Should consumer warnings be included in all advertising and sales material shoveled by the corporate/public new house building industry in the interest of full disclosure? Or, are these warnings already included in the documents that new house buyers are compelled to sign after committing to the purchase?
"Warning: This transaction MAY be hazardous, and devastating to your physical, financial, and mental health."
"The agreements you sign, although within the parameters of the law, may produce results the spirit of which verge on the larcenous."
Far fetched? Unnecessary? The nature of the beast?
Do not let the largest investment of your family's life become a financial and emotional nightmare. How much are you willing to risk? Financial security in your retirement? Your kids' college education?
IN MY OPINION, THERE IS NOT A LEGAL PRODUCT AVAILABLE IN THE MARKETPLACE TODAY THAT CARRIES THE DEGREE OF POTENTIAL FINANACIAL AND EMOTIONAL RISK FOR THE PURCHASER AS DOES THAT OF A NEW HOUSE.
Visit Homeowners Against Deficient Dwellings, HADD.com, HOBB.org, Homeowners For Better Building, WESH.com, Building Houses: Building Problems, Consumer Reports' research study: Housewrecked--link available at the HADD web site, 10 Things Your House Builder Won't Tell You, www.smartmoney.com/consumer/index.cfm?story=tenthings-jan00, How To Prevent A New House Nightmare, www.lakesidepress.com/dreams/section4.html, Shoddy Building in the Housing Boom? Business Week April 25, 2003, www.businessweek.com/bwdaily/dnflash/apr2003/nf20030425_1874_db035.htm, ourrylandhomes.com(use google.com for this one: our ryland homes), paltryhomes.com, jdpowers.com, drhortonlemonhome.com, home.att.net/~pulte/usefullinks.html, badbusinessbureau.com/reports/ripoff1371.htm, mybadhouse.com/pages/1/index.htm, Home sweet crooked house, money.cnn.com/2004/06/09/real_estate/buying_selling/homedefects/index.htm, www.bankrate.com/brm/news/real-estate/BuyerGuide2004/fthb-blog-archive.asp#crack, and ANY search engine (your builder's name, lawsuits, defects, complaints, etc.), to examine the 'ISOLATED','ANECDOTAL' nature of this issue, and to gain insight into the business practices of the corporate/public new house building industry and to protect your financial and emotional interests. Reading the court cases available on-line is a good idea, too.
Your due diligence is only effective BEFORE the fact. I wish you well. Read more: