Is there a possibility that I won’t receive enough money
to cover the costs of repairing my home? What happens if there
aren’t enough funds to cover the required repairs?
If my neighbor’s home is also involved in the lawsuit,
and my home has more defects, will I receive a larger settlement?
Will I be able to sell or refinance my home while it is involved
in a lawsuit?
Will I be liable for any costs or fees if I lose the case? Homeowners ordered to pay almost half of a million dollars in construction defect trial http://www.bdcnetwork.com/article/CA6354435.html
Who will pay for expert fees, testing costs, and expert witnesses?
What is a reasonable estimate or range of those fees and costs?
What are the specifics of the lawyer’s fee?
How much will the lawyer be paid, and how is that fee calculated?
Will a non-monetary remedy require payment of a fee to the
lawyer?
Legal Implications
When I sell my home, will I be required to disclose:
That I was involved in a lawsuit?
Whether there was enough money to repair all of the alleged
defects?
Whether the defects were actually repaired?
What happens if I don’t disclose the lawsuit or all of
the defects? Can I be sued for fraud?
Will the price of my home be affected by the lawsuit?
Who determines the defects on my house (often called the statement
of damages)? Do I get to decide? What if I disagree with the list
of defects or my house doesn’t have all the defects listed?
Can I remove any defects from the list before the lawsuit is filed?
What alternatives are available to me to remedy the deficiencies
before litigation?
Will this affect my ability to refinance my home? Will I be
obligated to disclose this lawsuit if I wish to refinance my home?
Will I be obligated to disclose the alleged claims of defect
to my homeowners insurance carrier?
