🚀 go-pugleaf

djdubay@ix.netcom.com (Duane J Dubay) writes:
: In <D2v9sw.5Fs@i2.COM> mithani@i2.COM (Rizwan Mithani) writes: 
: 
: >We are lookin at a spec. home by PULTE Builder, and I had some
: >questions.
: >
: >1. Any one have any  good or bad experiences with PULTE esp. in the
: >DFW area?
: 
: We decided NOT to purchase a Pulte Home.  We looked at MANY homes in DFW 
: and eventually bought a Centex in Plano.  Pulte did not seem to have the 
: same level of workmanship and quality. 
: 
: Also, another poster in this newsgroup had some bad things to say about 
: Pulte after they had moved in and Pulte refused to fix some items.

PULTE's name is mud here in the Denver area! Some friends and I were having a
party, with "A Nightmare on Elm Street" playing on the VCR. When the one scene
of the main character sinking into the "mashmallow" stairs came on, everyone
stopped talking and said: "PULTE!".

Friends had a PULTE townhouse. They were watching a plumbing crew try to install
the drain for the upstairs toilet. After shouting and name calling, they were
able to convince the foreman that the line really should not run down the middle
of the main level hallway!

<snip>

: >
: >8. How do you tactfully tell the builder that you are not interested
: >in his 100& financing schemes without putting them off. I can
: >get my own financing at much better rates than the builder is 
: >offering. I can make a good down payment, but I do not want to
: >jeopardize my negotaiting power by letting the builder know this.
: 

Don't be tactful, be blunt! PULTE had %100 financing via a wholly owned
susidiary finance company. There is NOTHING to verify that the price you're
going to pay is in any way the true market value of the house!

If you finance through a regular lender, they will want an appraisal of the
house. At least you will have some idea as to whether the price being asked is
reasonable. With financing by PULTE, the relationship is entirely incestuous.
The finance company wants you to buy the house since they work for the builder.

--
					Hasta la vista,

					Doug Bonnell   doug@kentek.com

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