re: Mortgage-Building a new home

quote:

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But you can sue your insured sub contractors who performed faulty workmanship.

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True but they will in turn blame another sub, and you, the general contractor are still left holding the bag.

Example... if the slab cracks you would try and sue the slab company, right? Owner of said slab company will in turn blame whoever did your soil compaction tests and throw it right back at you. And you, the contractor, might not have even known to do a soil compaction test at all. In this scenario, you are still screwed.