Then, they blamed labor unions. Now, litigation is the demon du jour . Legislators should work to protect homeowners, not limit wronged homeowners options for getting their homes repaired. A home is most family s largest investment. They can t sell because they must disclose the defects, and, thus, would lose a substantial portion of their investment.
Banks are reluctant to loan money for repairs because of the home s decreased value.
And, of course, most families simply can t walk away from their investment and start over. Filing a lawsuit is many families last recourse to force the builder to repair their homes. Only unresponsive builders get sued. No homeowner buys a new home expecting to end up in a lawsuit. Homeowners dealing with construction defects first contact the builder or contractor repeatedly over many months or years before resorting to the aid of a lawyer.