What is the name of your state? CA
I bought a house almost 4 years ago - new construction. Nice house. Nice neighborhood. It even came with a 1-year warranty.
A law firm sent a letter several months ago soliciting clients for a lawsuit against the builder for "serious construction defects". It was one of those "let's gang up on the big company and sue them for whatever we can and let the lawyers make a bunch of money" dealies. It is not a class action.
A few weeks later I received a letter from the builder that said: "We're a substantial company, we stand behind our work. If you have any problems, we will take care of you, just let us know."
I don't have any problems with the house that I am aware of. I think what this law firm is doing is horrible and is one of the reasons housing and insurance are so expensive in the first place. I think the builder has been very good to us and is going above and beyond by offering to fix problems with the house even though the warranty expired more than 2 years ago.
Yesterday I received another solicitation from the law firm claiming that 66 of my neighbors have joined the lawsuit, that this firm has collected over $10M in the last two years from construction companies, and that we can get a "free home inspection" to see if we have anything we can sue about.
I'm sure a bunch more of my neighbors will join in after reading this last letter. I haven't talked to anyone who has joined -- my immediate neighbors haven't done anything . . . yet.
I think this whole thing stinks. They'll end up settling for some amount, the lawyers will get 40% plus "costs", my neighbors will receive a few bucks, and the ethical people like me get nothing.
So here's the question: am I out of my gourd? Is this just the American way? Do 66 other families know something I don't?
I bought a house almost 4 years ago - new construction. Nice house. Nice neighborhood. It even came with a 1-year warranty.
A law firm sent a letter several months ago soliciting clients for a lawsuit against the builder for "serious construction defects". It was one of those "let's gang up on the big company and sue them for whatever we can and let the lawyers make a bunch of money" dealies. It is not a class action.
A few weeks later I received a letter from the builder that said: "We're a substantial company, we stand behind our work. If you have any problems, we will take care of you, just let us know."
I don't have any problems with the house that I am aware of. I think what this law firm is doing is horrible and is one of the reasons housing and insurance are so expensive in the first place. I think the builder has been very good to us and is going above and beyond by offering to fix problems with the house even though the warranty expired more than 2 years ago.
Yesterday I received another solicitation from the law firm claiming that 66 of my neighbors have joined the lawsuit, that this firm has collected over $10M in the last two years from construction companies, and that we can get a "free home inspection" to see if we have anything we can sue about.
I'm sure a bunch more of my neighbors will join in after reading this last letter. I haven't talked to anyone who has joined -- my immediate neighbors haven't done anything . . . yet.
I think this whole thing stinks. They'll end up settling for some amount, the lawyers will get 40% plus "costs", my neighbors will receive a few bucks, and the ethical people like me get nothing.
So here's the question: am I out of my gourd? Is this just the American way? Do 66 other families know something I don't?