So I have had this issue with collecting a final payment. It is from a high end builder who is building 3/4 million dollar homes. He does not seem to be broke or anything that I can tell. We completed the final punch list at the end of April. He paid us but held a 20% retainer fee which totals just a bit less than 5,000.00. It is a large amount of money for us. It hurts just knowing this money is owed to us.
So I have emailed him the final invoice 3 times. My wife called him last friday and he advised her that he was in his office and would work on getting the final payment sent to us that day, which was 7 days ago. I don't have an attorney but have considered getting an attorney to send the builder a letter requesting payment. I have not dropped by his office yet, but have considered doing just that. I am not a very confrontational kind of guy though so before a face to face meeting happens, I will need to be confident in what my exact rights are so that I can speak intelligently.
As far as I know there are no issues on the job. I have several photographs documenting this job, in fact it is one of the best jobs we have ever completed. It turned out extremely beautiful so it is hard to fathom someone ripping us off on this job. Both the builder and his Project Manager advised me everything has checked out good.
I typically do not run into this issue. Most of the time customers will pay out when the job is finished. Most of our jobs are with owner builders or owners who are remodeling so I am typically dealing with an owner.
Not sure if there are any good words of wisdom here. I am going to consult an attorney.
So I have emailed him the final invoice 3 times. My wife called him last friday and he advised her that he was in his office and would work on getting the final payment sent to us that day, which was 7 days ago. I don't have an attorney but have considered getting an attorney to send the builder a letter requesting payment. I have not dropped by his office yet, but have considered doing just that. I am not a very confrontational kind of guy though so before a face to face meeting happens, I will need to be confident in what my exact rights are so that I can speak intelligently.
As far as I know there are no issues on the job. I have several photographs documenting this job, in fact it is one of the best jobs we have ever completed. It turned out extremely beautiful so it is hard to fathom someone ripping us off on this job. Both the builder and his Project Manager advised me everything has checked out good.
I typically do not run into this issue. Most of the time customers will pay out when the job is finished. Most of our jobs are with owner builders or owners who are remodeling so I am typically dealing with an owner.
Not sure if there are any good words of wisdom here. I am going to consult an attorney.