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Old 04-08-2009, 09:44 AM
 
148 posts, read 502,441 times
Reputation: 83

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Pulte Homes just agreed to buy Centex for 1.3 billion dollars. They call it a merger making them the largest home builder company in the US. I'm building in a Centex community that will be rather large but is not nearly complete yet. If pulte takes over and starts building and finishes out the subdivision, are we looking at a mess or are Pulte and Centex comparable in quality?
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Old 04-08-2009, 09:57 AM
 
32 posts, read 107,869 times
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Very comparable. I wouldn't worry. At least you know they will not be going bankrupt any time in the near future.
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Old 04-08-2009, 10:58 AM
 
Location: Indian Trail, NC
314 posts, read 1,025,369 times
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I'm in the same boat. I'm building a Centex house now and I had the same concerns.

Very true though about the company not going bankrupt now though. That's always a good thing.
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Old 04-08-2009, 05:31 PM
 
Location: Waxhaw, NC
60 posts, read 139,887 times
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I presently live in a Centex subdivision and think that Pulte is on the same level of quality as Centex. Feel neither builder would qualify as high end, but you get a pretty good house for the money with either one.
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Old 04-09-2009, 09:11 AM
 
209 posts, read 617,720 times
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Quote:
Originally Posted by jstevens44 View Post
I'm in the same boat. I'm building a Centex house now and I had the same concerns.

Very true though about the company not going bankrupt now though. That's always a good thing.

Maybe they'll finish the pool sooner
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Old 04-09-2009, 09:48 AM
 
Location: Indian Trail, NC
314 posts, read 1,025,369 times
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True! Maybe they'll finish the pool.

When I was signing the papers and whatnot for my house, she talked about the pool. She basically said that they were waiting for enough people to build in the neighborhood so that the dues paid for the daily upkeep of the pool. She said that in one of their other neighborhoods, they built the pool prematurely and the dues didn't cover the costs of maintaining it. I don't know what the magic number of houses that have to be built to cover those costs, but hopefully they get there soon.

Perhaps with the merger, they'll just bite the bullet and build it, hoping that the pool with attract more buyers.

It would be nice to have the pool there.
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Old 04-09-2009, 09:50 AM
 
148 posts, read 502,441 times
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May I ask what neighborhood you are building in?
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Old 04-09-2009, 09:52 AM
 
22,769 posts, read 26,141,792 times
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Quote:
Originally Posted by TryingToEscapeTheMadness View Post
Very comparable. I wouldn't worry. At least you know they will not be going bankrupt any time in the near future.
What leads you to this conclusion?
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Old 04-09-2009, 09:57 AM
 
148 posts, read 502,441 times
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Well, I actually got an email from my sales agent yesterday informing us of the merger. I already knew about it, I got the email after i posted this thread, but in it she states "I want to assure you that there will be absolutely no changes in our commitment to you, both while we construct your home and afterwards. You’ll still have the same industry leading warranty and the same focus on quality that is a hallmark of our homes." I'm glad the warranty will remain the same. I've spoken to some of my soon to be neighbors and they say Centex is very good with honoring warranty requests.
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Old 04-09-2009, 09:59 AM
 
51 posts, read 70,968 times
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Dear jstevens44
I was about to sign a contract to build a home from centex but heard about the take over and was concerned. It was in South Carolina that plus the high rate of unemployment made me think twice. Where in North Carolina is the unemployment at a reasonable level and the population isn't dense. We went to Cary but found the houses are small and expensive. I love Wilminton but people tell me I'm crazy anyone have suggestions I keep going back seeing more and all I get is more questions
I'm from NJ so I'm scared about everything also the waterways are suppose to be polluted someone said where are they and do they affect the fish population. I eat a lot of it. I am looking for a office job or a school nursing job am I just dreaming. Haven't had much luck in either state when I've gone looking and I hate paying for license fees and fingerprinting for each state it comes over 200 dollars then traveling to different areas. I need a large area for my dogs and three bedrooms and perhaps a extra room for a den and laundry. Garage is a must and I have to have a fence over 6ft my dogs are big. People tell me sub divisions are out. Centex had told me when would let me in SC but I pulled out at the last minute when I found people who were looking for work in my field and taking part time retail jobs. Hospitals are great but I'm getting too old. HELP
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