Roofing Orlando
If a roofer asks you to pay the full amount of a roofing project in cash up front, we have a quick answer for you: “Find another roofing company.” However, it is normal for a roofing company to require a deposit between 15% and 50% of the project before they begin working on your roof. Read on for some Do’s and Don’ts when making payment to a roofing company.
1. Do Pay by Credit Card or Check
Be wary about paying a roofing deposit in cash. When in doubt pay by credit card, check, or some other form of payment that is clearly traceable. If you have an issue later on with the roofing job, you’ll want to have proof of any payments you made. If you are working with a reputable roofing company, everything regarding your payment will be clearly outlined in the roofing contract. It is acceptable to pay an established roofing company in cash, but you may choose to pay the deposit in another form for peace of mind. Never hire a roofing company that expects you to pay in cash. This is a bad sign that they do not have the capital to complete the job, or worse, that they do not intend to complete the job.
2. Do Not Pay Without a Contract
Do not make any payments to the roofing company until you have signed a contract that clearly outlines terms of payment for the entire job. If you are wondering if you have found a reputable roofing company, see our tips and guidelines for selecting a roofing company.
3. Do Expect to Pay Up to 50% Up Front
Roofers require a deposit before beginning work to ensure that the homeowner is financially invested in the project and will be able to complete payment when the project is complete. The deposit is usually between 15% and 50% of the total roofing job. A roofing contractor invests a considerable amount in materials and labor when beginning the roofing job, so the deposit by the homeowner ensures that at least some of these costs are defrayed.
The amount the roofing contractor requires for a deposit often depends on the size of the roofing job. For a very small roofing job, the roofing company may require 50% up front, whereas a large commercial roofing project may require a smaller deposit. If your insurance company is paying for the roofing job, expect to pay the deductible before work begins. Don’t forget to have your insurance company approve the project before you sign the roofing contract.
4. Do Not Pay the Full Amount Up Front
While the deposit assure the roofing contractor that the homeowner is a serious client, final payment should only be made when the roofing job is completed to the customer’s satisfaction. This is your guarantee that the roofing job will be done correctly the first time. Even if you are working with a friend or a roofing contractor you know, always stick to this rule. We have seen friendships ruined in small claims court because someone paid their friend up front for a roofing job that was never completed, or had to be repaired later.
5. Do Ask About Financing
15 to 50% of a major roofing job is a substantial amount. If you don’t have the money to pay the deposit up front, do talk to your roofing company about financing. They may have financing options available, or may be able to recommend a local bank or credit union where you can secure a low interest loan to pay the deposit.
Roofing Orlando FL Services
Castle Roofing Group LLC is ready to help you navigate the roofing process with ease. We are fully certified, licensed and insured with a reputation for integrity in the Orlando community. We offer financing options to make a roof replacement affordable for you. Schedule a free roof inspection or call us today at (407) 477-2823.
