Update by user Apr 27, 2018
I received phone call from Salesperson today. Our home was sold and we will get 40k of our 45k.
I am saddened but relieved. I took a lot of time and thought in making the selections for our home. There are many features of the neighborhood that cannot be duplicated.
As plan B evolves, we have looked at other homes in the area and still compare against Shea. It is difficult to get the options we chose with the square footage at a better price in a 55+ neighborhood
Original review posted by user Apr 10, 2018
Unfortunately, my partner and I looked at Triology at Ocala without a realtor to look out for our best interests. My partner is Spanish speaking and his English dialect is not as broad as he thinks.
We wanted to purchase a house with cash: sale of his house and me maneuvering funds from rentals. What an agent would have advised would have been to enter into a contingent contract to protect our deposit. We were naïve and thought if things did not work out with the sale or we could change our mind and go for a mortgage. Unfortunately, things did not go as planned.
My partner and his ego thought he had control of everything. He listed his home too late to close on the closing date and then mortgage attempts revealed a foreclosure that had another 90 days before discharge. Taking money from investment accounts would have added 60-70k in taxes. Shea had already shown the home to potential buyers.
We still had to go through the walk through and finalize. The home was already sold to someone else. We could not close on 3/30 as agreed. They told us if anyone offered to purchase, we would have the first right of refusal and we could use the 45k for a future purchase....
Well, I guess I should have requested that in writing. No response to email at all. Looks like Shea scored a homerun. Sucker prospective buyer into a contract that is difficult to fulfill, keep the downpayment and sell it to someone else.
It would have been nice to get a return email. Sales staff are trying to save their jobs and will say anything if it meets the company goals. The home is nice and the neighborhood is appealing but the sales staff is misleading. This is not the place to go without an attorney or realtor.
I made an request for corporate to contact me. Let see how this goes
Product or Service Mentioned: Shea Homes Home Buying.
Reason of review: true interpretation of contract and consequences.
Monetary Loss: $45000.
Preferred solution: Full refund.
Shea Homes Pros: House plans.
Shea Homes Cons: Lack of accountability, No integrity.