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Buying a New Home? Here are Five Things Your Builder Won't Tell You
Buying a home is enough of a stress without worrying about whether your builder is being upfront, but-especially in this market-builders may have incentive to keep things from you.

 
During the recession, a lot of builders have gone bankrupt. Remember, if the developer goes belly-up before the development is sold out, you run the risk that the bank will sell a portion of the development to a developer who will put up less expensive homes, cutting your future appreciation and perhaps depreciating your property from the price you paid.
 
Here are five things your builder may be hesitant to disclose:
If I don't sell to you, I might run out of cash. The developer might promise you an amazing deal. But what he won't tell you is the company is short on funds to get the project completed. If the developer has to carry the property for two extra years before selling it, his profit might evaporate. That makes the developer desperate to offer you a great deal (good for you now), but they might have been skimping on everything else (bad for you down the line). You may have trouble financing your property. Before you make your ... more

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