In this scam, a person claiming to be from a renovation or contracting firm will appear at the victim's door. The person will advise that they are working in the area and noticed that certain aspects of the property require repair or renovation. A special discount price is offered, which may be good only for that day.
The discount may be a special "seniors discount" or a discount offered only because the renovator happens to have "extra material" on hand. The person is overly friendly and appears knowledgeable. The "special discount price" usually turns out to be a price that is much higher than the normal market price. In many cases, the repairs or renovations are not actually needed.
To help prevent this type of fraud:
- Never rush into making a deal or signing a contract. Take a few days to think about it.
- Ask for, and check references. The company can also be checked out with the Better Business Bureau and Ontario Ministry of Consumer and Business Services.
- Ask for a written estimate. Then get at least two more estimates from reputable businesses in your area.
- Have any proposed contract checked over by someone trustworthy before signing it.
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