Used Dump Trailer

June 4, 2011

Real Estate – Are there any laws in place when a home builder charges a premium for a home lot(& it's not)?

I purchased a home pre-construction 2.5 years ago and was charged a hefty premium for my "so-called" premium lot. (It overlooked a park on the property of a VA Hospital). Now that park has turned into a dumping ground for the hospital. Just a few yards from my back door are huge piles of dirt, construction equipment, and tractor trailers. How much was the builder supposed to disclose to me when selling me the lot? Are they required to find out if the view from the lot will remain the same?

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    1. No, they are not. Unless he promised you something specific in writing which is very rare indeed.

      He had no control over future development.

      Comment by norm — June 4, 2011 @ 12:05 am

    2. are you that stupid? how could anyone know that it was going to turn out that way? it is probably only temperary until they finish construction… would a car manufacturer be responsible if the car you bought was in an accident 3 years after you bought it?? get real and grow up,,,,,

      Comment by fuzzykjun — June 4, 2011 @ 12:05 am

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