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Having worked 20 years for other renovating contractors in San Diego, I learned a few things besides how to waterproof a shower properly or set up a room addition. I learned first hand that there are bad contractors out there lying and seeking to take advantage of you, the borrower.
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Often time this seam is along with loose soil, rocks and concrete remains. If this debris isn't washed away before the mastic is sprayed to your walls there's no way the mastic can adhere on the seam and protect your own house from moisture and gases at the footing and wall joint. So make sure your custom home builder automatically cleans away this debris before water proofing your foundation walls.