What is the name of your state (only U.S. law)? MO
Our friends purchased a fully remodeled home from a local builder/contractor.
They closed less than two months ago and the furnace has "blown up". The inspection shows furnace in "good" condition and this has been its first use since moving in. It will cost approximately 10k to replace. Is there an expectancy that the home and its general elements (heating, air, plumbing, roof) be in good working order?
There is only 1k in escrow for the builder to finish some excavating work (he has a repuation for incomplete work) and has not replied to messages left him.
The repair company said that it blew up due to something not being hooked up properly and it being over 20 years old. Wouldn't an inspector have noticed something "not hooked up properly", let alone stated the machine's age in the documents?
Is there any "lemon law" regarding real estate?
Thank you in advance.
Our friends purchased a fully remodeled home from a local builder/contractor.
They closed less than two months ago and the furnace has "blown up". The inspection shows furnace in "good" condition and this has been its first use since moving in. It will cost approximately 10k to replace. Is there an expectancy that the home and its general elements (heating, air, plumbing, roof) be in good working order?
There is only 1k in escrow for the builder to finish some excavating work (he has a repuation for incomplete work) and has not replied to messages left him.
The repair company said that it blew up due to something not being hooked up properly and it being over 20 years old. Wouldn't an inspector have noticed something "not hooked up properly", let alone stated the machine's age in the documents?
Is there any "lemon law" regarding real estate?
Thank you in advance.