Question/Opinion – Builder “Class Actions”

[Aecetia]

Here’s some more information on construction defect litigation and third parties. Our HOA sued for problems with windows and roofs and we all received about $6,000.00. after several years of litigation. The attorneys made more, but it was worth it for the satisfaction and we were outside of warranties. The interesting situation with our site was that these homes were originally built by one company and then taken over twice by other companies, so there were lots of litigants involved. This was in the 90’s.

http://www.burnhambrown.com/index.cfm?fuseaction=content.contentDetail&id=8756

[Coronita]

I should also add that if your are part of a class action lawsuit (particularly if you're in an attached community with the HOA suing the original builder) it sometimes raises a slight eyebrow for lenders when you're trying to buy into the community or refinance. It happened on our previous attached home in CV where the HOA was sueing the builder for putting the gaslines right next to areas where sprinklers routinely drench the grounds, eventually causing corrosion in the external gas lines. During the lawsuit, we we tried to refinance, we weren't able to get the best rates, citing pending litigation (weird).

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

I should also add that if your are part of a class action lawsuit (particularly if you're in an attached community with the HOA suing the original builder) it sometimes raises a slight eyebrow for lenders when you're trying to buy into the community or refinance. It happened on our previous attached home in CV where the HOA was sueing the builder for putting the gaslines right next to areas where sprinklers routinely drench the grounds, eventually causing corrosion in the external gas lines. During the lawsuit, we we tried to refinance, we weren't able to get the best rates, citing pending litigation (weird).

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

I should also add that if your are part of a class action lawsuit (particularly if you're in an attached community with the HOA suing the original builder) it sometimes raises a slight eyebrow for lenders when you're trying to buy into the community or refinance. It happened on our previous attached home in CV where the HOA was sueing the builder for putting the gaslines right next to areas where sprinklers routinely drench the grounds, eventually causing corrosion in the external gas lines. During the lawsuit, we we tried to refinance, we weren't able to get the best rates, citing pending litigation (weird).

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

I should also add that if your are part of a class action lawsuit (particularly if you're in an attached community with the HOA suing the original builder) it sometimes raises a slight eyebrow for lenders when you're trying to buy into the community or refinance. It happened on our previous attached home in CV where the HOA was sueing the builder for putting the gaslines right next to areas where sprinklers routinely drench the grounds, eventually causing corrosion in the external gas lines. During the lawsuit, we we tried to refinance, we weren't able to get the best rates, citing pending litigation (weird).

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

I should also add that if your are part of a class action lawsuit (particularly if you're in an attached community with the HOA suing the original builder) it sometimes raises a slight eyebrow for lenders when you're trying to buy into the community or refinance. It happened on our previous attached home in CV where the HOA was sueing the builder for putting the gaslines right next to areas where sprinklers routinely drench the grounds, eventually causing corrosion in the external gas lines. During the lawsuit, we we tried to refinance, we weren't able to get the best rates, citing pending litigation (weird).

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Aecetia]

I agree with flu and it could be something that needs to be disclosed. Perhaps SDR can advise on that. I understand that you have to disclose if your house is haunted and/or if someone died there….

[Aecetia]

I agree with flu and it could be something that needs to be disclosed. Perhaps SDR can advise on that. I understand that you have to disclose if your house is haunted and/or if someone died there….

[Aecetia]

I agree with flu and it could be something that needs to be disclosed. Perhaps SDR can advise on that. I understand that you have to disclose if your house is haunted and/or if someone died there….

[Aecetia]

I agree with flu and it could be something that needs to be disclosed. Perhaps SDR can advise on that. I understand that you have to disclose if your house is haunted and/or if someone died there….

[Aecetia]

I agree with flu and it could be something that needs to be disclosed. Perhaps SDR can advise on that. I understand that you have to disclose if your house is haunted and/or if someone died there….

[Author]

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