Contractors Mortgages

By admin, January 28, 2010 12:10 pm

how can i find out if a building contractor is license in state of mn?

he is my brother in law in minnesota and set us up with loan with his so called mortgage co. now house is 5 months over due, he’s not having work done there in a while. He’s been taking out all draws,(i just put a stop to that, mortgage for 2 homes we were gonna sell them, we live in wi)bills are piling up and he won’t tell me where money has been spent. He said we signed a contract with him and he doesn’t have to tell me what subcontracters have been pd or if pd at all. If we had a REAL contract with him wouldn’t we have something in our loans papers as to a contract that states a summary of work to be done, materials,(flooring, elect,, roofing costs), have nothing like that in loan papers. Is this fraud or what . I’m trying to find out what needs to be done and he won’t tell me what needs to be done and am going to see a lawyer next week. Is this normal for a contractor? any feed back would be helpful, cuz he really think he took advantge of us.

First look online to Minnesota License LookUp to see if he has a license of operate in MN.

Not unlike most states, you need a purchase agreement stating what each party is going to do. I take it you don’t have a purchase agreement? If not, I strongly urge to to contact your attorney tomorrow to see what your options are. Put a stop to all payments and work on the site. Have a “Stop Work” posted on the site if necessary.

Contractor Pensions


www.homedepot.ca

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