All Forum Posts by: Allen Lopez

Background:

There is a very reputable builder in Baton Rouge that is building a new neighborhood. About 3 months ago I sign a contract to build the home of my dreams. Simple 3/2 called an “Oxford” model. We agree to put it on a certain lot, certain model, for a certain price.   they accidentally pored the foundation for an “Oxford” model from 2017 which is about 20k more expensive. The builder is saying if I want the home, I have to pay the additional 20k. 

The contract say that they are allowed to increase the price if the cost of material goes up. Not if they mess up. Additionally, the contract only states that it has to be an Oxford model on that lot for a set price by a certain time (two weeks after the utilities have been turned on). There aren’t any design drawings on the contract. 

I fee like I have the upper hand and they have to either destroy the concrete slab and build the home we agreed for or give me that home for the same price. Or am I missing something?

the builder is giving me a few options:
1. Pay the 20k if I want the house on that lot.

2. Pick a different lot and they will build my house on it but that will delay closing.

3. Get out of the contract and get my upgrade money back.

anyone have a good attorney that can look at my contract to make sure I’m not missing anything? 

They mentioned that they were originally going to file an insurance claim to get that slab demo and start but the long term coast would be too much for them as their insurance would go up, have to order new material and delay the project further. 

No matter how we look at it, it’s pretty much breach of contract 

Hello, 

I have a sfh in a large lot that I would like to convert/build onto a 4plex. Has anyone ever done this? 

Any recommendations on how to approach this?

Any steps to check and get this done? Was hoping to refinance and use that to grow the property. 

Any help would be greatly appropriated.

Thank you 

@David Kelly

Any advice on how to help my friend get that?

@David Kelly

Can’t tell if you are serious or sarcastic lol

I mean I WISH I had that lol

I have a friend who is extremely hard working but has had a hard past (not criminal). Credit score is about 600-620. She is hoping to buy a small condo/townhome 3/2 around $120k. Plans to rent 2 rooms out to her friends and live in the third. Currently she pays $1000/month in rent. She doesn't have much savings. Is there any type of loan that she could get with zero down? I believe FHA requires 3% but wanted to see if there was any other options.

@Michael Gessner

Good news!! So I decided to sue her. She decided to settle before even going to court or anything. She agreed to give $25k to relocate and replace all my “lost/damaged” items.

Thanks BP

@Michael Gessner

Guessing you are a landlord. Typical answer

@Kyle J.

Yeah I agree. So the other part is that we told her 6 months ago about the leak and she did nothing so for all that time and mold started growing all over the ceiling and furniture. Now we have to throw away all our furniture. Plus isn’t there a health risk associated?

Also.....can we sue her for negligence?

@Allen Lopez

Also i forgot to mentioned that I told her and the HOA that the roof was leaking about 6 months ago and now the entire ceiling is filled with mold.