Home builders continue to get more aggressive in this market where there isn’t enough homes for sale and they can’t build fast enough to meet demand. The latest proof is the Land-Matching Program at K. Hovnanian Homes.
“Everyone wants to build the home they’ve always wanted, but not everyone has a piece of land to build it on,” said Joel Lazar, director of sales and marketing at K. Hovnanian Homes’ Build On Your Lot division in a recent press release. “To help bridge that gap, we developed this innovative new program to match homeowners with a home site. This is a complimentary service that we offer with no strings attached. Whether you are looking for a peaceful countryside setting or a bustling cityscape, there is an ideal piece of land that’s just right for you. Let’s match you to it, then let’s build on it together.”
My favorite part is this exact process was essentially outlined to me by a K. Hovanian associate at the Delaware model-center about five years ago when we were discussing options for a mutual customer. K. Hovanian is in the business of building homes and this marketing effort is a nice tool to assist in the purchase of the land and building the house together in a single-mortgage (I assume).
“From selections and financing all the way to move-in day and beyond, we promise to be by your side every step of the way,” said Lazar. “K. Hovnanian® Homes is committed to quality and takes great pride in delivering a 100 percent complete, inspected and move-in ready home. We also provide thorough New Home Orientations by knowledgeable New Home Professionals once the process is complete.”
If this is interesting to you, then call C.G. Boyce Real Estate Co. at 740-990-9748 and we’ll visit the design studios in Sunbury or Wooster with you to help you be represented in this transaction.
The Ohio Supreme Court has sided with buyers who sued their builder for damages they claim resulted from some sort of magnetic field that exists in their brand new house. The lawsuit was thrown out by two courts based on some fine print in the contract until the Supreme Court reversed the earlier decisions in a 7-0 ruling.
The Ohio Supreme Court has reinstated lawsuits against a home builder for magnetized homes.
Here’s what happened
Shortly after buyers purchased a house from Centex Homes in 2004 they began having problems with their computers, TV’s and phones. The problem was believed to be caused by the builder ‘s use of steel trusses instead of wooden ones. Somehow these steel trusses had become magnetized and emitted a magnetic field that resulted in all the electronics in the house going haywire.
The buyers sued the builder for costs they incurred in replacing all their electronics under the theory that the builder failed to construct their home in a workman like manner. The buyers found out that another couple was also suing Centex over the exact same problem and their cases were consolidated.
The builder successfully had the cases thrown out by the Franklin County Court of Common Pleas based on a clause in the contract that said the buyers waived all express and implied warranties. This was upheld by the Court of Appeals.
But on review the Ohio Supreme Court disagreed. In a unanimous decision the Court held that a home builder’s duty to construct a house in a workmanlike manner using ordinary care is a duty imposed by law–not a warranty–and that this duty can’t be waived. In reaching this decision Judge Pfeiffer stated “The duty does not require builders to be perfect, but it does establish a standard of care below which builders may not fall without being subject to liability”.
So what happens now?
The case goes back to the Franklin County Court of Common Pleas for a trial on whether the builder met this duty.