Canceled for convenience: North Texas family loses home after builder backs out without warning
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- เผยแพร่เมื่อ 7 มิ.ย. 2022
- A North Texas family says they have a warning for anyone who's buying a home from a builder. Just days before closing on their forever home, their builder backed out. Turns out the builder's contract they were required to sign left them with virtually no protection.
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*UPDATE* The company folded and sold the Brundages the home at the original price. They also removed any and all "cancel for convenience" language from their contracts. It seems the public outcry actually put their business in jeopardy. GOOD.
Thank you for that update.
Very happy to hear that!
Makes me wonder what kind of shortcuts they took in construction. No ethics.
You just gave me a JOLT of positivity.
Thanks for sharing the update
This is an outrage.
Sounds like the builder used these people to finance the build, only to sell at an increased price to bidding buyers.
Thank you! You are so right.
That exactly what they did. It's a scam !
That’s EXACTLY what they did.👈🏾
Literally. It's shady af.
Even for a new build get a real estate agent or real estate attorney on your side to review the contracts before signing and along the way. Well worth the price.
I did some searching and the family finally got their home. The builder removed “cancel for convenience” from all of the contracts but left ALL of the other crap in there. Still absolute crooks.
Did they get that home? Or get another,?
Working on your dream home for 16 months to have it stolen from you is a blow to the heart, mind, and spirit. I’m at a loss.
There was an update video at the end of 2023 that says the family eventually got the home and all the language about being able to cancel for convenience has been removed from the builder's contracts. FYI for anyone: contracts are not allowed to be so one sided. If one side can cancel for any reason then typically the buyer can also cancel for any reason. Contracts must be balanced or they can be voided.
So the company took their deposit to build a house to flip it. Sounds like a scam.
It's a scam
Exactly!!
It’s not a scam unfortunately it happens more then people know. If they signed contract in 2020 they can’t build for same price in 2022 it’s not right but not illegal.everything is in the contract and to me for the most part protects the builder.
Also if your buying in a subdivision price goes up about every third house built so if you buy last few houses you will pay thousands more then the person who bought at the beginning. Plus all these investments companies are causing a problem in the housing market inflating prices which is going to ruin the market and make it harder for the normal people to buy
@Johnny White Heavily one sided contracts are often invalidated by law.
Exactly what they did. Extremely dirty practice. Immoral and unethical.
Ethics are obviously not a practice for this company. I hope the judge sees right through that contract and awards the family.
Just like Mr lawyer said "he signed the contract ,so he's screwed" and its legal? Because if it were a winnable case he would of taken the case !!like any other rich White neighBrohood OTW are not welcome!
I was just about to say isn't there an "Ethics Law" in Texas?
America is not the same morals and values that i grew up in. People are Volchure's. I hope this company gets screwed.
@@hilove5658 let’s share this on our Social Media pages so no one EVER signs a Contract with them.
Did they execute a clause in the contract they both signed?
Get this in front of a jury and that builder will be nuked out if existence. Binding arbitration clauses should be illegal.
Did u miss the part of the contract that says waive your right to a jury,there won't be a jury bad news for them
@@Truthpatriot62Z no right to have a jury? Not sure that is legally binding. You can write anything you want in a contract, doesn’t make it legally binding.
But how can they have a case if the contract they signed has a clear out, for the builder???
No, those clauses should definitely be enforceable. Read these contracts closely and have an attorney review it. The buyers' hope here will be promissory estoppel and restitution.
@@Truthpatriot62Z That contract was so bad and what the company did was so egregious that it might fall under something like fraudulent inducement or something.
These kind of contracts should be so illegal to write and sign in the first place. I'm shocked this is even something that can even happen at all!
Just get a cheap lawyer to look over the contract before you make life changing choices.
@@generalsalami8875 I agree but it should still be illegal to do. It shouldn't be legal at all anywhere in this country for anything like this to happen.
@MAG E no. We shouldn't arbitrarily restrict peaceful consensual agreements. We all have different levels of risk tolerance. His problem (albeit huge) was his choice that he could've quite easily avoided.
@@generalsalami8875 it wasn't peaceful. It was predatory. We should restrict predatory agreements. It shouldn't have been legal. I hope he wins in court.
@@generalsalami8875 People tolerate risk in the hope of gaining something of value. But it doesn't sound like this family had anything to gain by accepting this risk. It is a gotcha clause
They not only stole your new house, they stole the equity YOU were entitled to. Despicable action by the builder!
There are a lot of comments that as unfair as this situation is, the couple did technically agree to the terms and conditions in the contract... BUT, this point you bring up is great! I hope the couple uses this angle in court!
@@bnorris8166 it doesn't seem the couple was fully aware of just how immoral and one-sided the contract was and probably didn't understand the terms of condition. The contract is so long and involved that pretty much no one ever has the time or knowledge to reads it which is why someone is there to explain in one or two sentences what is on every page that you're signing. They gave a quick and insincere explanation as to what could happen and blew it off as no big deal and nothing to worry about because it's extremely rare. Hopefully the judge will see through the lopsided contract and award the homeowners
They also stole the design. Likely they’ll use the design for other builds.
Read what you sign ?
And the buyer holds no responsibility? If any adult refuses to hire legal representation, like these did, then they get whatever the perps throw at them. Buying property is not like buying a car. Every buyer needs their own realty lawyer. The sellers come up with all kinds of crap when they know you're not lawyered up. Welcome to America. Now go back home! 🖕
Builder knew he was doing that Since the Start..Scammers..
@Mike, Yep I think the company should be investigated to see how many other people they have done this to.
yep
@@paulettebarrow9791 And if the customers they previously burned were from marginalized groups. If this company has a pattern and practice of luring and seducing first-time minority homebuyers then I would imagine it would invoke numerous federal civil rights statutes and they could no longer hide behind the "But judge, it was in the contract they signed!" bs.
I saw your update. Good work Fox 4. You used your platform to help a family in need. What a great reminder that the world is still full of good.
It totally looks like the builder is scamming people. The builder is going to get a bad reputation for doing this to people. The builder is a scammer plain and simple. No respectable builder would do this to a customer. Also any honest judge would throw out that contract because it should be considered illegal because it doesn't protect the customer.
The builder needs to worry about staying alive, forget a reputation. Lol
What makes it even worse is how they were strung along up until the final moments.. This was plain evil
Thats exactly what it is"pure evil."
Traumatizing for each family member
Human greed knows no bounds!
Maybe they should’ve read what they signed. No one forced them to sign. It’s their own. Fault.
@@dcg590 wickedness will always support wickedness.
nobody should do business with Kindred Homes, this is clearly taking advantage. First we had preditorial lenders, now we have preditorial home builders.
Let me include the predators in the licensed remodeling arena. But I pray this couple will get home that Kindred Construction built.
@@katherinemcconico982 if Kindred cared about the dignity of their business, they should give them the home. The media coverage on this has tarnished their reputation.
@@jayg5391 Good!
@@jayg5391 lmao They don’t care at all they will just start over in a new name .
Now we know.. put them on blast 💥 and anyone else that will come and build with them is crazy 😜
Disgraceful! I hope they get a better home for their inconvenience.. much love to them 🙏❤
UPDATE :
From the couple:
"We are happy to have reached a fair resolution and that the Brundage family has moved into their beautiful new home," Kindred Homes said in a statement to FOX 4.
The Brundage family confirmed and shared a picture of their boys with new bikes in their new home on Christmas morning.
"We are thankful for the work, as well as the support of the general public, especially FOX 4 viewers throughout this ordeal. We are relieved to have moved into our new home and are enjoying getting to know our new neighbors," the family said.
WOW, I would say this company should be investigated and see how many other people they have done this to. Man I pray this all works out for this couple, beautiful home.
160 homes under contract lol yeaaa just like this couple was!
They are Thief. Remind me of my pass experience. 😡😡😡
Investigate for what?
For the company to say that the rising cost of material is what caused them to cancel the contract is totally bogus considering they purchased all the material need for the house at the beginning of their contract.
@@SteveBluhm because it's unethical and if there are laws or the Judge sees this as a scam they can lose their license to build homes regardless.
This is why you NEED to have an attorney or anyone who understands legal language to explain what exactly will or can happen in case of anything happening. Makes your blood boil.
Walking around through life with a lawyer by your side is impossible for almost everyone.
That's why they are unaffordable
The majority of contracts with home builders give them the right to cancel the contract for no reason. It’s weird that no politicians have proposed any laws to make changes to how these contracts are drafted. What’s the point of signing a contract if the builder is allowed to cancel just because they feel like it.
Respectfully, If they can afford a $500+ home, I believe a real estate attorney is in order. This is one of the most important purchases you will make in a lifetime.
@@xxxxMonkeyGirlxxxx No democrat will bring this issue up because its not a "Racial issue" the politicians have lawyers on top of lawyers paid for by US so they dont get screwed!!!!
Appalling beyond words. I hope there is justice for this family. Remember the name of this Real Estate developer! ✨
You need to sue so that a judge can see how unfair this contract is. Expose this nonsense.
That's not a home builder, that's a scammer.
Legal scammer...sad
I was going to buy a house from a builder but backed up after reading the contract. I had no way to hold them accountable for anything. Unconscionable.
Not unconscionable, just crappy behavior but you were smart. They weren’t. They signed, it’s their fault
@@dcg590 what this builder did was 100% unconscionable. persuading a family to sell their home so they can put money and months of anticipation into a new one just for it to be taken away from them.. and sold to someone else.
Work with a reputable builder and ensure that you challenge and rewrite the contract. Also, if you can, pay the upfront deposits that lock in a contract with steep penalties for their cancellation - so that you profit if they renege.
Sounds like you don't have a house. The builder won.
Never buy a house that hasn’t been built. Same reason why the Chinese housing market crashed recently.
As wrong as this was, the family should have had the contract reviewed by an attorney before signing for the biggest purchase in their life. That is on them.
A similar thing happened to my wife and I 16 years ago. We signed a contract, paid earnest money - chose our finishes, elevation etc., - About a month later; the builder comes back and says “If you want this elevation- it will cost you an additional $6,000!” Instead of fighting it - I got my money back and we found another home. Which actually worked out better in the long run for many reasons. I’d put money on this that like this couple; we are a black couple and this happens more than we know of.
Always read those contracts to the tiniest details especially when it's something big, like a home or car. Ask to modify the contract to something fair. No deal? Just move on since there's millions of homes and cars for sale with much sweeter deals. Also, if the home is extra cheap from specific builders that could mean a red flag.
Sounds like those home builders were scammers pure and simple. My dad was a home builder in the 60's and 70's and had a great reputation and was highly respected. This company is disgusting. I hope this family gets justice in the end and people looking to having homes built in this area run screaming away from these sleezeballs.
Many of these builders are scammers
Then they aren't home builders.... legally he doesn't have to give then the house or pay them for their work
How did they scam them? They both entered jnto a contract.
@@SteveBluhm you can tell it was a scam in the messages directing them to sell their house. The builders simply added at the end that they were no longer honoring parts of the contact. That was their first attempt to breach the contract at buyers fault. Once that didn’t work, they ended up breaching the contract anyway. They also bought themselves plenty of additional time when those ppl should have been moved in. I’m sure there’s more evidence. The family will probably win the court case but they were certainly scammed out of their dream home 🏡
Was there a virus back then and it raised the cost of supplies? No one cares about your dad...-_-
So the builder used them to get the house built but when it was time to close they check the current market and if it has changed to allow for a greater profit than they give you your money back and take the profits, if the market is still the same or worse they close and take the profits originally predicted. Convenience is what ever allows them the most money. You selling your home tying up your money and your inconvenience does not mean any thing. These builders should never work in Texas again.
Everyone should learn before age 18 never ever sign anything without having a lawyer go over it first.
Everyone should learn before age 18 never ever sign anything without having a lawyer go over it first.
Paul what trust fund you do you come from where you got a lawyer on deck like that at age 18? That’s absurd!
Exactly right.
@@brandonglover9788 what lawyer is going to bankrupt you to review a contract? If you are in a position to build a custom home, you're in good enough shape to afford a few hundred bucks to have a contract reviewed.
It sounds like they need to pay the builder and his family a visit at HIS home and make sure he is physically incapable of ever doing this to anyone again.
If I was under contract with this builder I would be calling a lawyer.
So, they used these people money as a loan without interest.
That's what I think too.
Pretty much.
Bless these poor folks. I hope they are doubly blessed for the troubles
@orion, Amen im in agreement
Laughing to keep from crying
They have a pool in the driest, thirstiest state in the west, a huge obnoxious overhead that needs supporting....grass? who has grass these days? in a dry state? I think they dodged a bullet on this one and just don't know it yet....
NOT!
Amen!
There better be a positive resolution for that family. That is insane they funded the builder.
What a scam
Who signs such an important document without an attorney looking it over? Protect yourself from unscrupulous people and companies!
As I thought more about this situation the judge should rule against the builder because it is absolutely absurd to force someone to sell their existing home only to then cancel the contract. Hopefully somebody within the chambers can see through this because it just isn’t right. Smells awfully fishy to me.
No wealth building for them
Yeah........ that's a SERIOUS red flag for me.
Sure. No trial though, they signed that away. So it's off to arbitration and of course they will win. They also agreed to the settlement already, $500.
All the bases are covered on a civil court level. Contracts are binding. They should have sought legal advice before they signed, and they declined it, and initialed it. They provided labor to the project by selecting the textiles, as well as designing a custom pool. So a labor lein could be sought, except they waived that right as well.
The only thing left is if they can prove something criminal by the builder.
@@fauxque5057 They got royally fcuked!
Nobody forced them to sell their home.
They should be investigated to see how many other potential buyers they’ve done this too? I have a feeling it’s all a scheme in order to stick a homebuyer with the cost of building the actual home. Only to then cancel the contract last minute, after the house and everything is built, to then be able to list it on the market for a substantial amount more. Which is exactly what they did to this poor couple. Something definitely doesn’t seem right with that contract either!
It’s very common for builders to do this.
@Tah BOO true but no one forced them to sign the contract or hire that builder. I think most of these contracts are predatory and that a lot of builder have started doing this to actually gain cheaper construction financing for the house knowing when they do this they can make substantially more by selling on the free market.
You can bet if the house market crashes they will not do this and will force the buy to go through even if the house is now worth less than it cost.
@Tah BOO most is not all. There are ones that don’t. Because someone is lazy and doesn’t want to research that’s their choice
@Tah BOO most is not all, don’t like it buy an already built home or research and find a custom builder with different contracts or try negotiate the terms of the contract.
@Tah BOO you have no idea how played out that song that everyone need to be protected from themselves because they are too stupid to understand and get legal advice on something that will cost them more than they usually make in 10 years.
A fool and his money are soon parted.
The biggest red flag is the builders requiring the previous house to be sold. What business is it of theirs whether they keep their previous house or not. If the new house is paid for that is the end of it.
They get a text message, not even an official email or let alone a call. These are such cowards that know they are scamming
Oh man that "I hate to be the bearer of bad news... we decided to terminate your contract" text is sooooooo angering. I hope they have a razor sharp smart lawyer. I want to see this family get RICH from that crappy no integrity company and may the lawyer get RICH right along with them. I wonder how many people they pull that stunt on?
It's a valid contract. They're not going to win any lawsuit. If there is a criminal aspect to it then that's their only recourse
@@fauxque5057 Thanks for the info. I hope they find a razor sharp lawyer who has a complete dislike for the crappy thing that that no integrity company did to them. The company made them sell their original home and then at the very last minute canceled the contract for THEIR new house and the reason is so that the company can sell the house for more $$$ to someone else?
@@fauxque5057 why is it acceptable for businesses to write contracts like this anyway, forcing the family to sell their previous home. Simply saying it’s in the contract shouldn’t be an excuse. No wonder homeownership is becoming a nightmare in America.
@@fauxque5057 Actually, if there is any “criminal” element (ie, fraud), the contract is wholly invalidated.
@@tjr4459 That one clause may be enough to invalidate the contract. Just because something is in a contract, it doesn’t mean it’s legal.
An upper class black family is the ultimate threat to" them folks".am not surprised at all that they have to undergo this!
Exactly, hatters
The amount of ethics violated in this contract is outstanding and repulsive to any judge they would see through such a one-sided adhesion.
I pray for this family to seek justification and for the judicial process to right the wrong that has happened.
That’s horrible, that company should be put out of business.
They were suppose to sell their old home before sheet rock goes up? Unique arrangement.
Probably for financing.
So I guess they were also the builder's bank?
Stop playing! We ALL know WHY this happened. These comments are trying to ignore the REAL elephant in the room.
what's that
Ugh. That’s insane. The builder completely took advantage of this family. Lawyers are often not trustworthy either! You need to hire a second lawyer to read the agreement you sign with the first lawyer! It goes on and on and on. The world is full of people ready to take advantage at every turn.
Sign such an important document without an attorney looking it over? These kinds of contracts should be illegal to write.
“Cancelled for convenience?!” How Disgusting.
They were held hostage by a contract. I've had the same thing happen to me, in my experience you will not win the case. I struggled with depression and suicidal thoughts after having my savings taken by a one sided contract just like this. I tell my story in this comment with the hope it is used as a cautionary tale that others can learn from.
TLDR: Do not let salesmen sweet talk you into signing contracts without intensive research. I repeat do not trust salesmen on their word.
So sorry. Karma to those evil places
They did the same to me
Joshua did they refund you the money?
So sorry this happened to Joshua and this young family also. 😟 Read everything, including and especially the Fine print. Never sign contracts or anything without reading what you are signing!!!!! The contents of the contract that were highlighted in this vid were huge red flags. Always have a Real Estate Attorney look over your contract, especially when there is a project of this magnitude.
I hope all works out in this family's favor. 🥺
@@georgina4874 I did not get a refund, they had a no refund policy and canceled my contract after trying to hold me hostage for even more money. They said that to continue the project they would need payments of thousands of dollars. I had no idea they would ask for multiple payments after I had already contracted them and paid them very well. They said I would have to make the payments for the project or they would cancel it and I would be left with nothing for my investment. This was after I had already poured my savings into it.
This kind of activity should actually be illegal and all of the fees that this family spent should be refunded!!!! Sickening!!!
I'm so glad that the resolution was that they got the house.
This type of builder behavior NEEDS TO STOP.
where is consumer protection ?
It’s Texas. There are none. Business first.
@avi8torguy 67 there's a contract that you don't have to sign
They had protection. They chose not to enable it.
Sly salesmen that get you to sign away yourself into a one sided contract. Common practice by shady companies.
@@joshuamaxam5086 You make it sound like the people are stupid and easy to take advantage of.
Corporate greed needs to be regulated.
This is getting out of control.
I feel for this young family.
A better home is coming your way.
Keep the faith.
Unregulated capitalism is not good. There needs to be legal accountability for things like this
@@stpedro-ht9ng Exactly 💯
@@stpedro-ht9ng "legal accountability" I wonder what's that called?
@@mintyfresh4855 consumer protection laws that Texas is lacking
Texas is a state that supports big business. All about the money.
Everyone please spread the word about this company. Drive these crooks out of business!
This is pure evil corporate greed. I hope they get arrested for theft
My ex girlfriend worked as an underwriter for DRhorton and she would talk about how the company would approve people for loans and land etc....and they would then postpone the dates for two years, until the paperwork expires, and they require you to apply again. ,but now for the house loan and property together, vs. Separate as they originally were. They then would tell you that you weren't approved, because of the original loans now on your credit. They deny you the new loan, you dont get the house, and it's on your credit. But they turn and sell it for twice as much. It's a scam! It's a scam! They use your credit to build the house and have no intentions of selling it to you. It was a plan theh had all along. It literally just happened to a house down the street.
What the hell 😩😬🤬🤬🤬🤬
😱🤢😡
I’m so glad you posted about DRHorton. I was looking at them to build… thanks!
@@yootoob2 they’re horrible, and will not fix warranty projects for months at a time
This might be true, we bought a house a year ago with them, when we walked in their office they told us there’s a house that just got canceled, the buyer did not qualify. I wondered why last minute cancellation coz the house was almost done. They told us the house has not been put back in the market so you gotta act fast and sign the contract. We closed within a month. Now reading these comments and from the video am speechless 😶
There needs to be a follow up to this story. this is outrageous.
Companies hide damning clauses deep in the contract and not everyone would read through it. Also, I am pretty sure the builders would have pressured the family saying they need to sign the contract in a day or they have other families ready to buy, leaving virtually no option/time to seek an attorney. And further, if an attorney would have been sought, the builder would have simply found some other gullible buyers.
In the least, the builder needs to pay interest and equity loss for the money they held for over a year. Some punitive charges to prevent this from happening again won't be unreasonable. Finally, a full page advertisement in the local news paper would be great too so that other buyers and builders would be aware.
This why I lost my faith in capitalism
Ethics is rarely a characteristic with Real Estate developers. The bottom line here is they valued money over honoring a deal. The market grew so much in the time it took to complete the house, that they knew they could make a whole bunch more on it. Which would be fine if they didn’t have ridiculous requirement in the contract, like you are required to have your current home sold by a certain date.
There should be a standardized contract for all builders unless otherwise spelled out to the buyer. The builder should have to explicitly explain every clause that doesn’t match with that standardized contract.
@@gandalflotr2898 that’s not capitalism, that’s being a dirtbag. Also, whenever buying a home you need to read the entire contact or get a lawyer to read it for you. People will swindle you if you don’t protect yourself. Trust no one.
@@itsofficialb facts. Don't hate the player, hate the game.
This couple helped the contractor complete the house for a $300,000 FLIP profit. If the judge doesn't consider this Predatory "lending" practices, the Couple MUST initiate a Federal lawsuit.
Always take a contract to a paralegal who specializes in contract law, or at least a lawyer who specializes in this (paralegal is cheaper, but cannot advocate for you).
This has been happening a lot... because Builders, with the market blowing up, know they can sell the house for more than what people have already agreed to pay for it... it's despicable. "Cancelling for Convenience" ...(can make more if we sell to another buyer).
So they have thought of everything? Hey squatters I have a new home for you.
Folks, as a real estate agent I can tell you confidently that ALL builder’s contracts are in the builders best interest, not the buyer’s. They don’t negotiate the terms either. Especially not in a sellers market. If you want to build, you are at their mercy. Period. Now the thing that keeps most of them somewhat honest is this right here…bad publicity. But there are no guarantees. You’re honestly better off finding an independent, skilled, well recommended contractor who will GC your build and use a skilled agent who is very familiar with new construction to negotiate the contract using a TREC promulgated new construction form. Don’t go it alone folks, good agents are worth the investment!!!
Good agents are hard to come by.
Ain't a damn thing you can do that's worth 2.7% of $520k! 🤣 The most overpriced & underperforming person in business...
Please tell me what a real estate agent does besides show the house, write a basic contract up and bug the crap out of the loan officer, calling and emailing a thousand time”when do we close”? You only care about the commission and would still advise your buyer to sign, a real estate agent is obsolete!!!!
@@spiceoflife1242 🤦🏽♀️ ok 👌
I’m not even an active agent right now because of needing to be with my kids more than my real estate schedule allowed. You obviously have your opinions and I’m not going to change that but agents do a lot more than you described and advocate for their client’s best interest. The average person doesn’t know the first thing about contracts and what their rights are. You can also hire a good real estate attorney but they don’t have negotiation skills or an intimate understanding of the market in real time. Either way, just don’t do it alone! You should NEVER sign a contract without a professional advising you, especially a builder contract!
Can builder's have different contracts?? Meaning do they give certain contracts to certain clients??
OMGoodness is the fraud and greed ever going to stop? I'm sorry this happened to you. We are about to remodel our kitchen and bathrooms. Learning from you, we need an escrow account and maybe even an attorney to look over the contract. Thank you for sharing and educating us. Good luck may God bless you and your family.
I hope there will be an update of what happened next about this unfortunate incident to this family and others who have been victims of similar situation.
That's why I'm buying an acre and putting a mobile home on it and be done. Single guy with no kids I don't need much. These builders are crooks!
Same here. Way too much chaos in the housing market. I already found a good plot of land and gonna be meeting with a realtor.
God bless and stay safe!
Yep! Builders are crooks!
Can I come?
I've been thinking about doing the same except I'd have a tiny home.
This builder should have any and all business licenses and permits revoked indefinitely, and never allowed to be in business again.
I hope there is such a law to enforce this. This story sounds ridiculous. what an evil builder, Kindred Homes is.
I agree a 💯.
This is happening everywhere. All builders r doing this. Cash buyers with deep pockets is why. The pandemic made this happen. These people signed a contract and will lose in court because what they signed. The builders knee these people probably couldn't qualify for the increase in price. Even private homeowners r adding this to sale contracts. The market isn't good for conventional loan buyers now.
This is very scary. I pray you justice .... .. Thank you for getting the news out for everyone. We wanted to build..... Hopefully, that no one buys a home from this home builder.
Contract says the buyers must commit everything for a year and a half while we the builder commits to nothing.
When you think you've seen every type of scammer something like this comes along. This hurts my heart. I hope there is an update that is in this family's favor with a very lucrative outcome so that they can have their forever home.
Worst part is, it’s a legal scammer. There should be laws to protect against this. “Waive your right to a trail by jury” that’s shouldn’t be in a contract.
But then. There is a trail by judge. So maybe that’s a loop hole? I dunno. He should just take a truck and ram it into the house. And let them eat those profits.
I really think they should have hired a lawyer to look over the contract before signing, but I can understand wanting to trust a company that seems like it has no reason for you not to trust them. In the end, what this company did should very much be illegal. And I sort of agree that they should burn the house down or something lol
Makes the squatters look like nuns , when people make 10mil a year and its not enuf, then sell their soul for a few dollars more , there’s a special place for people like that
This man looks peaceful Father God please help this family
Someone needs to go to prison for fraud.
Oh my goodness. I'm completely blown away .
For a home worth that much, its definitely worth hiring a real estate attorney to look over a contract. This probably won't be the last story of its kind.
it isn't even the first - it's happened before.
Don’t blame the family for goodness sake! The blame lays solely on that criminal company!
@@kuroneko7022 you really gonna put down 500k for an asset and not have a professional review the contract? Foolishness.
@@roninpwns exactly.
@@kuroneko7022 when you build a home, you don’t need to put down the whole amount which they didn’t. It says in the video they only put down a deposit. Nonetheless, very shady of the builder.
Wait so the builder basically terminated the contract so they could resell it and pocket it even more money…
In my opinion, Yes! Home prices have increased exponentially in the past 18-24 months. I recently read about another home Builder who increased the price over $100,000.00 near its completion. Had it worded in a tiny clause. Forked tongue serpent unethical but I guess legal because it was in the "con"-tract.
Which they had every right to do, as per the contract the people signed. Should’ve read it. They screwed themselves.
Hate that you had to go through this..yall seem like such a great family.
This is absolutely disgusting, so basically they have this family foot the bill to begin the construction of the property and use them as a hedge through the entire process. In the event property prices decline over those 18 months it doesn't matter the company will make their money as stipulated by the contract and in the event property prices climb up they just cancel the contract and put the home up for sale on the open market. For the developer this is a win win, there's little to no risk. This type of practice needs to be made illegal and I can't believe it hasn't already.
That is absolutely gross and I hope that the judge overturns the contract.
Hopefully the judge won’t. People need to take responsibility for what they do. They sign, no one forced them, they didn’t read it or higher a lawyer=their own fault. Crappy practice by builder? Perhaps, but ultimately, they signed.
Hopefully they will over turn. How many people read and sign contracts, probally including you...but never expect this to happen. I'm praying it is overturned. Greedy builder seeing an opportunity to take back a house to double profits. If this was you I doubt you'd be saying this.
@@dcg590 if you were in this situation lets see you use that same philosophy with a strait face.
Sharing this in all my Social Media pages so no one EVER buys from this builder and their shady, unethical, greedy, practices.
This happened to many families during in 2020 through 2022 when builders decided they could get more money for homes already under contract. But making them sell their home is wild!
I've never given these custom builders a second thought.
Wow! That family seems so nice! How they could smile after that, is beyond me. I hope the judge gives them back their house at the agreed upon price and this bad press for that POS company puts them under!
Someone else already bought it and moved into it.
@@kaybonette That company is scum!! I hope they go bankrupt!
Sue. These terms are one-sided and coupled with how close this was to completion, any reasonable person would assume we have a home. Give them their house plus 10 million dollars for being crooked.
This is so evil, it’s unbelievable. Sheesh
This builder is who we need to cancel. Not people that hurt your feelings.
Criminal
prayers are with this family, and I pray they get FULL justice and much, much more! I am outraged by what this builder did to this family!
so you support reparations?
@@emilystevens6335 reparations? It’s called damages. All the stress of being essentially homeless, having to hire legal professionals, this is a HUGE hassle for people who especially have kids. They deserve to be compensated for the giant inconvenience
@@a.walters123 It's life changing, life destroying. Very few will recover. It's warfare on a mass scale. It's not an isolated event. It's happening all over the country. Only the vigilant will survive it.
Justice? What justice? The buyer didn't read the contract.
@@a.walters123the buyer has no leg to stand on in this lawsuit. It is their own fault their didn't read the contract.
This dude hired an Expert to *DESIGN a Pool...*
but didn't feel the Need to hire an Expert to *Read the Builders Contract.*
_Riiiight..._
🙄🙄
How terrible! I'm so sorry for this family!
No family deserves this. If you’re thinking of building a house look at it this way, if you’re able to spend $550K on a home then you’re also able to spend $2K to have a lawyer review your contract before signing.
That stuff is looked over by lawyers but it’s built in the contract that they can do this.
I hear you but, from the story told you have to think about it like this. The couple were already spending money monthly on Airbnb...(after selling their original home) who knows the amount per month. plus they're adding a swimming pool. The home was being built...They had no ideal. If they paid that $2K they would still 'be out of luck moving in their home due to three words: "CANCELED FOR CONVIENCE"
@@mssha1980 maybe I wasn’t clear but the purpose of the lawyer is to review the contract BEFORE you sign it. The lawyer would have pointed out all the high risk clauses in the contract and would’ve recommended the family NOT sign it, find a different builder or ask for those clauses to be removed. All of this would’ve taken place BEFORE the family even agreed to sell their first home saving them from all this disappointment. Hope that was a bit clearer.
@@kjlawrence2497 maybe I wasn’t clear but you don’t pay $2K to have a lawyer review your contract after you sign it. You pay them to review it BEFORE you sign it. Had they done this the lawyer would’ve immediately spotted the “cancelled due to convenience” clause and warned them NOT to sign it, ask the builder to remove the clause and if they didn’t they can find a new builder. Remember you have the right to have a lawyer review any contract before you sign it. It may save you from disappointment later.
@@charliej766 I understand what you’re saying. The real estate agent is the one who could’ve explained that to them and added an addendum. But…. Those contracts are pretty much as presented as is and in this market ‘take it or leave it’. A lawyer would’ve been a waste of their money.
OUTRAGEOUS!
Thank you FOX 4...for reporting this valuable news.
Hopefully, this story will spread like wildfire and put them out of business...at least until they open up another building contracting business, under a new name.
That puts the word 'SCAM' to shame.
I'm SO sorry for this family, I can't even imagine the devastation they must be going through.
I hate to be the person to say this, but I'm not sorry you didn't read the contract closely enough. Every single person you don't know should be treated with skepticism. Never trust anything anyone says and always read thoroughly. I had one contractor try to do this to me 2 years ago and left without signing or looking back. Found a better home for sale that saved me 50k in the end.
Shady company!
Never do business with them again
I feel so bad for these poor people. This is sooo bad. It was almost as if the seller covered every angle because they knew they where going to back out. It sounds as if it was planned
I'm sure every contact on a new build with them is like that. That contact covers all there bases. The family signed it with all those contingencies stated. Heartbreaking for the family but that builder covered
Sounds exactly like it was planned.
Someone decided they did not want you in the neighborhood, follow the money and sue everyone involved even the secretary!
Thank you!
💯🎯💯🎯💯
Say that again
🤣 This had happened to whites too. The materials go up and the price will also. Alot of homes being sold r cash purchases. The contract will they signed is why they will lose. This is happening everywhere. Not just in Texas.
There we go again with race card this was more of a money grab than race thing
Wow. That’s big time karma for this builder. You just don’t do this to people.
Thank you Fox 4!
Those poor people, I pray they are doubly blessed in the future and the builder is run out of town!!!
If the company doesn’t exercise this clause regularly, why did they do it in this case? Did someone have something against a nice, upper income black family? It’s not an unfair question.
It's not an unfair question but it looks like in this case the builder entered into the contract to get the house built and then exercised their loopholes and options to bail on the contract because the market had changed and they were able to get 300k more.
It remains to be seen how the judge will rule on the legitimacy of the contract.
I concur- not an unfair question because it can happen, especially in this country.
It has nothing to do with them being black. The fact is the real estate market is up in a substantial way and the company was building a home in 2022 for probably 2019 prices. They looked at it and figured they could make a lot more money to take it and sell it to someone else at 2022 prices. In short, it was 'convenient' for them to do this.
Yes it is an unfair question, because if you were listening, it clearly states that they took the house from the new owners and sold it for 300,000 more than what the new owners were going to pay for it. It's all about money.
The nice upper income family has the option of paying $300,000. more, and chose not to. And I wouldn't either. I'm the type of guy who would commit a felony in the middle of the night, wearing a disguise to protect me from video, and leave my trackable cellphone next to my bed while I burned the house to the ground.
Enjoy your newly built house builder
That company should be shut down permanently. Absolutely disgusting.
Horton knew they were losing money on that home because the cost to build that home ballooned after Covid supply chain issues and instead of honoring the contract and take the loss, they decided to cancel and make a profit.
As a realtor in the State of Virginia I pray this family wins their lawsuit. I hope the email promising a closing date is enough to prove a promise to sell.
Hopefully they win.
The buyer has no leg to stand on in this lawsuit. They signed the contract from the legal scammer without reading it first.
I'm sure they read it but never thought this could happen. Lesson for all of us that will be using a builder. Send contract through your own attorney to view first.
@@fswfromthegroundup1848 if they read it and still signed it, then it is their own fault.
@@johnnybgood3724 didnt you see the end of the video , a judge can make it null and void if the contract is designed to commit fraud. the fact that they're benefiting so much if they canceled is already a motive.
I’m not surprised, this almost happened to me. Luckily I didn’t push forward with the sale bc of the “something seems fishy” contract. It was disappointing, but Im so thankful I dodged a huge headache and life long mistake.
I had a run in with them. I wanted to by a home in Midlothian Tx from this builder, however, the sale Pearson kept trying to point me in the area where these young couple was scammed. We couldn’t understand why the salesman insisted on us not buying in that area, well when we drove through the subdivision again, we realized why he wanted us to move more south. Read between the lines
Yup, they want us all trapped down south.
So sorry to hear. So sad. Maybe it will work out in your favor.