This is an old question but a great one too. Please be careful reading any of these answers, only a liscenced attorney can give legal advice in the state of Texas. If you sign a contract to purchase a home in Texas you have signed a legally binding document and depending on the language of the contract that is used, yes you can be sued. Builders do often avoid this.
If you have misgivings or concerns with a builder or the process of buildng a home the first step you should take is to contact the builder right away to see if things can be worked out, most often they can. If you are using a REALTOR (great idea, by the way) contact your REALTOR and ask them to help! Talk about what is causing these feelings and try to find out "if" you can work through them. Importantly, make certain that everything is in writing, this is the number one area that people get into trouble.
This question was written in 2008 and many people were nervous about moving forward at that time. I sold new homes for almost 15 years before becoming a REALTOR, and I can say many people go through times of doubt during the process of building a home no matter what the economy is. The key to working through it is talking with family, friends, and professionals. Seek out answers to your questions and don't let doubt stand in the way of your dreams.... more
Part of the fastest growing cities in the nation. Lots of new buyers....lots of new houses....demographics cause change.
The good news is lots of good prices. Buy right.
Kim, I am curious what you did about the home in The Resort. I am a REALTOR and I purchased a foreclosed home in the Resort and moved in the 1st of June. I absolutely love living here. The people are wonderful, the community is well maintained. There are currently 9 new homes under construction and some spec homes being planned.
The foreclosures did lower prices in the community but those have now lessened and prices should begin to climb again. If you want a home in a community you will be proud to live in check it out if you didn't buy last month.... more
Your mortgage broker will review these figures with you. It may also include your insurance, PMI, ? Ask the broker for a total break out. Contact Tarrant county tax office for their statement for approx. annual tax on property.
http://www.lynn911.com http://www.homes-for-sale-dallas.com... more