We have begun building a house, we have the plans, the lot and the builder. No ground broken yet. We signed the contract with the builder. When securing the financing, we were told that the builder has several liens and they will not finance us if we use him. Based on the title search, they said no bank would give us money if he is involve. Could he win if he sues for breach of contract? Can we legally back out of this contract in light of these circumstances? [more inside]
posted by bodgy on Jun 9, 2011 - 19 answers

What responsibility does a mortgage company have for the approval they granted to a builder (before paying the builder) on a house that is now an utter disaster? [more inside]
posted by zenpop on May 8, 2011 - 11 answers

I am building a house...when do I sell mine? Who do I even ask? [more inside]
posted by arniec on Mar 23, 2011 - 5 answers

Mortgage Expert Needed: How do I take advantage of these low low mortgage rates BEFORE I gain building approval. [more inside]
posted by Thrillhouse on Dec 22, 2008 - 3 answers