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Old 05-05-2009, 02:43 PM
 
Location: North Port
325 posts, read 1,024,263 times
Reputation: 101

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Quote:
Originally Posted by dmccauley View Post
My only word of advice is to get at least three quotes. I did this when I got my pool cage installed, you'll find out really quick who is trying to rip you off. Also don' make any final payments until the building inspector has come thru. He found a couple of things on mine.
Yes, this is very good idea. I always leave Ten percent for the finals and punchout items. This is a added incentive to kill the permit.
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Old 05-05-2009, 03:37 PM
 
Location: Palm Island and North Port
7,511 posts, read 22,922,074 times
Reputation: 2879
Just drove past a sign today that said-complete pools, cage, equipment, deck, etc-$19,900, swim in 33 days.
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Old 05-05-2009, 08:55 PM
 
Location: Port Charlotte, FL
301 posts, read 1,154,170 times
Reputation: 121
Quote:
Originally Posted by Big House View Post
We will definitely go out for a boat ride, and if you're on the water (gulf access) i'll find a way to your house by boat too.

There are a lot of good restaurants around! I like a place called Portofino's, it is in Port Charlotte, on the water just over the bridge from PGI. They have a nice deck bar, and great Italian food too!
Excellent recommendation Big House. My wife and I ate at Portofino's on Valentines day this year and it was GREAT! I had a NY Strip and she had a Grouper sandwich. With a glass of wine each, I think around $45.
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Old 05-06-2009, 03:00 AM
 
Location: Charleston, SC
1,048 posts, read 2,288,840 times
Reputation: 571
Quote:
Originally Posted by Big House View Post
We will definitely go out for a boat ride, and if you're on the water (gulf access) i'll find a way to your house by boat too.

There are a lot of good restaurants around! I like a place called Portofino's, it is in Port Charlotte, on the water just over the bridge from PGI. They have a nice deck bar, and great Italian food too!
Thanks Big House. I'll definitely give Portofino's a try. And if we do get a home with gulf access we'd love that boat ride.
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Old 05-06-2009, 03:04 AM
 
Location: Charleston, SC
1,048 posts, read 2,288,840 times
Reputation: 571
[quote=SoFLGal;8666715]Just drove past a sign today that said-complete pools, cage, equipment, deck, etc-$19,900, swim in 33 days.[/quote

Wow that's extremely reasonable. Thanks for the info. All you guys are just so helpful with all the advice. Thanks to you all.
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Old 05-06-2009, 07:22 AM
 
Location: Venice Florida
1,380 posts, read 5,928,993 times
Reputation: 881
I agree with the thought that the home-owner should hold back final payment until the county inspections are completed successfully. More important though, is too have signed partial lien release accompanied by copies of paid receipts to subs and suppliers before paying any draws, and a final release of lien on final payment.
It is wise to make sure that the contractor understands these requirements prior to signing a contract.
It is really disconcerting to have a lien placed on your home because the supplier's bill wasn't paid by the contractor.
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Old 05-06-2009, 03:46 PM
 
Location: North Port
325 posts, read 1,024,263 times
Reputation: 101
[quote=FLBob;8675603]I agree with the thought that the home-owner should hold back final payment until the county inspections are completed successfully. More important though, is too have signed partial lien release accompanied by copies of paid receipts to subs and suppliers before paying any draws, and a final release of lien on final payment.
It is wise to make sure that the contractor understands these requirements prior to signing a contract.
It is really disconcerting to have a lien placed on your home because the supplier's bill wasn't paid by the contractor.[/quote

As a Contractor I give Clients release of liens. Back during Charley we did about 300 cages. The suppliers where a handshake on materials. They did not place materialman liens. Subs also did not. But, in this day and age as the law states after Sixty days " After the first major portion of work has been done." subs, materialman, subs of a sub cannot place liens. A notice to Owner has to be sent via registered mail to the Owner. After this is sent then a lien may be placed. I remodel homes and all my customers receive release of liens when the final installment is paid along with the Final of the permit. Handing customers receipts and showing I paid suppliers and subs, kind of goes against the contract. Just my Two cents
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Old 05-06-2009, 07:34 PM
 
Location: Venice Florida
1,380 posts, read 5,928,993 times
Reputation: 881
Here's a link to the MyFlorida.com web site that describes the law.
Florida mechanic lien law explained make your own determination....

I only advised as per the guidelines set by the State of Florida.
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Old 05-07-2009, 05:18 PM
 
Location: Punta Gorda and Maryland
6,103 posts, read 15,088,066 times
Reputation: 1257
Quote:
Originally Posted by Pattig View Post
Thanks Big House. I'll definitely give Portofino's a try. And if we do get a home with gulf access we'd love that boat ride.
You'll like it! If you buy a house that's not on the gulf, you'll have to wait till I take my boat in to get it serviced if you want to see your house. Of course, when you ride in my boat, you'll be on a trailer! LOL Using your imagination - nothing is impossible!

Find a way, not an excuse!
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Old 05-07-2009, 05:34 PM
 
Location: Punta Gorda and Maryland
6,103 posts, read 15,088,066 times
Reputation: 1257
[quote=kbuild;8684070]
Quote:
Originally Posted by FLBob View Post
I agree with the thought that the home-owner should hold back final payment until the county inspections are completed successfully. More important though, is too have signed partial lien release accompanied by copies of paid receipts to subs and suppliers before paying any draws, and a final release of lien on final payment.
It is wise to make sure that the contractor understands these requirements prior to signing a contract.
It is really disconcerting to have a lien placed on your home because the supplier's bill wasn't paid by the contractor.[/quote

As a Contractor I give Clients release of liens. Back during Charley we did about 300 cages. The suppliers where a handshake on materials. They did not place materialman liens. Subs also did not. But, in this day and age as the law states after Sixty days " After the first major portion of work has been done." subs, materialman, subs of a sub cannot place liens. A notice to Owner has to be sent via registered mail to the Owner. After this is sent then a lien may be placed. I remodel homes and all my customers receive release of liens when the final installment is paid along with the Final of the permit. Handing customers receipts and showing I paid suppliers and subs, kind of goes against the contract. Just my Two cents
In larger projects, we provide a performance and payment bond that guarantees that all the subcontractors and suppliers are paid. The Owner can have the liens discharged by the bond if the lower tier contractors are not paid. Most home builders do not furnish p&p bonds.

The Owner should know who all the major subcontractors and suppliers are on the project and require partial releases be furnished for each draw / payment paid to the Contractor in the previous draw. Contractors are not banks, and should not be expected to fund the project out of pocket, but in regular draws. That said, sub-tier contractors should have been paid from the last draw before another payment is made, and it should not be a problem furnishing that proof. Subs and suppliers will be happy to be sign these these partial releases. Final releases of liens should be furnished with the concurrent release of the final payment. Final payment should not be made until the property recieves all of the necessary occupancy permits, the punchlist has been completed, and the releases of liens are provided. Generally the amount retained is equal to about 200 percent of the estimated cost of the work, that way the Contractor has the incentive to complete the punchlist work, and the owner is protected sufficiently to get the work completed if necessary. Usually 5-10% of the total contract cost is retained from payment to the Contractor until the work has reached the final punchlist stage. 5% is usually appropriate if the work has been progressing as promised, and there are no major disputes.
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