Out of Business
According to information in BBB files, this company is no longer in business. If you have an unresolved dispute with this company you may wish to seek legal advice.
The following describes a government action that has been resolved by either a settlement or a decision by a court or administrative agency. If the matter is being appealed, it will be noted below.
On May 23, 2012, an indictment was issued against this business by a federal grand jury in Denver, Colorado. Charges filed indicate the business owner, Peter Capra, executed a scheme to defraud mortgage lenders through the use of applications for residential mortgage loans and related documents associated with real estate purchases in the Denver Metro area. On March 24, 2014 Capra was found guilty of 14 counts of wire fraud, two counts of mail fraud, and 10 counts of money laundering. The matter is final.
A copy of the US Attorney's Office press release can be read here:http://www.justice.gov/usao/co/press releases/2012/May2012/5 24b 12.html
Let me know if I can help
Rachelle M Paplow
Broker Associate, Realtor
Cherry Creek Properties
Appraisers have estimated the presence of production houses in the Semicustom Neighborhoods of Pradera reduces property values by $80,000.00 for each home, just about the profit margin D. R Horton can expect from each production house built in the Semicustom Neighborhood.
This parasitic strategy is not new to D R Horton. The builder pulled the same bait-and-switch in the Production Community of Pradera known as the Renaissance Collection two years ago. After selling more than two thirds of the production homesites in Pradera, the builder introduced smaller homes with a price point of over $100,000 less than the original designs and built them in the empty lots adjacent to their original customers, hammering home values in an already weak market.
When the foreclosure started happening all around Vistancia, many were buying up theses properties and I've literally seen the prices go from $1.295 Million to $540k on many homes. Golden design makes a very nice home and I would recommend them to anlyone that is looking for a nice property.
Oh one last thing, we did have a leak that incident that ruined the wood floor area in the kitchen, but Golden design took care of the issue and I'm sure that the currnet owner that lives in the property will never know that this incident happened because the floor was replaced, resanded and restained. definately a quality home!
I don't have an opinion on GDG homes, I would evaluate them as any other property. We had one across from the golf clubhouse that was a Joyce custom and it was listed at about 30-40% of the highest list price. This is the softer end of prices in a soft market. Deals are to be had by qualified buyers.
Heard the HOA was going down - because of the pond. There are multiple offers on one of the properties there that is listed that I saw today!!! Largest model I think for mid 500's- sold the second largest in March of last year personally the La Bella Model for 510k-
Would have to research the values there to have an opinion :)
Rich and Donna Foerster
There were many, many Golden Design Homes sold to invest0rs a few years ago and now we are seeing the results. Most of these have never been lived in. I saw one that was about $1.2 Mil when sold the first time just go for $420K! These are deals!
Our website has a great property search feature which you can set up your self to receive email alerts of new listings, or contact me and I can set it up for you.