Although the specifics of the law vary by state, homeowners generally have specific rights when they sign a contract to have windows replaced in their home. One of the most important is the right of cancellation. This is a lot like the “lemon law” that applies to car sales. Basically, if a window manufacturer or installer comes to your home and convinces you to sign an agreement to have your windows replaced, you have 3 business days to cancel the contract. There can be no penalty or other charge assessed against you for doing this.

The salesperson making the presentation in your home is usually required by law to inform you both verbally and in writing of your right of cancellation. He or she must also provide you with a form to use in case you change your mind. If the salesperson fails to do this, the time period for your right to cancel may be extended.

To actually cancel a contract, you would need to call the company you signed the contract with to notify them of your intent. Then, you would send them the completed cancellation form or letter within the 3 day window. The company is then required to return any signed copies of the contract to you.

Pros and Cons of Cancellation

It isn’t uncommon for a homeowner to get “cold feet” about a home improvement project as extensive as window replacement. If the monthly payments are truly outside your ability to pay, it may be best to wait until your budget isn’t so tight. That way, you won’t fall behind and damage your credit history.

However, bear in mind that high-quality replacement windows can add over $10,000 to the value of a home. Plus, energy efficient windows begin delivering utility savings immediately upon installation. This can offset some of the cost of payments on an installment plan. They also make the home more attractive from the outside and more comfortable on the inside. You miss out on all these benefits when you cancel a contract to have your windows replaced.

Related posts:

1. 2010 Federal Tax Credit for Replacement Windows
2. Window Replacement – Shopper Considerations 2
3. Let some light in – Replacement Bay Windows
4. Window Pane Replacement Tips
5. Window Replacement Materials

Tags: windows

This entry was posted on Wednesday, April 28th, 2010 at 5:29 am and is filed under Replacement Windows. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.