P F Summers
We're building a house with PF summers at Academy Hills (the lots are small but we like the fact that there's little lawn to mow and no trees). I've done some research on them before signing and was feeling good about the purchase. Well, they didn't break ground when they said they would (did it 2 months later) and now it's taking them 6 instead of 5 months to build. I don't know if that's good or bad in the industry, but as a customer and a first time new construction buyer, I'm not very happy.
And I've come to a conclusion -- the building process is only as pleasant as the supervisor who oversees the construction. In our case, the person was not very communicative, over promised, under delivered and was very slow in general.
There were a lot of things my husband and I were concerned about during certain stages of the building process and now they've assigned a new supervisor to the project. I'm holding my breath to see how it's all going to turn out but I'm glad that PF summer is doing things about it.
I don't know if they can actually be penalized for delivering a month late (if anyone knows, please tell me) and if I can get anything from the things they did that's not per-plan.
Well, all in all I don't know if I've had a really bad experience (because it's our first construction) but I know I'm not jumping with joy at this point. I might be if they pull this one off for me and close by the end of August so I don't lose my locked-in interest rate.
One thing I am happy about is not doing the construction-permanent loan. It seems to be the way to go down here but we moved from Northern Virginia and they don't really do that there. Well, if I had the construction-loan, then I'd be worry about the interest I'm paying now, the insurance (and the vandalism that's taken place) and other stuff...