & Remodels
    • Current Projects
    • Commercial Construction
    • Landscape
  • Custom Homes
  • Renovations
  • Commercial
  • Recognition
  • News
  • CONTACT
    • Contact Form
    • Supplier Bid Form

News, Tips & Updates

Knowing What To Ask – The Legal Contract

2/3/2014

0 Comments

 

The Legal Contract. – 10 Key Points to have on your renovation contract

1. Is your contract FIXED PRICE or COST PLUS (A “Fixed-Price” contract is where the amount agreed to, does not vary depending on the resources or time expended to complete the task, where as a “Cost Plus” contract is intended to ensure that any unforeseen costs or overruns do not derail the project entirely)

2. The contractor’s name, address, license number, the approximate start and completion date and specific and detailed descriptions of the scope of work to be completed.

3.  Your contract’s payment terms should be clearly outlined including the total price, payment schedule and a retention clause.  Down payments are generally 10- 30% of the total with three to five consecutive scheduled payments.

4.  Make sure to have clear instructions regarding the clean up, removal and disposal of debris.   All responsibilities of items such as dumpsters and portable toilets should be clearly spelled out are to be on your property, it should be clear whose responsibility it is to empty and properly maintain them.  Likewise storage of any materials and equipment while the renovation is underway.

5.  Warranties for all labor and materials should be in writing, clearly stating what’s covered and the duration as well as manufacturers’ warranties.

​6.  All work should adhere to city, municipality building requirements.  The contractor will provide necessary permits, arranging the required inspections.

7.  Questions and Concerns are to be in writing to the contractor. (mostly electronic with new project management software and tools)

8.  All contract changes and change orders are to be in writing with the date and signatures of both the contractor and property owner.

9.  A termination clause which stating the reasons the homeowner or contractor can leave the property without penalty (e.g.the homeowner doesn’t make payments, there are unnecessary delays, poor workmanship).

​10. Any potential violations by either party should be clearly defined including failure of the contractor to begin or complete the project as agreed upon in the contract.


Marcraft Homes is a luxury custom home builder, building and renovating quality residential homes in Metro Vancouver since 2003. Are you thinking of a major home renovation in Metro Vancouver? Call or email Erynn today and ask for the Marcraft Welcome Kit, our free information gathering tool you can use and share with the Marcraft team to help plan and organize your next home renovation project.
0 Comments

Knowing What YOU Want – Renovations

1/30/2014

0 Comments

 
A successful home renovation begins with good design. Whether you are remodelling the entire house, turning your basement into living space or updating your kitchen, the design of your renovation ultimately determines how satisfied you will be with the finished job

Read More
0 Comments

Understanding the Contractor/Trades Relationship

1/27/2014

0 Comments

 
We as the builder/renovator are directly responsible to you and our trades’ are directly responsible to us. An approved trades and vendors list should be communicated with you so that you know who will be in and out of your home.

​As a contractor, we act as your buffer and ensure that everything is delivered, installed and completed as per specifications.


Read More
0 Comments

Once the Ink is dry…Who You Gonna Call?

1/17/2014

0 Comments

 
In today’s world, contracts are often seen as something combative where both sides are  battling for their rights and protections, but what is often overlooked is – building in a communication plan – reporting schedules and guidelines so that things don’t become confrontational

Read More
0 Comments

What You Need to Know – Project Management

1/10/2014

0 Comments

 

WELCOME TO 2014!

We ended 2013 with a common thread (establishing trust and communication with your potential home builder/renovations company) and we thought we should continue that conversation to ensure that any major home renovation projects you have planned for 2014 go smoothly.

Read More
0 Comments

What You Need to Know – Experience

12/23/2013

0 Comments

 
Pictures are worth 1000 words.

In the home builder and renovation world – pictures and videos showcase our portfolio, project experience and capabilities. BUT don’t get distracted by all of the absolutely perfect “after” shots that have been professionally staged and lit

Read More
0 Comments

What You Need to Know – Communication

12/20/2013

0 Comments

 
The ability to communicate well, like trust, does take time, but you can tell a lot about a contractor by their ability to understand what it is you are envisioning as well as draw upon their experience to explain why something may not work well, even though it looks great in your head.

Read More
0 Comments

What You Need to Know – RenoMark Certification

12/17/2013

0 Comments

 

What do most beautiful West Vancouver, Shaughnessy, North Vancouver, Anmore custom built homes and major renovation projects have in common…?

​Trusted and reliable builders certified by RenoMark!


Read More
0 Comments

the best gift this year – a contractor you can trust!

12/10/2013

0 Comments

 

​Signing on the dotted line should really be an easy and exciting moment!

Reviewing paperwork with a company means you are fairly confident these are the people you want to work with on your project and you need to make sure you understand the type of contract you are signing (cost plus or fixed cost), what the major milestones and timelines are and of course, the payment schedule

Read More
0 Comments

Before you Commit – Project Scope

12/6/2013

0 Comments

 
Tackling a major home renovation for the first time can be nerve wracking, and when it comes to renovations, the consequences can be disastrous if you are not prepared with a solid outline of the scope of work involved

Read More
0 Comments
<<Previous

    Authors

    Mark Jauck, Owner/Builder
    ​Andrea Jauck, Luxury Realtor, Pinnacle Group Real Estate Marketing

    Archives

    October 2020
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    February 2017
    January 2017
    December 2016
    November 2016
    February 2015
    January 2015
    October 2014
    September 2014
    August 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    September 2013
    April 2013

    Categories

    All
    4 Important Custom Built Home Benefits VS Buying An Existing Home
    5 Benefits Of Renovating Your Home
    7 Ways To Decorate Your Home For Sale This Holiday Season
    9 Tips To Conserve Energy This Summer
    Advanced Floor Care: How To Polish Hardwood Floors
    CUSTOM HOME BUILDING
    Happy Holidays From Marcraft Homes!
    HOME MAINTENANCE
    HOME RENOVATIONS
    How About A Backyard Bar Shed?
    INTERIOR DESIGN
    LIFESTYLE
    PROJECT UPDATES
    Top 10 Home Design Trends Of 2017
    UNCATEGORIZED
    What Is A Bonus Room?
    What To Do + Where To Go This Holiday!

    RSS Feed

COMPANY

Find Us
Contact Us
About
Awards & Recognition​
604-461-2560
Picture
© COPYRIGHT 2017 ALL RIGHTS RESERVED
​site Egami Creative Agency.
  • Home
  • Who We Are
  • Project Gallery
    • Custom Homes
    • Renovations & Remodels
    • Current Projects
    • Commercial Construction
    • Landscape
  • Custom Homes
  • Renovations
  • Commercial
  • Recognition
  • News
  • CONTACT
    • Contact Form
    • Supplier Bid Form