Due Diligence Checklist for Property Owners
Updated: Feb 3
DUE DILIGENCE CHECKLIST
Questions to Ask a Prospective Contractor
In order to make a "good decision" here are questions that need to be asked. Keep in mind, your pool of candidates should be at least three. I say a minimum of three so smaller developers and homeowners when gathering information will be able to gather and compare the details of each quote against the other.
1. Tell me about your company - Proof that he or she is currently licensed, how long have they been in business, where are they located, examples of finished work, etc.
The entire Due Diligence process conducted by Ipsen Due Diligence consists of many more steps.
Ipsen Due Diligence at the request of the homeowner/property owner, will conduct a thorough examination of the prospective contractor. Our due diligence extends beyond asking for basic licenses and insurance. When the process has been completed, usually within two or three days, owners can rest assured that the contractor has been thoroughly vetted.