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Old 02-06-2008, 02:11 PM
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singhsa3 has a reputation beyond repute singhsa3 has a reputation beyond repute singhsa3 has a reputation beyond repute singhsa3 has a reputation beyond repute singhsa3 has a reputation beyond repute singhsa3 has a reputation beyond repute singhsa3 has a reputation beyond repute singhsa3 has a reputation beyond repute singhsa3 has a reputation beyond repute singhsa3 has a reputation beyond repute singhsa3 has a reputation beyond repute
Default Thinking of buying house in CA, Beware of Mechanics law

Strange but its true.. Height of stupidity. Read the story below:

http://webtracy.blogspot.com/2008/02...ef=patrick.net
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  #2 (permalink)  
Old 02-06-2008, 03:05 PM
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Default Yes

Quote:
Originally Posted by singhsa3 View Post
Strange but its true.. Height of stupidity. Read the story below:

http://webtracy.blogspot.com/2008/02...ef=patrick.net
As a home buyer or even as an owner you should be aware of this. But I am a bit puzzled by this story. Usually the title insurance that you get at the time of buying home is supposed to cover any such issues. In this case may be they did not get title insurance or their title insurance didn't cover enough amount.

Also as a home owner, if you get some work/improvements done at your home by a contractor make sure you get a signed declaration from him every time you pay him. The declaration should say that he has paid all his workers their dues and that he will be responsible for any payment disputes arising later if any.
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  #3 (permalink)  
Old 02-06-2008, 03:53 PM
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Default Thats very TRUE!

Well, I work for a home builder. Mechanics liens have become very common these days. Please make sure that you have an attorney who can really go through all the paper work. Its very important in such a very volatile home building industry. The title company can run a title search or a lien search on the property to make sure that there are no liens on the property at the time of closing.

Be Careful now than sorry later. If they lien your home even the law cannot help you!

All the very best to all the new home buyers!
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