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This was my first reaction as well. If you're having a house built you have to prove you can get a loan before they start construction. Then you have to go th
by diek 12y ago
This was my first reaction as well. If you're having a house built you have to prove you can get a loan before they start construction. Then you have to go through the closing process on the house before the builder will let you move in. No builder that I'm aware of is going to give you the keys to your new house without going through closing with a title company. Something does not add up in the story.
- kbenson 12y agoThe impression I got from his statement regarding prior owners is that the "builder" was not building them a house, but build a small development or single home to then be sold. Often a general contractor will get a loan for a plot of land and construction and develop it into 1-4 homes for sale.