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Updated about 1 year ago on . Most recent reply

User Stats

4
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3
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Tyler Luraas
  • Sarasota, FL
3
Votes |
4
Posts

New build purchase Buy or Backout?

Tyler Luraas
  • Sarasota, FL
Posted

My wife and I are under contract for two town homes in Florida. We were offered 5.9% financing through Lennar for an investment loan. I decided to get an inspection on both properties pre drywall and my inspector found several issues from warped roof trusses, all steps un-level, damaged metal wall framing, un-level flooring and un-level concrete flooring. I told Lennar I want these issues rectified before drywall is hung so I can see they have been taken care of. 24 hours later I sent the I inspection report to the construction manager and sales team. They replied saying that the drywall has been hung and pre inspection before closing is in 3 weeks. I told them I wanted proof they have fixed these issues but will not provide any paperwork or sign any documents stating so. I told the sales manager my frustration and he said he would give me my deposit back. Would you back out of this deal? Or would you continue moving forward with this deal? I feel as though Lennar believes they can sell these units regardless if I back out and they don’t care what my inspection reports found. How would you handle this? 

Thanks 

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