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Cancellation clause important in contract ' )t f 1 I V I \ I ' 4 - t C / I ' , . , . Page 41 Spring Home Living (B) April 2S, 1984 Continued from preceeding page references of previous jobs that should be checked by the homeowner, and the contractor should be knowledgeable about local ordinances and willing to comply. Building permits should be obtained by the contractor, and the contracting firm should provide liability insurance to protect the homeowner in case of an accident at the Job site. The contract should comply with state truth-in-lending laws, and guarantees should be clearly stated. "Most contractors will guarantee general work for one year. Roofs may be guaranteed for five years, and siding guarantees will differ depending on what type it is," Lundeberg said. One of the more important aspects of a contract is that the homeowner be given the right to cancel the contract for three days after it is signed. "This is very important because some disreputable builders can pressure peo­ ple, especially the elderly, into signing a contract right on the spot," Lundeberg said. If asked to make a deposit by check or money order, it should be made out to the contracting firm and not an in­ dividual, he said. Also, homeowners should be certain that any spoken pro­ mises by salesmen or contractors be written in the contract. Lundeberg said the contract should spell out what the entire job will cost, in­ cluding extras. Homeowners should read the contract and be sure they understand it, and should be assured of getting a complete, readable version that has been signed by an officer of the contracting firm. Perhaps most importantly, he said that remodelers should receive the con­ tractor's affidavit accompanied by a waiver of mechanics liens when paying the contractor. Such a lien is filed against work done by a subcontractor if he is not paid by the contractor. If this happens, a homeowner will not be able to clear the title to his house when selling it unless he pays the subcontractor, Lundeberg said. SHOPLOCfUiU If you want to get the most for your homeowners insurance dollar, check with State Farm. Call, and let me explain State Farm s unbeatable combination of service, protection, and economy. Dennis Conway 3319 W. Elm St. McHenry 385-7111 Super tough from top to bottom, LONG-WEARING SUPER-SOLE WORK BOOT SizM/wkftht vary by (tyte 404 % RedWings 233 Main Street, Woodstock, 338-6030 Mon. to Thurs. 9-5; Fri. 9-8; Sat. 9-5 A New Home Now from Wausau Homes M $47,850 COMPLETE ON YOUR LOT SSJQMWJL CQow% Welcome Home. TO OVER 50,000 FAMUES BAUMAN CONSTRUCTION 815-338-2759 1114 N. SEMINARY, WOODSTOCK, IL • Norco wood windows with combination storms and screens • Owens/Corning "in-the-pink" fiberglass insulation • Connor prefinished wood kitchen cabinets • Kohler bath fixtures • Peachtree doors • GE electrical systems • Boise Cascade siding • Thomas light fixtures Low interest Home improvement Loans (F*\ •mm I N S U R A N C E • REMODELING • NEW ADDITION • ENERGY SAVING For complete information call 1 (815) 459-5880 For complete information call 1 (815) 338-9200 Home Ffedml Savings of Elgin (0UAl M0US,NC - J LENDER