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Lennar Homeowner Trapped In HELL (Exclusive Interview)

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Real Estate Mindset

Real Estate Mindset

Күн бұрын

Lennar Homeowner Trapped In HELL (Exclusive Interview)
Houston, San Antonio, Austin and Dallas Texas.
For correspondence, please email me at:
Travis@RealEstateMindset.Org
Are we in a housing bubble? Will real-estate crash? Is there a housing crisis? How do credit reports work? What are the new Tax laws? Listen to the data and please share your own stores and opinions. It is more important now more than ever with so many changes and challenges. We plan on bringing more and more videos on real estate and how to educate and empower yourself. Please like and subscribe but most importantly empower yourself with education!
0:00 - Intro
12:32 - KZbin Video
36:22 - Structural Assessment
Data Source:
#1 casetext.com/case/lennar-home...
#2 • Our lennar home… beware!
#housingmarketcrash #realestate #housingmarket
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Travis Spencer
Loan Originator #1044093
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9999 Bellaire Blvd. Suite 700
Houston, TX 77036
Travis Spencer
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Travis Spencer
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DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Real Estate Mindset or Travis Spencer are registered financial advisors. Your use of Real Estate Mindset's KZbin channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, KZbin, E-Mail, and Instagram) for communications with Real Estate Mindset does not establish a formal business relationship.

Пікірлер: 383
@bibleforovercomers
@bibleforovercomers Жыл бұрын
This warning video is a genuine service to us all! Thanks for all your hard work, Travis 💪
@infotechsailor
@infotechsailor Жыл бұрын
A wet subfloor is not a big deal IMO, unless it was wet the day before they put the carpet down. Anyways if your worried, pull back the carpet and cut it out and nail down a new piece of subfloor. A box of nails and a circular saw, it will take you 1 day. On the other hand really dumb of them to put down sub floors when the roof is not done. All wood gets wet on construction sites. It dries out in a couple days. I'm still watching but I think they are making a mountain out of a mole hill.
@realestatemindset
@realestatemindset Жыл бұрын
​@Josh Bascii you sound like you build new homes 😅 but regardless they got a structural assessment done. A structural report is being done Monday. Hopfully you're right and nothing is wrong post "repairs"
@joseCalderon1976
@joseCalderon1976 Жыл бұрын
When I was buying a house in 2012 that was being built from the ground up, I had a realtor AND I had my house inspected while it was being built. I would have never done it any other way. The inspector found stuff that had to be fixed. It was a very long list. Never ever buy a home without an inspection and a realtor!
@ericrodriguez773
@ericrodriguez773 Жыл бұрын
How many times did you have the home inspected and at what phases?
@scottd8624
@scottd8624 Жыл бұрын
I had a realtor and phase inspector for my 2019 new build. Nevertheless, I had significant issues, including severe water damage from a leak. Someone stapled the hot PEX water line to the drywall. The staple eventually fell out of the PEX line, which resulted in severe water damage, mold, etc. What a nightmare... My point is that even the best phase inspectors can't catch every problem.
@SamuelClemente7718
@SamuelClemente7718 Жыл бұрын
​@ericrodriguez773 I did it within 3 days of me making the offer, and 5 days before I closeed!!! NEVER , NEVER waive your inspections
@MrsTiffany9675
@MrsTiffany9675 Жыл бұрын
Agreed, alot ppl forgo getting a home inspection becuase the house is brand new and covered under warranty, wrong. Be certain, and through and have an outside inspector check it out anyway. You will be surprised what you find.
@ericrodriguez773
@ericrodriguez773 Жыл бұрын
@@SamuelClemente7718 thanks bro, appreciate it!
@markme4
@markme4 Жыл бұрын
I install flooring for several major builders here in southern California, I'm seeing major water damage to the subfloors including the plywood/OSB upstairs and concrete downstairs from all the rain we had here all winter. Always have your new home inspected by a professional before any flooring is installed. Make sure all subfloors are flat, level and clean. DO NOT RELY ON THE BUILDER TO DO THIS FOR YOU!!!
@willaworthy4181
@willaworthy4181 Жыл бұрын
Wow, my heart goes out to this couple. I had a similar issue with this builder. I had a realtor and an inspection. Ironically, my inspection was scheduled on the same date that the hurricane hit Fl last year. As the inspection and walkthrough were being performed, water was splashing through the bottom of the sliding glass door in the living room. This would have never been uncovered if it wasn't raining.
@Jackie-lg4tt
@Jackie-lg4tt Жыл бұрын
Are you still in this house?? How has it been ?
@daveblackman816
@daveblackman816 Жыл бұрын
This is sad man. Lennar just walked all over them because they knew they could. Just rush, finish that job, move on. The nationwide builders don’t care at all. I mean those are some big repairs and they’re like “meh”.
@realestatemindset
@realestatemindset Жыл бұрын
It hard to stomach man. We want to believe consumers are being treated with respect but this is heartbreaking.
@daveblackman816
@daveblackman816 Жыл бұрын
@@realestatemindset yep I just finished the video. You’re right, doesn’t matter how educated you are, they will still prey on people no matter what. Just build a quality home and they can’t even do that. Once they closed, lennar got their money. That’s all they care about
@512galko4
@512galko4 Жыл бұрын
Regional don’t care either. They just want to get paid and move on to the next.
@barrycusano1237
@barrycusano1237 Жыл бұрын
Even worse in Florida. People are so desperate to buy a house builders are building crap.
@billjames3030
@billjames3030 Жыл бұрын
​@@realestatemindset Travis you sound like a lawyer with all your questions. Great advice.
@iamblessed1797
@iamblessed1797 Жыл бұрын
OMG!!! This is absolutely horrible. Prayers going up for this family. Are you kidding right now. What would make a builder think it is ok to just get away with this. BUYERS please FOR THE LOVE OF all that is Holy. Beware!! My heart goes out to this family. Travis thank you so,so much for doing this video. You will be blessed for all your help to this family.😢
@juicy2fresh
@juicy2fresh Жыл бұрын
This couple is courageous for telling their story. I guarantee they are not the only ones but most people are too prideful to admit when something like this happens to them. These homebuilders are just throwing up houses. Everyone definitely needs to be cautious with real estate especially over the next couple of years as people try to sell their home to pass on the buck to the next owner.
@ericrodriguez773
@ericrodriguez773 Жыл бұрын
My heart and prayers go out to you both. That’s horrible what you’re going through.
@carbonfibercrypto2919
@carbonfibercrypto2919 Жыл бұрын
I wish I could give them both a hug. Be careful who you trust out there.
@drey01
@drey01 Жыл бұрын
Just closed on my new construction a few weeks ago. I shopped around with builder I checked with Lennar, DR Horton and one other, I went with a more local builder (semi-custom) and I couldn’t be happier. I never trusted the big National builders.
@lorenza2589
@lorenza2589 Жыл бұрын
We need more people with hearts like theirs. A lot of people might be embarrassed to talk about how they were, for lack of a better word, screwed. No shame, only lessons, and they're gracious enough to let us all learn from them.
@zz9126
@zz9126 Жыл бұрын
Love your videos, Travis. In Texas, TWO MAJOR THINGS EVERYONE BUYING IN TEXAS NEEDS TO KNOW: 1) Arbitration is REQUIRED by TREC. Buyers are required to sign the Agreement to Arbitrate at closing. It's been 37 mos since I first filed a lawsuit against a private custom home builder. Arbitration is tentatively scheduled in June. 2) Builders are not required to be LICENSED in Texas. They need to establish a business certificate, but are not required to be licensed. No review boards to take complaints to. 3) this is so important, in Texas, there is a law called Deceptive Trade Practices Act which allows for triple damages if it is found that the builder deceived a buyer. There is a provision for mental anguish in the law too! I thought I found my forever dream home but that lasted only 8 months. Then the improprieties of the build, never disclosed prior to closing, started happening. It takes more than having a realtor to find reputable builders who build safe, quality homes in Texas.
@jasonroberts9357
@jasonroberts9357 Жыл бұрын
Great comment. Thanks for sharing!
@Nunyobidne55
@Nunyobidne55 7 ай бұрын
We are currently suing our builder as well. What was your outcome?
@zz9126
@zz9126 7 ай бұрын
@@Nunyobidne55 ...took 2.5 yrs to set an arbitration date. He filed bankruptcy two weeks before the arb date....
@labitcoineragt3596
@labitcoineragt3596 Жыл бұрын
That breaks my heart, people usually buy a New built because they don’t want to deal with the unknown. I had a realtor and had an inspector come in my new built. He found over 50 pages of issues! Some were whatever type issues and some were potential tragedies. Even then the sup would patronize me, but I didn’t back down. However most of my neighbors didn’t and now the entire neighborhood is deal with a whole bunch of issues
@Katadori09
@Katadori09 Жыл бұрын
This is downright terrifying. If this is happening regularly, it should be in prime time news.
@fefohood
@fefohood Жыл бұрын
It happens all the time, with all houses to different degrees of damages, people just don't say anything because they are either not sure or fully aware about they the problems, or they just don't have the time to deal with them.
@mechanismmalfunction3822
@mechanismmalfunction3822 Жыл бұрын
NEWS means north, east, south, and west and they are broad casting spells on you by channeling demons and programming you. Tell lie vision. Turn it off
@mattzun6779
@mattzun6779 11 ай бұрын
This sort of thing is in prime time news in areas with lots of new construction I've seen stories where they find several people in a new build neighborhood with problems bad enough to be obvious on a televised special report. I've also seen them cover individuals who couldn't get the builder to resolve a problem in the "NewsX on your side" segments.
@SirCarlosMusicBMI
@SirCarlosMusicBMI Жыл бұрын
This is so EFFEN DISGUSTING 😡❗️ Breaks my heart to see these people going through this. They better have a Great Attorney to help them get out of this so called House. I feel so bad for them. May God Bless them and help them recover as much as possible. I really don’t know what else to say other than Thank you for bringing this couple on to your channel and making us aware of this Terrible situation. Blessing’s, Carlos ✝️🙏❤️😢❗️
@monkphat9113
@monkphat9113 Жыл бұрын
My heart goes to this couple. Thank you so much Travis for this video exposing how these new home builders are screwing buyers. I pray they get their suffering and damages reimbursed
@breakmywalletmotorsport
@breakmywalletmotorsport Жыл бұрын
Concrete contains silica so the dust is HIGHLY carcinogenic. OSHA has specific regulations and exposure limits. Send the video of the guy sanding with a dust mask to OSHA…they’ll pay Lennar a visit. I’m pretty sure it will be an expensive for Lennar. I think the PEL is 50 micrograms which is very little. They should be in a breathing apparatus.
@breakmywalletmotorsport
@breakmywalletmotorsport Жыл бұрын
That’s a link to the OSHA reg. I’d call the whistleblower hotline. Depending on the region, OSHA might just randomly show up one day at one of their sites. Once Lennar gets on the radar they become a target for surprise inspections across the country.
@breakmywalletmotorsport
@breakmywalletmotorsport Жыл бұрын
Geez…you can also call EPA on Lennar. The silica dust should be collected, classified and then properly disposed of. At a minimum it would likely be classified as a universal waste. So unless you saw them haul off a covered roll off bin or 55gal drum, they probably just let it dissipate throughout the neighborhood. Apparently, Lennar doesn’t like complying with safety and environmental regulations.
@parler8698
@parler8698 Жыл бұрын
😮 omg
@mcgovernandco
@mcgovernandco Жыл бұрын
Travis, I wrote in my previous comment that the soil was not treated and or prepared. In Florida, they need a pad before the concrete can be poured. You can't ground down concrete to level it. You can use leveler to make it even. Long term. this house is a sinking ship. The house will never settle correctly.
@Love4puppies
@Love4puppies Жыл бұрын
There are actually some areas in CA where Lennar tells you straight out on the phone that you can have a realtor but they wil not pay a buyer agent's fee. ( Even before you give them your info or are registered) I think that is terrible!
@Miranda3730
@Miranda3730 Жыл бұрын
Back in 2003 in our new home subdivision there was a couple who bought a home around he corner from us. These were semi custom homes with different options for ad ons. During the building process, our future neighbors found issues that they did not like. This was during 2003 and these homes were selling like hot cakes, the builder did not like these buyers pointing out the issues, so they told this couple they would no sell them the home and told them basically, "no home for you!" Builders do what is best for them, not the buyer. Do not trust them!
@AfroCurlySamurai
@AfroCurlySamurai Жыл бұрын
I feel so horrible for this couple. I appreciate that you highlighted their story for everyone to learn about and being cautious with new construction homes. I hope they continue to stay encourage in the situation they are in and wish them better days ahead.
@EclipseEditzx3
@EclipseEditzx3 Жыл бұрын
My heart goes out to this ppl. I am so sorry. Hope you guys get through this. My prayers
@ancu2682
@ancu2682 Жыл бұрын
Those are not builders, they’re scammers with a license 😔
@war8036
@war8036 Жыл бұрын
That’s why they deserved to get scammed and extorted by Barry Minkow back in the day
@smja5768
@smja5768 11 ай бұрын
You are totally right.. I hope they will finish behind bars! People take mortgage for 30 years and these scammers live rich lives!
@swlc5555
@swlc5555 Жыл бұрын
What's scary is that it indicates many builders might be using a large number of amateur unskilled workers building their homes. Buyers like to think that the home they're spending so much money on is being built by highly talented skilled workers. It might be shocking if we knew the reality.
@cindyonyoutube
@cindyonyoutube Жыл бұрын
What a sad and terrible story! My heart goes out to them!
@jaca786
@jaca786 Жыл бұрын
No matter who you bring on your platform some people don't take heed to warning. Thank you for trying really hard to save people from the hardship of this housing mess. Also, your guest did a great job. You keep up the good work.
@Donotoverleverage
@Donotoverleverage Жыл бұрын
I’m a roofing contractor. New builds are trash. After all my experience on pre existing homes and new construction I choose pre existing. The older the better. I myself bought a tried and proven 114 year old home. Built to last forever.
@desktopkitty823
@desktopkitty823 5 ай бұрын
That is so true. When I was a kid I lived in a house that was built pre-Civil War. Could you imagine any house built today still standing and being lived in 200 years later?
@myfreespirit67
@myfreespirit67 Жыл бұрын
Much Gratitude For this awareness. Prayer for the homeowners . 🙏
@timlaborde2140
@timlaborde2140 Жыл бұрын
Travis this is your best work yet. Excellent journalism. As a professional, you hope and pray and try to tell prospects not to fall into this trap and yet so many consumers still do. Many will still not listen. I hope you get many blessings from this interview, and I hope this family gets a good resolution. Outstanding work.
@Enki1013
@Enki1013 Жыл бұрын
I just finished watching Orlando Miner's video "Everyone Gives Up" and he showed an article stating that there are still buyers out there who are overpaying plus skipping the inspections. So the testimony by this couple IS very important! So I needed to say this after just hearing the first few minutes where this couple says they skipped the inspection. edit: Lennar. Enough said.
@Jackie-lg4tt
@Jackie-lg4tt Жыл бұрын
So - after inspection if you refuse to close will you get your deposit back??
@francis5944
@francis5944 Жыл бұрын
this have got to be horrible. I don't know why the government doesn't protect us better against these predators.
@waynedziergo5556
@waynedziergo5556 Жыл бұрын
What a nightmare. This was supposed to be an exciting time for these people. How sad!
@ginacardarella
@ginacardarella 9 ай бұрын
Thank you to the couple. That was brave enough to say all this on camera. And thank you travis for recording it my heart goes out to them
@kim.in.nature.
@kim.in.nature. Жыл бұрын
I have seen so many houses under construction and wide open to the weather. Wet wood and flooded floors. I think maybe a manufactured home is the way to go.
@madebeen
@madebeen Жыл бұрын
I love the fact you keep on knocking Lennar homes down! My home purchase experience with them was awful as well! They are bastards mate qq
@aces8481
@aces8481 Жыл бұрын
Mine went as smooth as butter lol
@mr.kilroy6818
@mr.kilroy6818 Жыл бұрын
@@aces8481 Lennars favorite Lube !
@TheBekacuda
@TheBekacuda Жыл бұрын
Lennar used to make ok homes. Around here DR Horton is the one I refuse to buy!
@eattherich9215
@eattherich9215 9 ай бұрын
@@mr.kilroy6818: 😂😂😂
@bumbut7891
@bumbut7891 Жыл бұрын
Prayers, hope you get your issues resolved and turn out to be a happy ending, Lennar should reach and resolve it . Thanks for sharing the experience and lessons to us.🤞🍀👍
@cameronjenkins5304
@cameronjenkins5304 Жыл бұрын
Travis, this is pure gold! We need to do more like this. It is important to educate people to avoid these pitfalls. It os all about the "mindset". My heart, goes out to them, but their struggle will help others!
@veroariel1
@veroariel1 Жыл бұрын
Thank you so much for this video, I can’t believe this like this happen. It’s always good to be informed.
@samsungtaco11
@samsungtaco11 Жыл бұрын
Thank you brother Travis for this very informative video. Your work of educating homebuyer is truly appreciated!!!!
@kidwichita
@kidwichita Жыл бұрын
This is probably the situation for many fomo buyers. The builder looks like they hired anyone who was breathing. Same type of work with a builder in my area. Framing was open all winter.
@corporatemaq
@corporatemaq Жыл бұрын
Great investigative work!!!Top notch reporting. Interviewing as well.
@michaelsoler332
@michaelsoler332 Жыл бұрын
This type of a situation need to be addressed by the government with regulations about this process of buying or selling a house to protect the consumer allowing to have a mandatory representation from both parties buyers and sellers.(a third party involved).
@kidwichita
@kidwichita Жыл бұрын
Yeah, more government solves the problem. They waived an inspection. Something many fomo buyers did.
@michaelsoler332
@michaelsoler332 Жыл бұрын
@@kidwichita at least will stop ignorant people from making the biggest mistake of their lives,for most people this will be the biggest investment on long term on their life.this resolution will affect the big real estate corporation of taking advantage of people.imo Me as a real estate investor I have to give the to the customer a good product.
@kidwichita
@kidwichita Жыл бұрын
@Michael Soler doofus, you do realize when government gets involved everything costs more. You have a totalitarian marxist mindset that would fit in places like Cuba and Venezuela. Idiots need to stop fomo buying and there wouldn't be this problem.
@mithaSantara
@mithaSantara Жыл бұрын
I can't thank you enough for such a detailed vdo and so much pain in the eyes of the couple. I feel I'm more informed but sad at why such things happen in first place. why govt. don't support for common people who get scammed.
@QueenPenKen
@QueenPenKen Жыл бұрын
Thank you both so much for sharing your story. I hope everything work out for the best for your home 🏠 ❤ I am so sorry what happen.
@dankdc5_
@dankdc5_ Жыл бұрын
I'm on my first week living in my new Lennar home wish me luck😬
@maryclebeau
@maryclebeau Жыл бұрын
Thank you to you and your interviewees. !!!
@Tracker709
@Tracker709 Жыл бұрын
Outstanding job Travis. Your questions were spot on!!!! You held the residents feet to the fire as well. Todd SACHS needs to see this video
@elijah6014
@elijah6014 Жыл бұрын
Oof, I needed this video. I've been thinking of ways to cut cost getting into a new home including not having a realtor. It's good to have a reminder of what can happen when a buyer is not represented! The price of a house needs to be good enough to have representation and inspections! Thank you for sharing, and I'm sorry this couple had to go through this.
@Anna-qz6xw
@Anna-qz6xw Жыл бұрын
Realtor is not your representative. It is a person that has only one goal that is to make a sale. Ironically, it is a builders goal as well. What you will see is them team up behind your back.
@davidmalinowski489
@davidmalinowski489 Жыл бұрын
I have 40+ years of experience. Union trained. 8+ years of continuing education in the construction field. Realtors do not know crap about Construction. Home Inspectors are a total joke also. Those that cannot do it become inspectors. Totally baffles me.Only way to buy a home nowadays is to find a true Master Contractor who is your best friend and have them inspect the build daily. Catching problems at the end of a project is useless and not cost effective.
@omarmontoya-tu3ut
@omarmontoya-tu3ut Жыл бұрын
As someone who has purchased a decent amount of homes and I have flipped as well. David comment is 100% accurate. All the people who have purchased a home from me and have paid for all these inspections. They miss important parts of the house that is damaged and I have to inform the buyer after.
@lindajohnson.
@lindajohnson. Жыл бұрын
Nightmare for this couple. These builders throw these homes together quickly and cut many corners. You really need someone to check their work to see if it is properly done as it is being built. Bought 4 homes and sold 3, never any problems like this.
@Love4puppies
@Love4puppies Жыл бұрын
And Lennar in the fine print tells you online that included features are subject to change, for example you might get a refrigerator or might not in their all included homes. They also play with pricing depending on the interest on a certain home by big amounts, up 15k, down 30k plus 10k incentives then 20k incentives even in one week. Crazy!
@Love4puppies
@Love4puppies Жыл бұрын
@@robertwalker5521 I love that! I 💯 Agree!
@davidmalinowski489
@davidmalinowski489 Жыл бұрын
One of the biggest problems in this country is we have nothing but laptop children anymore and nobody wants to do an honest day's work and learn a trade
@orionishi6737
@orionishi6737 6 ай бұрын
You're literally on KZbin.... Watching videos.
@christopherschoepfel
@christopherschoepfel Жыл бұрын
Thanks for all you do Travis, love from Rochester Ny
@daoofgaming161
@daoofgaming161 Жыл бұрын
Thank you for sharing your story. What a disaster.
@RiskOnTrading
@RiskOnTrading 5 ай бұрын
Top notch getting an interview man . Ever since you started traveling for the videos you’ve made a step up . I hope you win bro
@jctone
@jctone Жыл бұрын
Thank you for sharing!
@OrlandoKissimmeeHomes
@OrlandoKissimmeeHomes Жыл бұрын
This video popped up in my suggested ones to watch. Great video. So sad to see what happened to these people. What a disgrace on the builders part and also the county inspectors. Where were the county inspectors??? I preach to my customers about getting homes inspections yet 20% seem to choose not to just to save $250-$450. They rather not cutback on Starbucks and Chipotle for a few weeks to save up that money. Its a shame that builders are let off the hook so easily by buyers and the states have almost no quality control. County inspectors many times do not even look. Construction managers are overloaded and don't care. But its not just Lennar as many builders have shady practices and bad workmanship.
@jennifertaylor7570
@jennifertaylor7570 Жыл бұрын
I’m truly heartbroken for them nobody should have to go through this. It appears there are too many things that were done incorrectly, so they need to give them all of their money back. Allow them to move and then the home builder can tear the home down and build a new home that they can resell.
@thesandhaus9689
@thesandhaus9689 Жыл бұрын
This is a baller video. Sorry this happened. The way you called bad construction was spot on
@karenlarkins5429
@karenlarkins5429 4 ай бұрын
I don’t know how these owners could ever really love their new home, after all this trauma. So sorry to follow this account of this story of what’s supposed to be an exciting and wonderful new chapter of an adventure in life. 💜💜
@Bob-ss6hy
@Bob-ss6hy Жыл бұрын
Thank you. I pray that everything went well.
@brontesaurus5702
@brontesaurus5702 3 ай бұрын
Yes, Thank You For This!
@krassimirpetrov7131
@krassimirpetrov7131 Жыл бұрын
Hard hitting journalism and interview
@WOLF-qq2cn
@WOLF-qq2cn Жыл бұрын
My first new build was meritage homes the same thing. Lawyer lawyer lawyer .
@512galko4
@512galko4 Жыл бұрын
If you can stick it out longer than the builder!
@SamuelClemente7718
@SamuelClemente7718 Жыл бұрын
Just locked in a 5.5 % interest rate. IM IN ESCROW!!🤞🤞🤞🤞🙏🙏🙏
@aces8481
@aces8481 Жыл бұрын
I got locked in at 4.625% 🤑
@fmg12
@fmg12 Жыл бұрын
Wow great video and this TOTALLY reminds me of 2008 conditions.😮
@openmind5363
@openmind5363 Жыл бұрын
Thank You for Sharing, BIG TIME....this GOLD with US "NAIVE BUYERS" of Real Estate, just like Buying a Car...not having a RE Agent is like going to Court w/o a Lawyer, and a home inspector is to RE Agent like a paralegal to a lawyer...Knowledge is POWER, and Thank You to let us all learn from them...Thank You
@JA-re8gi
@JA-re8gi Жыл бұрын
Most realtors are very dumb. Lawyers have a high bar for entry. This is a horrible comparision.
@shawnPATSFAN
@shawnPATSFAN Жыл бұрын
Worked for lennar from 03-08 during the housing crash and when they had to start cutting the prices they put the screws to their contractors and started "value engineering " the homes to lower their costs ...
@David-iy6gh
@David-iy6gh Жыл бұрын
Imagine all the things that have not been uncovered
@dechendechen555
@dechendechen555 Жыл бұрын
Thank you for your good work. Very educational and informative video! Could you please share what is the roles and responsibilities of a realtor if a buyer prefers to have one in a situation like this video? i live in Minnesota.
@mskrazie
@mskrazie Жыл бұрын
GREAT video. i never believed about the new construction horror stories and i always felt like "that cant happen to me" til it did! not to this horrific extent at all, but yup we just had an issue & it was then when i realized all these new build stories are NOT far fetched. not a national builder so would you think one as big as lennar would have more pride, but nope.
@bobconder3163
@bobconder3163 Жыл бұрын
Thanks for doing this you two
@josephguastella8037
@josephguastella8037 Жыл бұрын
Sounds like a Structural Engineer before closing is need before a realtor 😮
@kimc3765
@kimc3765 Жыл бұрын
I’m sorry this happened to these folks but thanks for the warning. This builder is off my list now.
@conniera
@conniera Жыл бұрын
Most heartbreaking story. Please send our love to them ❤
@veritas3179
@veritas3179 Жыл бұрын
Good interview. Thanks for the information. Can't trust anyone...🤔
@larrylamb3480
@larrylamb3480 7 ай бұрын
When the builder uses unskilled labor which is cheaper and then cuts corners with cheap materials , you get screwed ! It is so important to have a qualified building inspector to check for structural problems ,code violations,and overall use of cheap materials ! You need to do your due diligence !
@TheGreatWall002
@TheGreatWall002 Жыл бұрын
Excellent Video!!
@scottcoleman2876
@scottcoleman2876 Жыл бұрын
Yikes! Great heads up👍
@davidmack4495
@davidmack4495 Жыл бұрын
I've been in the Austin area the last 5 days looking at new builds without my agent..As long as you tell them you are working with a realtor, they have no problem with that. I fill out the form with my name and my agents name.They usually call him that day and it's been smooth so far.
@johnv142000
@johnv142000 Жыл бұрын
Bought a lennar home back in 2019 here in sacramento. kinda was in the same situation. only we had a realtor but no inspection. We were 1st time home buyers , good thing nothing was wrong with the house but lennar has a 1 year warranty. for everything that would go wrong. nevertheless thanks for this video what an eye opening.
@austingreathouse
@austingreathouse 10 ай бұрын
Closing with lennar next week. The seller/realtor process was awful. We loved the price, and loved the homes, in fact, of all of the homes we’ve looked at over the last several months, these were the first that we felt like home with. We stuck with them through the process despite not liking their realtor. Our loan officer, aside from being busy af at all times and not really having time to be available often, was awesome. She was on top of her stuff. Also weren’t encouraged directly to get an inspection but when we said we were, they seemed to appreciate that we were doing so. Our inspection came back pretty positive overall. There were a ton of micro issues but nothing too big. The paperwork process with lennar mortgage has been cloak and daggers the whole way through. Improper communication, complete lack of transparency, etc. They told us this week that they don’t do blue tape inspections anymore… just taking pictures of various issues throughout the home but we weren’t allowed to point out trim, paint, or drywall issues because that was someone else’s job and they would do it separately… yeah, bs. So we did our own inspection and sent over about 60 photos of places that needed fixed or touched up separate from our new home orientation. That said, we came in to the process as the house was almost complete so we couldn’t do a predrywall inspection. Hoping that doesn’t bite us. Our construction manager seems really on top of her job, we’ve really enjoyed our interactions with her. We are in SC and it seems overall, many people seem happy with their purchase but I’m definitely going to keep on top of everything and we’re not going to let them force us to close unless our entire punch list is addressed first.
@almas2cents
@almas2cents Жыл бұрын
Wow this is heart breaking 😢. They seem like such a nice couple and they didn’t deserve this!
@luciana9135
@luciana9135 Жыл бұрын
I purchased a home from Lennar and closed in Nov 2021 also. Lennar delayed my closing a couple of time, and I was upset because I sold my house and I have to pay rent for the delay. Lennar did recognize my last month rent and gave me the reimbursement ($2500) - It is in a community in WPB Florida. I did have a realtor and also, I did hire an inspector while the construction was going on, and I also had inspected when we did the walking through. We still found some issues, but they were minors, thanks G*d for that. I still live in the same house, and I haven't had any issues (at least no major issues) I personally removed the whole carpet in the 2nd floor and put laminate floor. It was disgusting the amount of dust that was left behind. Nails and other building debris. I feel sorry for this couple that went through a very rough experience. I have not written a review anywhere, this is my first opinion regarding Lennar, so many customers like me do not post review.
@ericmings
@ericmings Жыл бұрын
Lennar has their own in-house financing which doesn’t require you to get a home inspection...i bought a new home as well but not from lennar i had an inspection done before close and ill also do one before the one year warranty expires its a good idea
@lindajohnson.
@lindajohnson. Жыл бұрын
Never buy any type of home new or existing without having an inspection. So important.
@scottd8624
@scottd8624 Жыл бұрын
How would an inspector help? They caught the issues and Lennar promised to fix them. Additionally, the damage and/or defects were covered under their warranty. The couple's only mistake was trusting a big corporate home builder such as Lennar.
@ericmings
@ericmings Жыл бұрын
@scottd8624 yeah I went with a local builder for that reason I had my house inspected multiple times before close and any issues I had were caught and addressed...it's better to have a home inspection than to not have one at all and find issues after the fact like this couple had to endure
@OrlandoMiner
@OrlandoMiner Жыл бұрын
Crazy! Alot of damage
@gillz666
@gillz666 Жыл бұрын
Really sorry to hear this.. unscrupulous and real estate go together it seems.
@siriusstarlight9881
@siriusstarlight9881 Жыл бұрын
Hang in there everyone keep using one another as a self built community support system ❤
@sheilagrace565
@sheilagrace565 26 күн бұрын
This is by far the worst situation I have ever heard - specifically because it is a new build - and I'm no baby, no stranger to rehabbing old homes. I expect to find Anything in old rehabs; not square, uneven floors, missing exterior casings, bad roofs, old wiring & plumbing and worse. This story gave me a sinking feeling in my stomach knowing the $$$, how bad large predatory companies can be and the fact that it's a New Build!
@misfitGazelle
@misfitGazelle Жыл бұрын
As a collateral underwriter that reviews appraisals for new construction every day, this makes me so upset and angry for our clients. I'm thinking about submitting videos like this to senior leadership at Rocket to see if there's something we can do to help prevent situations like this from happening. For example, maybe we require a structural inspection for all new construction loans rather than just a final inspection with the appraiser. Then we require the builders to correct all issues before we allow our clients to close. Then maybe another inspection after 6 months before the builders warranty wears off. It's so upsetting to see stories like this but it's 💯 needed to inform and bring attention to the issue!
@joegjengdahl
@joegjengdahl Жыл бұрын
I have no expertise in qny of this but i have heard enough horror stories of pulling permits to never want to have to pull them. That being said what building inspectors signed off on the building permits for this thing? They should be personally prosecuted for malpractice. I mean obviously Lenar messed up but they were also allowed to bring rhis thing to "completion" by the local building department.
@slycooper7541
@slycooper7541 Жыл бұрын
i feel so bad for them this could have happened to anyone this is literally a nightmare
@theodoreboosalis
@theodoreboosalis Жыл бұрын
I won't get a Lennar home - always wondered about these guys. Sorry to the folks who went through this. Always get all the inspections, title, everything - that's insurance on the purchase.
@bibirasheed6676
@bibirasheed6676 Жыл бұрын
I am a homeowner currently living in a Lennar built home in the Tampa Bay Area of Florida and I will tell anyone who is contemplating buying a new home to NEVER BUY a Lennar home. I really feel for this couple because I encountered similar experience when I purchased my home. We purchased our home cash & we went through months of frustration to fix all the problems. I spoke with the Director of Customer Care and did nothing for me. I still have all the emails and I eventually had my attorney send them a letter and still got no resolution. They did try to fix a few problems but never reimbursed us for the cost of expenses we incurred. DO NOT BUY LENNAR!
@tiger8938
@tiger8938 Жыл бұрын
It is really nice of you to help the poor couple
@tthomas
@tthomas Жыл бұрын
So BASICALLY they are building an entire house a 2nd time. Wow
@Portodan3482
@Portodan3482 Жыл бұрын
@Real Estate Mindset, I hope you got a good lawyer. Lennar will sue you for this video. Thank you for being real and bringing these issues.
@alekpd2940
@alekpd2940 Жыл бұрын
Thank you sir
@ReynaDPerez
@ReynaDPerez Жыл бұрын
This situation makes me question all builders going forward. Basically empty promises. Sad.
@corporatemaq
@corporatemaq Жыл бұрын
This was horrible!!!! Once again Big Corp takes advantage hard working people. Smh... this really made me feel bad... I would have never imagined a new home build would be this bad. Smh. They look so drained... smh... I pray that theold inspection comes back with good results. Good luck to you both...
@Donotoverleverage
@Donotoverleverage Жыл бұрын
Why would a buyer not use a realtor considering that the seller pays for the buyers real estate agent? Also why would anyone not get a home inspected that they are going hundreds of thousands of dollars in debt for
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