Posted by dealmaker on May 09, 2005 at 19:31:33:
Welcome to the wide open spaces of TX law.
Against the builder. I’m pretty sure they’re well out of the picture.
Bank. Right, they were selling as is, where is.
Homeowner’s Insurance? Where the heck would they figure into this?
Disappearing contractors. Why would it matter? Unless your buyer was so stupid as to give any repair person ANY MONEY up front! BTW, there’s no such thing as a LICENSED GENERAL CONTRACTOR in TX. No if you’re talking about a licensed Electricl and HVAC, and you’re in an INCORPORATED AREA, Houston, Bellaire, Sugar Land etc, you might have a prayer, not much of one but maybe.
What kind of problems were so cleverly covered up that a structural engineer couldn’t detect them?
What kind of problems does the property have?
Might have some recourse against the inspector, but the last time I read one of their disclosures I laughed.
Good luck.
dealmaker