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05-09-2008, 12:14 PM
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Real Estate Agent
Status:
"Festive"
(set 3 days ago)
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Join Date: Dec 2007
Location: Houston
806 posts, read 800,236 times
Reputation: 96
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Newmark Homes
Has anyone heard anything new on the Chapter 11 Newmark filed for? I keep hearing that more and more builders may be filling for Chapter 11.
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05-09-2008, 01:38 PM
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Senior Member
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Join Date: Jul 2007
Location: Kingwood, TX
1,517 posts, read 1,263,857 times
Reputation: 430
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05-09-2008, 01:52 PM
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Member
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Join Date: Mar 2008
53 posts, read 74,050 times
Reputation: 19
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Talking about Newmark Homes, regardless what their website or sales people say that nothing changes, etc....one of our friend's neighbors did confirm that they are having lots of difficulty trying to get Newmark's contractors to fix their new house.
From what we heard, this friend's neighbor had ignored the rumor and went ahead and bought one of the Newmark homes 2 months ago....what a shame...
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05-09-2008, 01:54 PM
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Real Estate Agent
Status:
"Festive"
(set 3 days ago)
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Join Date: Dec 2007
Location: Houston
806 posts, read 800,236 times
Reputation: 96
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Quote:
Originally Posted by nehag
Talking about Newmark Homes, regardless what their website or sales people say that nothing changes, etc....one of our friend's neighbors did confirm that they are having lots of difficulty trying to get Newmark's contractors to fix their new house.
From what we heard, this friend's neighbor had ignored the rumor and went ahead and bought one of the Newmark homes 2 months ago....what a shame...
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Now that's not good at all. |
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05-10-2008, 12:14 AM
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Heading for TX with CA in my rearview mirror !!!
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Join Date: Apr 2007
Location: northern california
675 posts, read 500,223 times
Reputation: 141
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Wow...
When we bought in Graystone, I remember Village Builders made the process (mostly) easy to start, but Newmark's was VERY conviluted, and was charging for seemed liked every wire and cable. Seriously, I still have it on file from June 07, 30+ pages for switches, outlets, etc, totally "nickel and diming"
and I remember the agent seeming a little depressed, and obviously feeling pressure from the builder..sad cuz she was very helpful..
Last January or so I was reading JD Powers and Newmark was waaaaay down the list from VB...
I think they have been having problems for some time....just now came to light.
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05-10-2008, 07:55 AM
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Senior Member
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Join Date: Aug 2007
366 posts, read 341,104 times
Reputation: 59
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You may want to google the builder's name with words like problems, defects, lawsuits etc. to get more info.
As always go to Homeowners for Better Building and Homeowners Against Deficeint Dwellings to really get the comprehensive information you may want.
Make sure you know what is in your contract and read about TRCC on HOBB.
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05-10-2008, 10:43 AM
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Senior Member
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Join Date: Jul 2007
Location: Kingwood, TX
1,517 posts, read 1,263,857 times
Reputation: 430
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Current Newmark promotion in my area:
25% off Design Center Options!
25% off Homesite Premiums!
25% off Elevation Premiums!
25% off Structural Options!
Plus…
An Additional 10,000$ Sales Incentive!
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05-10-2008, 11:48 PM
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Heading for TX with CA in my rearview mirror !!!
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Join Date: Apr 2007
Location: northern california
675 posts, read 500,223 times
Reputation: 141
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Quote:
Originally Posted by chris_ut
Current Newmark promotion in my area:
25% off Design Center Options!
25% off Homesite Premiums!
25% off Elevation Premiums!
25% off Structural Options!
Plus…
An Additional 10,000$ Sales Incentive!
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saw the 25/25/25/25 thing, but where are you located with the addl 10k
discount?? |
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05-11-2008, 11:24 AM
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Senior Member
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Join Date: Jul 2007
Location: Kingwood, TX
1,517 posts, read 1,263,857 times
Reputation: 430
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Oakhurst in Kingwood.
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06-18-2009, 10:14 AM
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Senior Member
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Join Date: Aug 2008
Location: Pearland (Southern Trails)
172 posts, read 134,598 times
Reputation: 54
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The official news story of the sale of Newmark to local Houston investors came
out Monday. Here is a link to it:
http://www.bizjournals.com/houston/stories/2009/06/15/daily8.html
Bottom line: it's good news, Newmark is not dead in Houston (although it may be
in other Texas cities). The Newmark name will be carried on here. |
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