Ryland Homes took my $8200 down payment never paid it back
We were approved to build a home with Ryland Homes, we were tolled to pay the down payment first in order to start building, ($8200) .. 2 weeks before closing on the house we were disqualified for the loan, my wife and my 2 kids were devastated.... The strange think we were tolled by the sales person (Cheryl) if we got disqualified for any reason, we will get a our down payment back... WE GOT NOTHING.
Just be careful before you build new home with Ryland Homes..
This is my story...
Zack Shamia,
zackshamia@***.com
Reason of review: Order processing issue.
Monetary Loss: $8200.
Preferred solution: Full refund.
Location: Indianapolis, Indiana
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Comments
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Same issue here in Minnesota. We could not follow through with the purchase because of a job transfer that would take us states away.
They insisted that we broke the contract because we do not follow through in closing the loan on the home.
Still fighting with them, such an exhausting experience! We would NEVER do business with CalAtlantic ever again.
We recently signed and I remember clearly on the docs, that if your financing falls through, they can look into finding you financing up to a certain rate (it's a ridiculous 6%). If you fail to qualify for the loan they find you, then and only then can you get out of the contract with your earnest money.
If you refuse the loan they find you, then you are subject to losing the down-payment. It's really clearly stated on the contract of sale.
Zach,
What was the outcome? Did you seek any legal help?
Im having the same issue now. They kept 7500 of my families money!!
Would like to know your outcome.
Thanks,
Ricky
Sorry for the delay reply... I tried to seek help but I was toled by one attorney... it will be difficult to get my money back.
is this a joke? we were "tolled" ... as in "told"
Did you ever consider he might be foreign and not have the English language down 100%?? Are you a joke??
English is not my first language... but I'm an American citizen.. I'm not sure what's that got to do with anything ..
Sorry, if I bothered you with my writing skills.... at least I speak 3 languages.. "FYI".