QBH Homes in Bankruptcy?

[foodcritic]

Has anyone heard or can confirm that Quality Built Homes and Marrick Homes filed CH11 bankruptcy??

[lovinmaryland]

I heard something about that last week... but not 100% sure it is true

[vraiblonde]

These builders should have considered building smaller, less expensive starter homes. All they ever want to build are these McMansions because they can ask half a mil for them. There are only so many people in any given area who can afford that sort of thing and the competition is fierce.

So I don't really feel sorry for builders who bottom out, when a little market insight would have kept them afloat.

Not saying that QBH did that, just making a general observation.

[red_explorer]

Originally Posted by foodcritic

Has anyone heard or can confirm that Quality Built Homes and Marrick Homes filed CH11 bankruptcy??

I may be wrong, but I doubt it. Quality is owned by Long and Foster.

[punjabigyrl]

Don't some of the builders file bankruptcy because they don't want to pay the money they owe!!!! I heard of a few of builders that have admitted that and ofcourse no longer building. In my opinion, I think they do under another name but don't admit it.

[Elle]

QBH has recently (last month) been doing a lot of entrance work on 2 of it's new subdivisions in St. Mary's County, if they were going to bail I doubt they would have wasted money on continuing the projects.

I heard the same rummor about Marrick but not confirmations.

[cattitude]

Originally Posted by red_explorer

Quality is owned by Long and Foster.

When did Long and Foster buy them?

[red_explorer]

Originally Posted by cattitude

When did Long and Foster buy them?

It was started by the Anastasis who own the Long and Foster in Prince Frederick. Headquarters is on 231 in business park

[cattitude]

Originally Posted by red_explorer

It was started by the Anastasis who own the Long and Foster in Prince Frederick. Headquarters is on 231 in business park

I know the owners and family.

[teambenya]

Originally Posted by red_explorer

It was started by the Anastasis who own the Long and Foster in Prince Frederick. Headquarters is on 231 in business park

That doesn't mean that long and foster owns them. That would mean that someone who owns a long and foster franchise owns them. In regards to the bankruptcy question; I haven't heard any sort of serious rumor on the subject, and if that were the case it would be pretty big news!