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  1. grasshopper
    grasshopper is offline Senior Member
    Join Date
    Sep 2008
    Posts
    106

    House Forclosure

    I am getting into the house forcloser buisness, a little of what I do is light renovations to sell the house off again. I have been talking to some people and they said I may need a Contractor License Bond to make any repairs for sale. Have you heard of this before?
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  2. lifeisgood
    lifeisgood is offline Senior Member
    Join Date
    Sep 2008
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    109

    License

    Your best bet is to check the local and/or state requirements to operate this particular business.
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  3. Bond Magician
    Bond Magician is offline Senior Member
    Join Date
    Oct 2007
    Posts
    401

    House Foreclosure

    Quote Originally Posted by lifeisgood View Post
    Your best bet is to check the local and/or state requirements to operate this particular business.
    You may be looking for some type of fidelity bond. Often times contractors obtain fidelity bonds if they are going into homes and doing remodeling or renovations. If the state does not require a bond, you may want to look into obtaining a fidelity bond.
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