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Re: buying a house.
dakkon #371959 04/02/12 09:56 PM
Joined: Feb 2007
Posts: 602
H
aficionado
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aficionado
H
Joined: Feb 2007
Posts: 602
Having the builder "own" it until it's built is the safest approach. This way, if he ends up *not* paying his supplier, the suppliers cannot put a mechanical lien on your house. I've heard more than once from people who found out that they had a mechanical lien because the builder did not pay his bill, and it's the home owners problem because the "build" was done under the ownership of the home owner.

As to not letting people in, you have to remember that US is the most litigious country in the world. So I imagine fear of lawsuit is the single driving force. Just like most mechanics will not let you wander around the garage while they work on your car.


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Re: buying a house.
dakkon #372017 04/03/12 03:34 PM
Joined: Oct 2006
Posts: 6,955
axiomite
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axiomite
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Posts: 6,955
Those are good points, although I wasn't trying to say which system was better. I was just commenting on the differences in the two cultures, as I found it interesting.


With great power comes Awesome irresponsibility.
Re: buying a house.
dakkon #372063 04/04/12 02:57 AM
Joined: Dec 2003
Posts: 10,420
J
shareholder in the making
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shareholder in the making
J
Joined: Dec 2003
Posts: 10,420
If I was the general contractor then I would be in control of it all as you say Murph and this all would have been a non-issue, but we bought through a builder here and they claimed this approach was for our safety and in reality for their insurance/liabilty. It really wasn't a big deal to go to the sales office and ask for someone to take us through, they were really good about it.


Jason
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