in your upfront construction. You need to talk to your bank or mortgage company and get all the
necessary criteria which may affect the different phases of your project (the before phase, the
during phase, the end phase, and after construction ends and you can occupy the building). Be
specific and detailed in your discussions so there is no point that an assumption will occur which
may be wrong.
Contractor
Hiring a building contractor is no easy task and there seems to be an abundance of them and can
be daunting. Almost everyone has heard the horror stories - scams, shoddy workmanship,
disappearance prior to completion but after they have a large portion of your money, and more.
The Better Business Bureaus have more complaints on building contractors than almost anything
else. Some people will tell you to only deal with a licensed contractor, but licensing does not
necessarily mean you will get a reliable and qualified contractor. It is up to you to protect
yourself and be diligent in your determination of a contractor that will fit you and your
requirements. Sometimes word of mouth from friends, associates, neighbors etc. will lead you to
competent, reliable and qualified contractors - particularly if the contractor is local and has been
doing business locally for some time (prefer years to months in timeframes), and sometimes
those same people can identify those to stay away from. You will also need to have informative
conversations with your bank or mortgage company on what they will require from you to be
able to hire a contractor (and they may also have some contractors that they will recommend and
some they will not recommend from their past clients).
Questions involving licensing may be part of the conversation and you will need to get
clarification from your bank/mortgage company if they require a "licensed" contractor and what
that means to them. The questions regarding unlicensed versus licensed are confusing for all of
us, including contractors. Some states require a license and some don't. Some cities and
counties require a license and some don't. In Lincoln County we do not have contractor
licensing administered by the County. Some of the incorporated towns in the county have
"licensing" which in most cases may just be mostly a small fee to obtain their company name,
address, and phone number to contact them but there is no verification and no insurance included
and after or during the information that was provided on their "license" may not be accurate.
You may want to ask your town what their licensing requirements entail and whether they
include insurance requirements. You may also want to ensure that the information of the
licensed contractor is current and accurate. The State of Wyoming does some "licensing" which
currently equates to a small fee to obtain their company name, address, phone number to contact
them but no verification of information provided and there is no insurance requirement either.
Thus, when choosing a contractor, word of mouth can be very helpful, including
recommendations from family, friends, neighbors, business associates, etc. (please note that