Ryan homes reputation (Trenton: mortgages, loans, attorney)

[julz1017]

I recently dealt with Ryan homes, and I to have nothing bad to say about them. They were very accomodating.

[southbnd]

Originally Posted by chesterfield

so how does NVR work? they qualify you for a loan then sell your loan to a bank? does the bank then have to requalify you for the mortgage when you close? Can NVR make special arrangements that banks cannot? qualifying for a loan in todays market is hard, especially for self-employed folk like myself. so just wondering if NVR could work more miracles then other lenders can...

I dont think NVR is working any miracles in terms of securing your mortgage. They evaluate your credit and even with a large down payment, still take you through the standard process like any other lender. We did receive $2500 towards closing costs as an incentive and all went well. They will most likely sell your mortgage before the 1st payment is due. We ended up with Countrywide.

[southbnd]

The home we built with Ryan homes seems to be fine, we are happy so far. The issues that needed to be addressed on our 30 day punch list were cosmetic and were taken care of by the PM in a timely manner. I believe the home built is only as good as the PM overseeing your construction. The one negative I was uncomfortable with is when we first began construction on our home, we were dealing with one PM, then he was fired and we were assigned a new one.

[CarolinaCruzes]

Keep in mind that lenders sometimes require inspections for a loan. Not to be a broken record but septic inspection is sometimes required for cetain lenders. We went through NVR who required no such inspection as Ryan and NVR are owned by the same company. If we had gone with an outside lender and a septic inspection had been required an experienced septic inspector would have failed the system. Pretty convenient for NVR and Ryan. Also, please read your contracts. There is a clause limiting any action against Ryan to one year from closing. Fortunately we read our contract and are not in danger of missing that deadline but be aware if you don't find it in this first year, your stuck with the problem. Also, note that Ryan does not put an arbitration clause in the contract but they do refer to the limited warranty. We didn't receive our warranty until closing. The last section of the warranty has an arbitration clause and limits their liability to the cost of the house. So if you upgrade anything or make improvements Ryan says they will only give you what you paid for the house. Ofcourse this can be challanged and law puts the burden of proof on them to show that there was a valid arbitration agreement but it isn't clever how they tried to hide it in paperwork you don't see. Also our warranty is completely blank, nothing filled in, nothing signed. How could it be, they never have it to us until after everything was done.

[chanel81]

I am having a home built by Ryan home as we speak. The process has been delayed a few months. They seem to be a little unorganized. We sold our home and are currently living in a 2 bedroom apt with 4 people and a big dog. Ryan homes said our home will be ready by the 2nd week of Sept. Its the end of Aug and they just started. I can't say too many good things about our experience so far. We have a meeting with the contractors and flooring people tonight. If anyone is looking to build a home with them and wants to know the process with our home feel free to contact me.

[robster]

Hello- we have been living in our Ryan built home in Bethesda Oaks in Gastonia since June 26th 2008. We LOVE it! we were lucky we had a GREAT construction manager Ryan Manuel,we could not of had a better CM. We hired our own inspector at a cost of $315,we hired Pillar To Post and after 3 1/2 hours of inspecting,the inspector only found 3 tiny issues,a broken shingle,pan under hot water heater needed to be centered and the ac unit needed to be raised slightly. Our CM had those fixed in 15 minutes. If anybody builds in Bethesda Oaks ask for Ryan Manuel as u'r CM. Thank goodness we didn't have any issues with Ryan homes or NVR,we just lucked out. One negative is the neighborhood is still new and there's a good bit of constant construction going on. But we have had no nails in tires and Ryan homes cleans the streets every Friday.

Cheers,
Robert

[uk2va2nc]

We moved into our home at the end of July (exactly as promised). We are very happy with the home and same we have a lot of construction but everyone is polite and cleans up around the neighborhood. The amenities are currently underway and ours is one of the few neighborhoods actually building houses during this crisis. Ryan have responded to our requests on every single occasion and they continue to strive to keep us happy customers, it's reassuring to have builders who care after they have finished building your home.

[CarolinaCruzes]

Originally Posted by uk2va2nc

We moved into our home at the end of July (exactly as promised). We are very happy with the home and same we have a lot of construction but everyone is polite and cleans up around the neighborhood. The amenities are currently underway and ours is one of the few neighborhoods actually building houses during this crisis. Ryan have responded to our requests on every single occasion and they continue to strive to keep us happy customers, it's reassuring to have builders who care after they have finished building your home.

I sincerely hope that this continues to be true for you and everyone else on this thread that is happy with their purchase. I would not wish what we have been through on anyone.

[Keith "Baby-Face" Lutz]

Originally Posted by robster

Hello- we have been living in our Ryan built home in Bethesda Oaks in Gastonia since June 26th 2008. We LOVE it! we were lucky we had a GREAT construction manager Ryan Manuel,we could not of had a better CM. We hired our own inspector at a cost of $315,we hired Pillar To Post and after 3 1/2 hours of inspecting,the inspector only found 3 tiny issues,a broken shingle,pan under hot water heater needed to be centered and the ac unit needed to be raised slightly. Our CM had those fixed in 15 minutes. If anybody builds in Bethesda Oaks ask for Ryan Manuel as u'r CM. Thank goodness we didn't have any issues with Ryan homes or NVR,we just lucked out. One negative is the neighborhood is still new and there's a good bit of constant construction going on. But we have had no nails in tires and Ryan homes cleans the streets every Friday.

Cheers,
Robert

That is the way to do it!

We hired our own inspector at a cost of $XXX,

and if you can afford it, before your one year, two year, or "X" year warranty is over, get it inspected again, make that punch list, and submit it to your PM or warranty center, and get it all covered under the warranty. (of course, some things may not apply)

[CarolinaCruzes]

Originally Posted by Keith "Baby-Face" Lutz

That is the way to do it!

We hired our own inspector at a cost of $XXX,

and if you can afford it, before your one year, two year, or "X" year warranty is over, get it inspected again, make that punch list, and submit it to your PM or warranty center, and get it all covered under the warranty. (of course, some things may not apply)

We had our property inspected 3 times (predrywall, preclosing, and just before our 10 month was up). We couldn't inspect the system at pre-drywall, it wasn't installed yet, not necessary at 10 month as it had been failing for quite a while by then (and we had already been issued a Notice of Violation by Union County). Ryan has records that confirm our septic was showing signs of failure as early as January 2008 (we moved in Nov 07 - so 2-3 months after we moved in) and no one notified us. We found out from reports requested from Union County. The septic contractor/inspector Ryan hired confirmed that he sent those reports to Ryan, but no one seemed to think it was important to do anything or let us know.