The Unfinished Project Scam
Another frustrating scam occurs when contractors start a renovation, take partial payments, and then abandon the project. Homeowners are left with half-completed work, additional expenses, and major stress.
Scammers often justify delays with excuses like “waiting for materials” or “staff shortages,” stringing homeowners along before disappearing entirely.
To prevent this, contracts should include clear project timelines and staged payment schedules. Payments should be tied to completed milestones, not vague promises. Escrow services can also be used to release funds only when agreed-upon stages are finished.
Checking references and ensuring contractors have a strong reputation for completing projects on time is crucial. Homeowners should be wary of contractors who juggle too many projects at once, as this often leads to unfinished work.
Conclusion
Unfinished project scams waste time and money. Homeowners can protect themselves with strong contracts, staged payments, and thorough research into contractors’ reputations for follow-through.
