Can you imagine buying a $1 million home, only to discover that it requires tens of thousands of dollars worth of termite control treatments? Home sellers are required by law to disclose defects related to the properties they sell. Failing to do so could leave the home seller liable for the cost of repairs later incurred by the purchases of the property.
When builders are creating a new-construction residence, they often sign contracts ahead of time with prospective buyers. However, these contracts are not always for the benefit of the buyer. They're usually drafted for the benefit of the builder. You'll therefore want to avoid agreeing to an in-house builder agreement at all cost. Instead, you may want to create your own home purchase contract.
A mechanic's lien usually applies to real estate construction projects, and they rarely have to do with an actual mechanic. These liens are placed on the value of a Colorado property, when the property owner fails to pay a contractor for specific work that was completed.
Construction managers and construction companies are never perfect. In fact, even those most beautifully-built and expensive luxury Denver homes will have their flaws when we look closely enough. In most cases, those flaws just come with the territory, they're not structurally problematic and only the most detail-oriented person will take note. In other cases, the flaws can represent serious dangers and the threat of health problems to the people who inhabit the homes they affect -- like toxic mold, for example