Schedules

Stop Contractor Ghost Scams Before Losing Your Deposit

Contractor ghost scams are on the rise, leaving homeowners without their deposits and projects unfinished. This guide outlines key strategies to verify contractors, establish secure payment plans, and recognize warning signs, ensuring your renovation investment remains safe.

By Kelly Alyse•April 22, 2026

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New Laws Limit Contractor Deposits Before Work Begins

Starting in 2026, homeowner protection laws cap contractor deposits at 10% of project costs, mandate milestone-based payments, and require lien waivers for greater transparency. These measures reduce risks, align funds with work completed, and make renovations more secure for all parties.

JoAnn Souza•Jan 11