All Forum Posts by: Shannon D.

We signed a contract with a builder 14 months ago and we just got a new price of 35% higher than what we originally signed for. They are blaming the inflation and permit delays. The exact language in our contract is: "Seller shall be obligated to complete the property no later than two years after the date buyer singes this agreement except for delays beyond reasonable control of seller caused by acts of God or other matters that qualify under impossibility of performance principles recognized under the laws of State of Florida, in which case the completion date shall be delayed by an amount of time equivalent to the delay beyond the reasonable control of seller cause by acts of God or impossibly of performance matter. " 

The builder is using this clause and wants to either cancel or raise the price. 

Has anyone had any success in this situation to challenge the builder specially with the second part of the language (impossibly of performance matter)?

Has anybody purchased any new construction properties through Real Wealth Network over the past few months? 

@Donovan Feist Thanks for sharing your initial experience with Wealtheability. Their fees seem to be rather high for someone in your situation. We appreciate if you keep us posted after your meeting with the CPA. 

Do you by any chance know a good property insurance company and a good inspection company for Marion Oaks, Ocala?

@Greg O'Brien: Thank you very much.

@Greg O'Brien: I was reading reviewes regarding Wealthability and came across your messages regarding the AICTP. Do you know how we can get connected to a CPA located in Southern California who has gone through the AICTP training ? Does AICTP refer to the CPAs itself? Like others in BP we are looking for a knowledgeable CPA in our area without paying thousands of dollars that Wealthability charges upfront.

Thanks a lot in advance for any input,

@Pam Krull Thanks a lot for your feedback. That was very helpful. Now that you brought this question up, where in Marion Oaks is safe or more desirable to hold properties?

Does Marion Oaks, FL have a higher growth rate or Silver Springs Shores, Fl? Which area is more desirable for single family investment and have a higher rental demand?

Thanks a lot for your responses. They were very helpful.

My husband and I are thinking about buying a new construction in Ocala. We have a few questions as we are not from the area: 1. Are Marion Oaks and Silver Springs good areas to invest? 2. What are the pros and cons of each? 3. Is well-septic a disadvantage for a property in Florida making it less desirable to rent/re-sell? What is the average appreciation in Ocala and how does this compare to other parts of Florida such as Nort-Port or Cape Coral? Thanks a lot in advance. Shabii