YES!!!!!!!!!
Ok, this is an extreme story but a friend built a beautiful new house that at the time was about a $650,000 house (I saw that it is now for sale for $1.2 million). About a month after they moved in the windows on the back of the house wouldn't open, there were BIG cracks in the stucco, basically the back of the house was falling off the front. After many, many "discussions" with the builder they finally had an engineer come out and inspect the house. They had over 30 code violations, one being they ran the electrical wires through the HEAT DUCTS, not in the walls (my friend was moving in from out of state and wasn't there during most of the construction process). It turns out that the county inspector was getting kick backs from some of the builders to "pass" houses built on the cheep. They were also supposed to have 18" footings and had 2" footings and that is why the back of the house was falling off. This was a MAJOR court battle for our friends that took 5 years to resolve. Get an inspection by someone YOU hire.