New home builders like to close as soon as possible. That’s when they get paid. As the closing date nears, chances are they’ve drawn as much as their lender will allow prior to closing. Most builders make periodic draws from their lender based upon construction progress. Once a final occupancy permit [...]
Entries Tagged as 'Repairs'
Today’s dangers of closing while repairs are outstanding or there’s a dispute with the builder.
August 29th, 2007 by Lee Mason, The Masters Realty Group LLC ;
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Tags: Buyers · Home inspection · New Homes · Repairs