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Book Review: Home Remodeling: What You Don’t Know And How It Works by Familia Publishing

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Home Remodeling: What You Don’t Know And How It Works by the Familia Publishing is a rare book which should be owned by every homeowner, coop apartment dweller and really anyone who could plan to have major work done on a property. The book covers just about every conceivable issue that needs to be considered before closing a contract and paying any money.

The book covers may details involved in the design/layout preparation, building permits, cost elements (labor, materials and overhead), subcontractors, project surprises, major disruptions and the dreaded iceberg phenomena.  The iceberg phenomena is basically the twilight zone of ongoing enhancements which never seem to end.

The book provides excellent sources for avoiding headaches by consulting with realtors, Angie’s List and the Better Business Bureau. Even former clients of the contractor can be a huge source of relevant information. Another good idea is to get pictures of the current condition, as well as the planned design.

The book covers the all-important contractor contract which may include work scope, project plans, a required deposit, milestone payments, details on the mechanics liens, contractor licensing and the use of subcontractors.

The mechanics lien is an important area of the Uniform Commercial Code (UCC). In essence, any party who performs major work on your property can file a mechanics lien in the property office. This document essentially puts every future buyer on notice that money is owed to a contractor or subcontractors. The mechanics lien is in place until the contractor is paid in full.

The book documents many areas of the contractor/subcontractor relationship that could go wrong. Potential purchasers of these services need to know about the various pitfalls before taking the plunge to do a major enhancement on a property or portion thereof.

Home Remodeling is an important acquisition which should be in every homeowner’s library. The book is brief and to the point. The cost is very affordable.

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About Dr Joseph S Maresca

I've taught approx. 34 sections of collegiate courses including computer applications, college algebra, collegiate statistics, law, accounting, finance and economics. The experience includes service as a Board Director on the CPA Journal and Editor of the CPA Candidates Inc. Newsletter. In college, I worked as a statistics lab assistant. Manhattan College awarded a BS in an allied area of operations research. The program included courses in calculus, ordinary differential equations, probability, statistical inference, linear algebra , the more advanced operations research, price analysis and econometrics. Membership in the Delta Mu Delta National Honor Society was granted together with the degree. My experience includes both private account and industry. In addition, I've worked extensively in the Examinations Division of the AICPA from time to time. Recently, I passed the Engineering in Training Exam which consisted of 9 hours of examination in chemistry, physics, calculus, differential equations, linear algebra, probability/ statistics, fluids, electronics, materials science/structure of matter, mechanics, statics, thermodynamics, computer science, dynamics and a host of minor subject areas like engineering economics. A very small percentage of engineers actually take and pass the EIT exam. The number has hovered at circa 5%. Several decades ago, I passed the CPA examination and obtained another license in Computer Information Systems Auditing. A CISA must have knowledge in the areas of data center review, systems applications, the operating system of the computer, disaster recovery, contingency planning, developmental systems, the standards which govern facility reviews and a host of other areas. An MBA in Accounting with an Advanced Professional Certificate in Computer Applications/ Information Systems , an Advanced Professional Certificate in Finance and an Advanced Professional Certificate in Organizational Design were earned at New York University-Graduate School of Business (Stern ). In December of 2005, an earned PhD in Accounting was granted by the Ross College. The program entrance requires a previous Masters Degree for admittance together with a host of other criteria. The REGISTRAR of Ross College contact is: Tel . US 202-318-4454 FAX [records for Dr. Joseph S. Maresca Box 646 Bronxville NY 10708-3602] The clinical experience included the teaching of approximately 34 sections of college accounting, economics, statistics, college algebra, law, thesis project coursework and the professional grading of approx. 50,000 CPA examination essays with the American Institute of Certified Public Accountants. Additionally, membership is held in the Sigma Beta Delta International Honor Society chartered in 1994. Significant writings include over 10 copyrights in the name of the author (Joseph S. Maresca) and a patent in the earthquake sciences.