We purchased our home, in Florida, is 2005. Our previous home was being bought by the state, and we were given a fair price to move out. We made arrangements with a reputable builder, for a loan that required a twenty percent down payment.
Unknown to us (and the builder), the contracting foreman put the permits under his own company name. He was starting up a business, and we were his first customer.
The lot was an extra cost, and we had several extras added to the house, including additional footage on the house, and a central vacuum system. When the home was almost finished, the contractor told us he was unable to finish the house, and walked off the job.
We contacted the builder, whose name was on all our paperwork, and told him the foreman walked off the job. Because our original house was purchased by the state, we had to move into a new house (with at least the same amount of rooms) within a specified time frame. We now had thirty days to close on the house, or we would loose the down payment, which were the proceeds from our house purchased by the state.
The builder got a crew on the job immediately, and he proceeded to correctly file all the paperwork. We all met with the bank that was financing the home, and tried to finalize the papers.
We told the bank about the lot and the extras put in the house, but they insisted the cost was already included in the loan papers. The rest of what happened was our good fortune and I am sure with the help of the "person upstairs".