Buyer to builder: no inspection, no deal

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

DEAR BARRY: We are buying a brand-new home. When we asked about scheduling a home inspection, the builder said, "We cannot have outside inspectors through the home prior to closing due to liability reasons. You can have the home inspection done post-closing and submit all concerns on your 30-day list." This refusal makes us suspicious of their motives. What do you think we should do? --John DEAR JOHN: Your suspicions are entirely understandable. Refusing to allow a home inspection prior to close is a major red flag. It is not the kind of thing that an honest, reputable contractor or developer would do. The liability excuse, in particular, is preposterous when you consider the number of people who routinely traverse a construction site. Honest builders allow home inspections on site as a matter of course. The time for a home inspection is before the close, when you have some negotiating leverage with the builder. If the builder does not agree, a letter from an att...