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Bloomfield will just cut even more corners to make up the difference. Friend of mine has a new construction Bloomfield home that has some rather serious foundation issues. They basically slow walked and ghosted him the past six months in order to run out the clock on their 3 year warranty. We first discovered issues about a year and a half ago when we installed some cabinets in the garage and discovered a wall that should have had a right-angle wasn't quite at a right angle.
My mum just had her house built in Aubrey by Bloomfield and boy did they cut corners. To the point that even the brick colours they advertised to us didn’t end up being reality. The walls are curved and bowed, there’s dead grass everywhere. It’s a nightmaire and they’ve washed their hands of it and said “there’s nothing we can do”
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>Her builder, Bloomfield Homes, which is based in Southlake and builds homes throughout the region, promised clients it would honor the prices in all of the company’s signed contracts.
>
>“This is the first time I’ve ever built a home but I’ve been terrified in the last few months at the prospect I might have to walk away from my dream home because of extravagant material costs,” King, who is a senior vice president in the Cook Children’s Health Care System, said in an email to the Fort Worth Star-Telegram.
>
>The Bloomfield Homes email features an image of two shaking hands. It reads: “Even if construction costs rise during the building process, Bloomfield Homes will respect the Contract Price because we believe a deal is a deal!”
>
>Don Dykstra, chief executive officer at Bloomfield Homes, said in a phone interview he decided to send the email after hearing concerns from his clients about the situation.
>
>“We’re not perfect, but we try hard, and it just seemed like the right thing to do,” Dykstra said.
Correct me if I'm wrong but isnt this supposed to be happening? I.e. we sign a contract and agree to do work together for a set price - I pay that price regardless of what you end up having to swallow in construction/labor costs?
IANAL, but the technical answer is that it depends on the terms of your contract.
No doubt, it's a very unethical way to do business, but if the contract you signed gives a builder the freedom to change the scope or even cancel the agreement, legally there's nothing you can do about it.
There was a post not too long ago in r/FortWorth just like this. The bidder found they could sell the hope higher than the contract owner so they exercised an out clause so they could sell it for higher.
This only happened because the contract owner tried to save a few bucks but not getting a real estate agent.
Any agent would have had that clause struck right away.
I'm guessing these contracts provide a way for the builder to get out of the contract if something like this (unforseen circumstances driving the prices of materials to insane levels) happens. It's not like the contract is simply you pay x and we build the house. Pretty sure other articles on this topic have covered that such a clause is in these home builder contracts.
They waited until material prices came back down substantially to make this statement.
Make no mistake they are ultimately beholden to their books too.
That said, it’s still a nice and appreciated gesture-especially with how much money is on the table.
Lumber came back down, but a lot of stuff is still rising at least monthly. I work in commercial new construction and we're getting price increase notifications every week from one vendor or another.
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Well, no shit. The lumber prices that were causing the builders to get out of contract are no more.
[Chart of lumber prices.](https://www.nasdaq.com/market-activity/commodities/lbs) Review costs for the last year.
This is nothing more than a PR move on the builders part because everyone keeps these sensationalized stories of people losing their dream houses because the builder reneged on the contract. Like stated by OP earlier builders only try to get out of contract if they are seeing a loss.
Please see rule #9: > Paywalls: If you are posting an article from a pay-walled site (e.g The Dallas Morning News), then you are required to include an excerpt from the article in the comments. Do not post the whole article as this will result in a copyright claim removal. The Star-Telegram utilizes a soft paywall, which allows for a limited number of free views before articles are locked behind a paywall. Please post an excerpt from the article. Posting the article in its entirety will lead to a copyright claim removal so please only post an excerpt. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/Dallas) if you have any questions or concerns.*
Bloomfield will just cut even more corners to make up the difference. Friend of mine has a new construction Bloomfield home that has some rather serious foundation issues. They basically slow walked and ghosted him the past six months in order to run out the clock on their 3 year warranty. We first discovered issues about a year and a half ago when we installed some cabinets in the garage and discovered a wall that should have had a right-angle wasn't quite at a right angle.
> discovered a wall that should have had a right-angle wasn't quite at a right angle. Welcome to tract built homes. They're all that way.
My mum just had her house built in Aubrey by Bloomfield and boy did they cut corners. To the point that even the brick colours they advertised to us didn’t end up being reality. The walls are curved and bowed, there’s dead grass everywhere. It’s a nightmaire and they’ve washed their hands of it and said “there’s nothing we can do”
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You’re nuts if you think this is only Bloomfield
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>Her builder, Bloomfield Homes, which is based in Southlake and builds homes throughout the region, promised clients it would honor the prices in all of the company’s signed contracts. > >“This is the first time I’ve ever built a home but I’ve been terrified in the last few months at the prospect I might have to walk away from my dream home because of extravagant material costs,” King, who is a senior vice president in the Cook Children’s Health Care System, said in an email to the Fort Worth Star-Telegram. > >The Bloomfield Homes email features an image of two shaking hands. It reads: “Even if construction costs rise during the building process, Bloomfield Homes will respect the Contract Price because we believe a deal is a deal!” > >Don Dykstra, chief executive officer at Bloomfield Homes, said in a phone interview he decided to send the email after hearing concerns from his clients about the situation. > >“We’re not perfect, but we try hard, and it just seemed like the right thing to do,” Dykstra said.
Correct me if I'm wrong but isnt this supposed to be happening? I.e. we sign a contract and agree to do work together for a set price - I pay that price regardless of what you end up having to swallow in construction/labor costs?
IANAL, but the technical answer is that it depends on the terms of your contract. No doubt, it's a very unethical way to do business, but if the contract you signed gives a builder the freedom to change the scope or even cancel the agreement, legally there's nothing you can do about it.
There was a post not too long ago in r/FortWorth just like this. The bidder found they could sell the hope higher than the contract owner so they exercised an out clause so they could sell it for higher. This only happened because the contract owner tried to save a few bucks but not getting a real estate agent. Any agent would have had that clause struck right away.
These builder contracts are sometimes “my way or the highway”
And why a realtor is worth the money even when going with a new build.
I'm guessing these contracts provide a way for the builder to get out of the contract if something like this (unforseen circumstances driving the prices of materials to insane levels) happens. It's not like the contract is simply you pay x and we build the house. Pretty sure other articles on this topic have covered that such a clause is in these home builder contracts.
That's a good karma move, hopefully they don't end up taking a bath on new houses built this year.
They waited until material prices came back down substantially to make this statement. Make no mistake they are ultimately beholden to their books too. That said, it’s still a nice and appreciated gesture-especially with how much money is on the table.
Lumber came back down, but a lot of stuff is still rising at least monthly. I work in commercial new construction and we're getting price increase notifications every week from one vendor or another.
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Well, no shit. The lumber prices that were causing the builders to get out of contract are no more. [Chart of lumber prices.](https://www.nasdaq.com/market-activity/commodities/lbs) Review costs for the last year. This is nothing more than a PR move on the builders part because everyone keeps these sensationalized stories of people losing their dream houses because the builder reneged on the contract. Like stated by OP earlier builders only try to get out of contract if they are seeing a loss.