2 Hrs
Source:
الاقتصادية
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Bank inspections don’t ensure home quality
Engineer Mishari Al-Rashed emphasizes that bank inspections of homes before purchase do not guarantee their quality, citing cases where dwellings were ordered to be vacated by Civil Defense just four months after occupancy due to structural deterioration. He stresses the importance of reviewing the contractor's documents, the developer's reputation, and the insurance company. Additionally, he highlights the necessity of testing the soil type before purchasing land at a cost not exceeding 2,000 riyals, to avoid high excavation expenses and significant losses later on. He also confirms that modern construction techniques, although costly, reduce mistakes in the long run and provide high quality. However, they may lead to financial losses for individuals building private homes, while being more beneficial for large companies involved in housing projects.
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