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Originally Posted by livsea2
Just keep in mind the developer isn't the builder. The builder could fire a contractor and not pay him, it could be for faulty work or any number of reasons. That contractor could place a lien on the property. I've seen it happen. Just because it is a new home doesn't mean there is clear title.  |
It is my understanding that the builders are employed by the developer and not independent sub contractors. I got that impression when the builder who acts as a project manager walked through our home after closing.