<<The new house buyer is getting less than what was bargained for, and less than what was paid for.>>
cy..., writes:<<Unfortunatley the buyer is getting exactly what they pay for....a mass produced shoddy job from a public builder...they go hand in hand. This is how they can offer a product for $30K-$100K less than the custom builder down the street.>>
A feeble rationalization which I would expect a representative of the corporate/public new house building industry to pose. I for one, do not accept this explanation. Is this aspect of the corporate/public new house builder product line dislosed by any of their promotional material, sales representatives, model homes, etc? If what you say is true, it appears that the public is being hoodwinked, and deceived in their perception and understanding that they will get what they paid for when they purchase a new house from a corporate/public new house builder.
<<The warranties these builders offer are a joke and if the prospective home buyers would actually read the policy, they would realize they really have nothing.>>
If this is true, why do you suppose I view this as misleading, deceptive, and possibly fraudulent misrepresentation? Just a lay view.
IN MY OPINION, WHICH IS BASED ON MY EXPERIENCE, THERE IS NOT A LEGAL PRODUCT AVAILABLE IN THE MARKETPLACE TODAY WHICH CARRIES THE DEGREE OF POTENTIAL FINANCIAL AND EMOTIONAL RISK FOR THE PURCHASER AS DOES THAT OF A NEW HOUSE.
wi..., writes:<<If what you say is true, it appears that the public is being hoodwinked, and deceived in their perception and understanding that they will get what they paid for when they purchase a new house from a corporate/public new house builder. >>
You are correct in your analysis of what I am saying, though I probably wouldn't use the word hoodwinked. I have been in the home building business for 30 years and you do get what you pay for. I am a small builder completing only 1-2 houses a year. I am on the job daily paying attention to every detail during construction. I cannot compete with a public builder in price, and they cannot compete with me in quality. Joe Blow off the street wants the best price possible, and that's what he gets....underpaid subs doing sub-par work. I have seen these large builders homes and it is truly disgusting the things I see. How they can get away with it and still have buyers is beyond me. The public needs to educate themselves before buying a home...but, they never have and they never will. Where I live, builders(including myself) buy these 2-10 warranties. These are truly a joke if you have ever read one, but for some reason they give people a warm fuzzy feeling(obviously because they have never read one.)