http://repupil.com/posts/119 Things your agent will never tell you. Thu, 20 Nov 2008 13:13:50 +0000 http://wordpress.org/?v=2.1.1 http://repupil.com/posts/119#comment-6878 Dan Hunt Mon, 06 Aug 2007 21:48:03 +0000 http://repupil.com/posts/119#comment-6878 Here's item #6. Even though it is new construction make sure that the quality of the construction is thoroughly checked. If the building is not built or has not been finished, find someone to regularly check it out while it is being built. At the point that the house is complete and you are ready to buy, have it inspected again and make sure that everything is working properly. The plus to using a licensed inspector is that they should have an insurance policy that covers them for Errors and Omissions. Make sure they have it! The minus to a licensed inspector is that it is unlikely that they will catch everything that could possibly be wrong. Here’s item #6. Even though it is new construction make sure that the quality of the construction is thoroughly checked. If the building is not built or has not been finished, find someone to regularly check it out while it is being built. At the point that the house is complete and you are ready to buy, have it inspected again and make sure that everything is working properly. The plus to using a licensed inspector is that they should have an insurance policy that covers them for Errors and Omissions. Make sure they have it! The minus to a licensed inspector is that it is unlikely that they will catch everything that could possibly be wrong.

]]> http://repupil.com/posts/119#comment-6927 admin Tue, 07 Aug 2007 17:35:04 +0000 http://repupil.com/posts/119#comment-6927 Good point Dan, one issue I've heard about time and again is that of construction companies "cheaping" out on materials, particularly to buyers who don't have a contract guaranteeing a certain quality of workmanship. Good point Dan, one issue I’ve heard about time and again is that of construction companies “cheaping” out on materials, particularly to buyers who don’t have a contract guaranteeing a certain quality of workmanship.

]]> http://repupil.com/posts/119#comment-7536 Dan Hunt Fri, 17 Aug 2007 02:14:27 +0000 http://repupil.com/posts/119#comment-7536 I've been doing some web surfing and have been appalled at the number of people having construction defects on their new homes. Although one would think that a warranty would be helpful, it sure didn't help those people very much. I would still want anyone to have a warranty and to check out existing homes by the builder they've chosen. It seems that part of the problem is that binding arbitration is called for in the contracts and it leaves the builder with the upper hand. I read that some bills have been filed in the U.S. Congress that says that you can't sign a binding arbitration agreement prior to knowing that there is a problem. That's for any consumer issue, whether it is housing, credit cards or whatever. I’ve been doing some web surfing and have been appalled at the number of people having construction defects on their new homes. Although one would think that a warranty would be helpful, it sure didn’t help those people very much. I would still want anyone to have a warranty and to check out existing homes by the builder they’ve chosen. It seems that part of the problem is that binding arbitration is called for in the contracts and it leaves the builder with the upper hand. I read that some bills have been filed in the U.S. Congress that says that you can’t sign a binding arbitration agreement prior to knowing that there is a problem. That’s for any consumer issue, whether it is housing, credit cards or whatever.

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