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re: Lawyers of the OT. Real estate question…
Posted on 5/22/25 at 7:05 pm to SixthAndBarone
Posted on 5/22/25 at 7:05 pm to SixthAndBarone
quote:
Should be able to get a small amount from the builder,
Oh man, "builders" know how to play the game. Even if its a somewhat reputable builder they will have a shell out front to take the lick.
0
Posted on 5/22/25 at 7:07 pm to Webbbster
200 lots, 20pct filled @ 2yrs. The lot absorption rate doesn’t look good. Be ready for the restrictions to change.
Posted on 5/22/25 at 7:58 pm to StrikeIndicator
quote:yep
The lot absorption rate doesn’t look good. Be ready for the restrictions to change.
Posted on 5/22/25 at 8:39 pm to boosiebadazz
quote:that just goes without saying.
Stand in the window and beat off every day they try to show it to sell it.
Have you considered asking for amenities in compensation before going all legal on him?
Assuming you don't already have them sounds like a privacy fence and rear deck would top the list. If it was older a new HVAC.
Just spitballing... something that may add market value to the home AND serve a personal fulfillment at the same time.
This post was edited on 5/22/25 at 8:44 pm
Posted on 5/22/25 at 8:59 pm to Webbbster
Go into the site and start pouring cement mix into open pipes. If anyone confronts you pull a gun out and start waving it around so they know you mean business
Posted on 5/22/25 at 9:15 pm to Webbbster
You kinda knew what you were getting if you’re buying in a neighbors with such a few number of house plans. In essence, the builder just made a pinky swear you asked him to make and he was never going to honor. And you won’t be able to quantify damages because you won’t be able to prove it hurt your property value. Too many other factors go into home values. Suing him would be a waste of money.
Posted on 5/23/25 at 5:19 am to Webbbster
quote:
What would you do in my situation?
Sue or file arbitration claim. Settle. Profit.
But I’m a RE lawyer. Not sure I’d pay one for this. Do it on your own and ??? maybe profit. As long as there’s no counterclaim you don’t have much to lose. Go for it.
Posted on 5/23/25 at 5:29 am to McLemore
Like the other guy asked, when you say you have it in writing, is that via email or an actual contract?
Posted on 5/23/25 at 5:35 am to LSU1018
quote:
Like the other guy asked, when you say you have it in writing, is that via email or an actual contract?
I wouldn’t really care. But I would like to know the timing and more context. I’m sure the contract has merger/entire agreement/modification/amendment clauses. But if I had a solid email exchange clearly spelling out this promise I’d go for it.
ETA: this is what I would do as a homeowner. This is not to be construed as legal advice. Please ignore me.
This post was edited on 5/23/25 at 5:36 am
Posted on 5/23/25 at 5:42 am to Webbbster
It’s easier to plan the burglary if you know the floor plan.
Posted on 5/23/25 at 6:15 am to Webbbster
You should stand in the window and crank the hog. It’s the only reasonable solution.
Posted on 5/23/25 at 6:19 am to Webbbster
quote:
No
Seems like the only thing you’re owed then is exactly what you received “Sorry”
Posted on 5/23/25 at 6:28 am to Webbbster
quote:
Webbbster
They gave you an "assurance" with no negative impact if not followed.
As an Esquire, my free advice is to understand that people lie. That piece of paper has zero value, and your only recourse is to sell the house.
Next time you want to put anything in writing with a contractor, get some advice from an attorney or even just anyone that has dealt with contracts before.
I'm still at a loss at trying to understand what you thought this written piece of paper would accomplish.
Posted on 5/23/25 at 6:58 am to Rouge
quote:
I'm still at a loss at trying to understand what you thought this written piece of paper would accomplish.
It created a duty, which they breached. OP’s problem is that, without a stipulated damages clause, he’s going to have to show damage, which is going to be functionally impossible.
Posted on 5/23/25 at 7:02 am to MarsellusWallace
quote:
Shouldn't have bought in a cookie cutter neighborhood. That's on you hoss.
No, it's not on him for buying in a cookie cutter neighborhood.
Problem is 90% of neighborhoods being built are cookie cutter neighborhoods. Some very nice cookie cutter neighborhoods out there.
I call them people farms. Not a whole lot of land available to buy around me that isn't part of a neighborhood.
This post was edited on 5/23/25 at 8:36 am
Posted on 5/23/25 at 7:06 am to Webbbster
Your premise of an absolute adverse affect on estimated market value is likely incorrect. What if your particular elevation and layout become a hit in six months? It may be more sought after than other designs across the street from you (thus, increased demand). Don't be offended. Move on.
(P. S. i am a certified real estate appraiser with over thirty years of experience) The duplicate elevation design should be the least of your worries in today's construction world which relies on migrant labor.
(P. S. i am a certified real estate appraiser with over thirty years of experience) The duplicate elevation design should be the least of your worries in today's construction world which relies on migrant labor.
Posted on 5/23/25 at 7:19 am to I20goon
That sounds reasonable.
To OP:
I wish when I signed a contract and decided to blow it off, I could just say "sorry". That's not the way we do things...
Your "builder" has very little integrity.
Depending on what you both signed, and whether or not you had a competent attorney draw it up, you may have some recourse.
Either way, you need attorney if you want to do anything.
I can definitely see a potential loss having 2 identical houses next to each other.
To OP:
I wish when I signed a contract and decided to blow it off, I could just say "sorry". That's not the way we do things...
Your "builder" has very little integrity.
Depending on what you both signed, and whether or not you had a competent attorney draw it up, you may have some recourse.
Either way, you need attorney if you want to do anything.
I can definitely see a potential loss having 2 identical houses next to each other.
Posted on 5/23/25 at 7:39 am to Webbbster
quote:
The potential neighbors are the ones who picked the lot and the floorplan and now the same builder is building it for them. It’s 50%+complete.
Setting yourself up for some awkwardness with your new neighbors. If they selected the same plan and next door, know you are making it public your issue, I can’t imagine that to be a comfortable situation in years to come.
You knew there would be same plan in the hood, maybe it’s the most popular and when time to sell it will be more valuable based on that.
Posted on 5/23/25 at 7:44 am to Webbbster
Line up some seashells in the front yard spelling out "86" and their address.
Posted on 5/23/25 at 8:36 am to N2cars
quote:
I wish when I signed a contract and decided to blow it off, I could just say "sorry". That's not the way we do things...
Your "builder" has very little integrity.
We don't know that he actually has a contract for this issue in question. He supposedly has an email from the builder saying he wouldn't put a house with the same floorplan within two lots. That's all the info he has given. I don't think what he has would hold up as a contract if that's all it is.
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