Hidden Dangers of Buying a Toll Brothers Home

[@MissBlingers]

If people would stop signing these kinds of contracts, these builders would be forced to make changes to these contracts.

[@WendyPannell]

The state even promulgates contracts for new construction that are designed to treat both parties equally. It’s very intentional on their part to make contracts so one sided.

[@denisvoronov6571]

These ridiculous contract clauses is something that makes me choose pre-owned market.

[@WendyPannell]

I know! Forced liquidation of all assets. Seriously. 😣

[@susanjannarone135]

Each video you make is a gift!

[@WendyPannell]

Thank you so much!

[@susanjannarone135]

You make realtors look honest!

[@MelissaColoradoHomes]

I keep hearing about their homes sinking here in CO. I love the way they look but wow. And this too?! This is super informative thank you, Wendy!

[@WendyPannell]

Anytime! It’s crazy what you’ll find in contracts nowadays!

[@MelissaColoradoHomes]

@@WendyPannell you’re right!

[@willmeadows8665]

Good heads up, Thxs..

[@WendyPannell]

Anytime!

[@SumithDevulapally]

Seems like going with new construction builders has more and more problems to deal with for the buyer. What builders in general do you recommend then? Curious to hear your thoughts on this since you have pointed out red flags or issues for several builders already. Is Highland Homes a better builder in general regarding some of the things you've pointed out in the past like bad contracts, cheap materials (sheating), etc? Thanks Wendy!

[@WendyPannell]

I get asked this from time to time and it’s a tough one because there are things I like and things I dislike about numerous builders. When it comes to contracts, there isn’t a single builder contract I like. They all have clauses that could be considered predatory. Some are better than others but they’re all structured to benefit the builder. In terms of quality, the best reviews + structural sheathing + no inspection restrictions I’ve seen to date is Tradition homes. But there is some inherent risk because they are a small company. Regarding Highland Homes, my observations are that sometimes they are ridiculously base level with their inventory homes. You have to really know what to look for. I’m talking regular window glass by a bath tub kind of base level. Who doesn’t put a frosted window pane in front of a bathtub? I’ve seen beautiful Highland homes and I’ve seen some built with really low budget items - they’re inconsistent.

[@SumithDevulapally]

@@WendyPannell Thanks for the comments and info!

[@blueleafevirosvc.inc.2796]

Great info!

[@WendyPannell]

Thanks!

[@Annd75575]

Hi Wendy, you said Northwest ISD is B rated compared to Argyle. That’s not totally true. We are in NWisd specifically Pecan Square. Our schools that we funnel into actually rank equal to Argyle over in Harvest and even better by parent ratings than Argyle on great schools. NWisd is massive compared to Argyle. NWisd stretches all the way down to Fort Worth so it’s a very complex district. Buyers need to look specifically at the schools that the homes funnels into. I wish more people knew this. Our home is currently for sale and we lost a buyer strictly because of this misconception and their Realtor was unable to direct them to the correct information for them to research. At the end of the day Harvest and Pecan Square both have amazing schools .. plus Pecan square is also getting an on site middle school and high school !!

[@WendyPannell]

These are excellent points! When I mentioned A and B ratings I was referring to the Texas Education Agency ratings. You’re right though, individual schools can definitely vary and you can have exemplary schools in B rated districts. Greatschools.org is awesome for checking the ratings on schools individually.

[@susanjannarone135]

You’re a blessing.

[@WendyPannell]

It makes my day to hear that!

[@tolu.a9725]

Woww!! That's insane!! You are doing the Lord's work. Thanks👏🏾👏🏾

[@WendyPannell]

Anytime! I hope it was helpful!

[@saqibmasud5468]

Hi Wendy can you do a similar video for Taylor Morrison

[@WendyPannell]

Hi Saqib! Yes, I actually already have! Here’s the link: Taylor Morrison Exposed: The UGLY Truth Behind The Hype kzbin.info/www/bejne/Z2KWhXppprSNZs0

[@amanacatandhisdog8836]

Those are some predatory clauses. I am happy I did pre owned. Either way I believe a good realtor is needed.

[@amanacatandhisdog8836]

I would never go w a builder that insists on you using their agent and their inspectors.

[@WendyPannell]

I agree! The liquidation of assets blew my mind!

[@SK-lf1cr]

Every new build I’ve since Covid gets worse and worse 😅😅 even Toll Brothers is starting to have problems

[@WendyPannell]

I’m working on a video for Tradition homes and am very impressed with what I’ve seen so far in terms of quality and reviews. Predatory contract clauses still, but the quality seems better. That one will release next week!

[@angelicaleyva7]

Can you represent me ?

[@WendyPannell]

I’d love to! Here’s the first step! www.myontrackrealty.com/youtube