(I hate curve balls).....
So we got all our selections completed, presented to the (3) builders, checked references and all clear on all. Selected one we felt most comfortable with (family owned, 30 years yadda yadda). Called today to indicate we are going with and to setup signature of contract. He then indicates money disbursement - $1,000 at contract and $1,000 at completion. All the rest day 1 when they start.
I know the answer to this, just looking for validation/support. This company has recently been handed over to Jr. from his father with past year. Their store frontage has gone form two stores (30 miles away from each other) to one store. He indicated he needed the big chunk at start due to him paying cash for product. These two things tell me he is either getting better discounts doing so, or this trend of smaller size and lower business has him on a cash only basis. Scary.....
My thoughts are if I cant get this to a fair three payment distribution (50, 30, 20 or 33,33,33, or ??) I am probably going to walk.
What all have you seen as the norm or what you did distribution wise? Overall thoughts?