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Old 04-28-2009, 06:39 PM
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Quote:
Originally Posted by SerenityNow13 View Post
It also depends on how the agreement of sale was worded. If it stated a title company like Hendricks Abstract, it should be in escrow. If it is made payable to THP and says deposited, not escrowed, THP has a pretty good argument in court because more than likely the buyer signed off on it however, I do not think they can win such an argument especially if they forced people into making checks payable to THP.

THP writes their own agreement of sale. THP discourages agents, lawyers, etc. from participating in any contract negotiations.

I can recall many times where a real estate agent stormed out of the office with 'potential' homeowners following behind. YOU NEED TO READ YOUR CONTRACT WORD FOR WORD. They count on you to sign it on the spot.

The only time THP worked with anyone in real estate is when they needed settlements. They would use an outside agency to market their homes.

Unfortunately it is the responsibility of the customer to read their contract, take it to a lawyer, and get the facts.

Last edited by BoundToHappen; 04-28-2009 at 06:42 PM.
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Old 08-06-2009, 12:16 PM
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TH Properties apparently has "left its debt behind" while STILL in bankruptcy Chapter 11?

See :
http://www.wheresbuilder.com/THP-Marketing-Flyer-Davidson-New-Homes.pdf


I am "Unfairly Burdened" with liens due to THP's inabilities to pay their bills :

~2k - B&F Insulation - A Masco Company
~11k - ServiceMark - A UGI HVAC D/B/A

I'm still waiting, THP :

http://abclocal.go.com/wpvi/story?se...rts&id=6845195

"We are working diligently with vendors and lenders to develop a restructuring plan that includes an agreement by the mechanics lien holders to release liens against completed homes. Our discussions have been encouraging, and we intend to see that all legal action is taken to ensure that no homeowner is unfairly burdened by these liens. We continue to specifically address this issue in our discussions. Our goal is to reach the best possible outcome for all parties as soon as possible."

Note : I am not a lawyer. Any information received from a post is just that - information. It is not legal advice.
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Old 08-06-2009, 01:05 PM
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so if you are in a planned community and your deposit "should" have been put in escrow but wasn't, the only way to get your money back is for them not to build your home??....even if that's a year from now??? How long does one have to wait before they can move on? How many temp. moves does one have to make? I have made every deadline and have done everything I was suppose to do.......THP hasn't held up to their end of the contract to date.
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