I know I am probably screwed but need advice

[Jenson71]

Originally Posted by Phobia

No. Not at all. I want paid for materials as they're delivered. I want paid for a half-done job when it's half done. I can't do a $50k job and wait a month to get paid on it. Some guys can and do.

I lost $15k to a lady when I first moved to KC. That will never happen again. Ever.

here's where the theory hits the street, I suppose. My understanding is that the mechanics lien attaches whatever you built or improved upon. But there's no protection for all the lost hours spent, huh.

Originally Posted by Literature

here's where the theory hits the books, I suppose. My understanding is that the mechanics lien attaches whatever you built or improved upon. But there's no protection for all the lost hours spent, huh.

Mechanics liens are awesome for new construction. Because the title can't be transferred without the lien being paid. They're worthless for an existing home because you're out the materials and labor you put in plus the filing costs of renewing the lien. My mistake was working on a rental for a lady that won't transfer title until she dies. There's no way I'm throwing $50 a year at that for 40 years until she's dead. I'm already out $15k. Live and learn. I learned.