Ask us about the effectiveness of an FHA appraisals in finding defects in a house. Here we have HUD homes that are the direct result of families walking out of defective homes that are turned around on the market and being passed on to the next unsuspecting buyers. These bad houses are flipping around like pancakes!
Each year, hundreds of thousands of unsuspecting homeowners realize their FHA,HUD, VA and city inspected homes are deficient. Whether it is to faulty design, code violations, cracked foundations, moisture problems that can lead to toxic molds, substandard workmanship, and often-unsafe structures. Too trusting, home buyers nationwide are suffering great losses to faulty construction that is being over looked by so called inspectors and appraisers.
"Today's affordable housing is a misnomer, as no middle income family in America today can possibly afford the continual costly repairs and maintenance." As one homeowner in Hollister California put it, " I paid 200,000.00 for a piņata".
No family can rely today on FHA, VA and or city inspections when purchasing a home...sadly most still do. Even more frightening is the recent California Supreme court decision that says builders are not liable for code violations. How frightening for the prospective homebuyer of such negligent inspections to get strapped with a home riddled with code violations and no legal recourse for repairs. HADD?s View Supreme Court Making Homeowners Pay for Builders? Negligence. HADD Members Shocked by California Supreme Court Decision Homebuyers must be very leery of buying homes in California. Although our largest concern is for the safety of the homeowners themselves, the California Supreme Court has no idea how difficult it will be for homeowners to sell newer homes riddled with code violations. We are also concerned about the impact that this court decision might have on disclosure laws that are in place. Many sellers may no longer feel obligated to disclose these violations; after all, they didn't create them, so why should they have to disclose them? Obviously, this court was remiss when considering homeowners? safety and the losses homeowners will suffer disclosing code violations inherited from unscrupulous builders. In my opinion, the California Supreme Court has set back our mission of safe and sound residential construction to third world status. A home whose electrical system is not to code, yet a potential fire hazard is deemed feasible until someone is injured.... Deplorable! Now I have seen it all. Codes that are the lowest in health and safety standards, the law, are not enforceable. The California Supreme Court Justices have single handedly given builders in California license to build unsafe dwellings. Nancy Seats, President, Homeowners Against Deficient Dwellings (HADD) http://www.hadd.com
Thanks Peter for a very great straight shooting story. We need a congressional hearing concerning agencies as HUD , VA and local cities not living up to their responbilities in homeowner safety along with a building Industry that is FAST, CHEAP and OUT of CONTROL!
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