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re: In Landmark decision, Jury Finds Realtors Conspired to inflate Commissions|$1.8 B verdict

Posted on 11/1/23 at 10:46 am to
Posted by Neauxla_Tiger
Member since Feb 2015
1889 posts
Posted on 11/1/23 at 10:46 am to
quote:

I'm not here to debate every instance that it's worthwhile


I'll take this as a concession.

quote:

I'm saying its fricking retarded to charge and then make me take out my own policy to protect myself. Who the frick else does that?


You buy new construction, but still have to buy homeowner's and flood insurance. Why can't the contractor just guarantee that the house was built well enough to withstand those things?

And before you say, "Because the contractor can't stop a natural disaster," please recall my point that the attorney can't stop fraud that happens post-closing (nor fraud that happens pre-closing, of which I gave examples).

Posted by billjamin
Houston
Member since Jun 2019
12877 posts
Posted on 11/1/23 at 10:53 am to
quote:

You buy new construction, but still have to buy homeowner's and flood insurance. Why can't the contractor just guarantee that the house was built well enough to withstand those things?

You don't have to buy homeowners or flood insurance. Mortgage companies force that to protect their investment (its a way they de-risk their securitizations). The title company thats forcing the title insurance on me has no investment to protect in my home.
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