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Old 04-22-2008, 11:04 AM
 
219 posts, read 690,275 times
Reputation: 64
Default New House closing

We are finally getting ready to close on our new construction house in NC. There are several issues that the builder refuses to fix. If we go to closing with these issues not corrected, what are our rights?

What can be done about these items?


Do we lose the right to get him to fix them if we close?

Thanks

Melissa
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Old 04-22-2008, 01:13 PM
 
Location: Raleigh, NC
998 posts, read 3,399,420 times
Reputation: 600
Whose contract did you sign? The builders or the NC Association of Realtors standard contract? Is it a custom builder or a volume builder like Centex, Beazer, etc,)? Normally closing constitutes acceptance of the home in its current condition. Builders are supposed to fix things after closing IF in writing and agreed upon. However, I tell my folks that there is always a possiblity that once they get their money, you'll be last on their priority. Most builders are pretty good as they don't want to get a bad reputation, but there are always exceptions. If it is small things, its one thing.. but if it is something large or something that you don't agree with, then I wouldn't close on it. I know some feel very pressured due to possible interest rate changing if they don't close by a certain date, but I wouldn't risk closing until I was satisfied.
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