245 views

Guy E. Gimenez - Broker

  • 31 Helpful Answers
  • 103 Answers
  • 1 Question
Broker at The PowerHouse Group
Experience:
Broker / Owner for The PowerHouse Group January 1999—present
Independently owned and operated real estate brokerage firm serving all of Travis, Williamson…
President for CMG Group, LLC May 2003—present
Professional real estate investment firm serving the central Texas region. We purchase…
... show more
Specialties:
High level Buyer and Seller representatiion
Certifications
& Awards:
Certified Residential Specialist (CRS)
Accredited Buyer Representatibe (ABR)
... show more
Interests:
fishing, boating, relaxing on the beach
Testimonials:
"“Guy made the entire process of buying and selling a house an exciting and smooth experience. As long as he is in the real estate business, I will have ... show more
Guy E. Gimenez - Broker answered:
Welcome to the world of new home builders. Home builder contracts (in general) are the most one-sided contracts in the market place. I typically explain to my clients that once they sign the builder's contract, the builder can just about put a pitchfork in their head and there won't be much the buyer can do about it. The contracts are just that one-sided.

A few months ago, one of my clients went through the same thing with a builder. He eventually went to his bank, found that his check had not yet been cashed (it hadn't) and immediately cancelled the earnest money check he had paid the builder. Prior to this I advised him that this left him with clear liability should the builder choose to force the issue. Fortunately, the builder never even called him back about the cancelled check. I think I would seek advice of counsel ASAP since you're not clear on the terms of the contract you signed.

I would like to tell you different, but with every builder contract I've ever worked with, I doubt you have many options at this point. - Earlier today

Contact Guy E. Gimenez - Bro...

Guy E. Gimenez - Bro... is a member of Trulia Voices:

Get the inside scoop on your area and home buying and selling.
Ask and answer questions about real estate.
Build your profile and contact home buyers, sellers and agents.
Flag this profile Report this profile
 
Copyright © 2009 Trulia, Inc. All rights reserved.   |   Fair Housing and Equal Opportunity
Help us improve our service—send us feedback