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PulteGroup, Inc. Message Board

  • wilson2207 wilson2207 Aug 31, 2004 9:24 AM Flag

    Satisfaction rating/NAHB blasts Datelin

    While trying to obtain some substance behind the 90% new house buyer satisfaction rating posted by homebuilder_watcher on the KBH board I came across the following:

    May 17, 2001 NAHB Blasts Dateline�s Report On New Home Warranties. "Dateline�s April 17 report was a one-sided and unfair portrayal of the home building industry and 10-year insured warranties on new homes. It sensationalized the issue and served only to needlessly alarm prospective home buying consumers."

    I tried without success to find the rest of the story behind the statement above. If anyone can provide a link I would like to read the NAHB response.

    "Sensationalized the issue..., neelessly alarm prospective home buying consumers."?

    I wish that when I entered the den of a corporate/public new house builder I would have had the opportunity to be 'needlessly alarmed'. I wish the 'sensationalized' issue concerning the business practices of the corporate/public new house builders had been brought to my attention.

    Who in their right mind is willing to assume the risk of the unlucky 10% (questionable statistic, by the way) of unsatisfied new house buyers?

    Do not let the largest investment of your family's life become a financial and emotional nightmare. How much are you willing to risk? Financial security in your retirement? Your kids' college education?

    IN MY OPINION, THERE IS NOT A LEGAL PRODUCT AVAILABLE IN THE MARKETPLACE TODAY THAT CARRIES THE DEGREE OF POTENTIAL FINANACIAL AND EMOTIONAL RISK FOR THE PURCHASER AS DOES THAT OF A NEW HOUSE.

    Visit Homeowners Against Deficient Dwellings, HADD.com, HOBB.org, Homeowners For Better Building, WESH.com, Building Houses: Building Problems, Consumer Reports' research study: Housewrecked--link available at the HADD web site, 10 Things Your House Builder Won't Tell You, www.smartmoney.com/consumer/index.cfm?story=tenthings-jan00, How To Prevent A New House Nightmare, www.lakesidepress.com/dreams/section4.html, Shoddy Building in the Housing Boom? Business Week April 25, 2003, www.businessweek.com/bwdaily/dnflash/apr2003/nf20030425_1874_db035.htm, ourrylandhomes.com(use google.com for this one: our ryland homes), paltryhomes.com, jdpowers.com, drhortonlemonhome.com, home.att.net/~pulte/usefullinks.html, badbusinessbureau.com/reports/ripoff1371.htm, mybadhouse.com/pages/1/index.htm, Home sweet crooked house, money.cnn.com/2004/06/09/real_estate/buying_selling/homedefects/index.htm, www.bankrate.com/brm/news/real-estate/BuyerGuide2004/fthb-blog-archive.asp#crack, and ANY search engine (your builder's name, lawsuits, defects, complaints, etc.), to examine the 'ISOLATED','ANECDOTAL' nature of this issue, and to gain insight into the dubious innuendo and business practices of the corporate/public new house building industry and to protect your financial and emotional interests. Reading the court cases available on-line is a good idea, too.

    Your due diligence is only effective BEFORE the fact.
    I wish you well.
    Read more:

    www.philly.com/mld/inquirer/news/local/7803801.htm

    "Hovnanian's letter to the homeowners claims that 'when there is a problem, we make things right,' " Spatz said. "After several years and a long legal battle, I am still waiting for that to happen."

    Believe what you want. Protect your interests before the fact. Do not make the mistake that I did. Justice delayed, justice denied?

    "Freedom, democracy, rule of law, these are the safeguards for coping with human nature",Clifford May, president of the Foundation for the Defense of Democracies.

    W

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    • well now, regarding the japanese real estate bust, wasnt it greenspan himself that made sure this WOULDNT happen?

      as I recall, DEFLATION is the greater enemy according to greenspan,

      remember, DONT FIGHT THE FED.

    • Hey r8..., How about a few comments for the benefit of the other stupid, or 'stuipid' people, who may benefit from the 'needless alarm' and 'sensational' Dateline report?

      While trying to obtain some substance behind the 90% new house buyer satisfaction rating posted by homebuilder_watcher on the KBH board I came across the following:

      May 17, 2001 NAHB Blasts Dateline�s Report On New Home Warranties. "Dateline�s April 17 report was a one-sided and unfair portrayal of the home building industry and 10-year insured warranties on new homes. It sensationalized the issue and served only to needlessly alarm prospective home buying consumers."

      I tried without success to find the rest of the story behind the statement above. If anyone can provide a link I would like to read the NAHB response.

      "Sensationalized the issue..., needlessly alarm prospective home buying consumers."?

      I wish that when I entered the 'den' of a corporate/public new house builder I would have had the opportunity to be 'needlessly alarmed'. I wish the 'sensationalized' issue concerning the business practices of the corporate/public new house builders had been brought to my attention.

      Who in their right mind is willing to assume the risk of the unlucky 10% (questionable statistic, by the way) of dissatisfied new house buyers?

      Do not let the largest investment of your family's life become a financial and emotional nightmare. How much are you willing to risk? Financial security in your retirement? Your kids' college education?

      • 1 Reply to wilson2207
      • Of the 10% that are not completely satisfied, what portion of those are upset, but are not in the class of those that think they got screwed?

        What percentage of new home owners are in the postition that feel they need to sue the builder?

        You can play up anecdotes and individual stories. You can bring up badbusinessbureau.com, yet when it comes to hard statistics, you come up emtpy.

        While you feel the need to be the consumer advicate for new home buyers, your posting of the same info over and over doesn't help anybody except maybe your own lowered self-esteem.

        Remember, "Stuipid is as stuipid does". (typo inferred)

 
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