Deborah
King Of Prussia,#2Consumer Comment
Fri, March 21, 2008
I am the wife of the builder listed in this report and find it disturbing that Patricia would choose to air her falsehoods in a public forum. These are the TRUE FACTS in this situation: 1. PA law requires a U&O if the property is going to be OCCUPIED. The K---s notified us shortly before settlement that they were not going to occupy the home after settlement but instead they were going to rent it or sell it. They committed fraud in accepting a mortgage for a primary residence that they were not going to use as a primary residence. Countrywide DID NOT require a U&O at settlement and is probably the reason why they hang up on her. Upper Merion Twp. ordinances do not require a U&O upon transfer of a property. It is my opinion that they are trying to build a case to sue Countrywide to have their mortgage reversed. 2.There has not been one interested buyer for the property possibly because they listed the house originally above the appraised value. This was public knowledge available in the real estate MLS. This past week, the Twp. requested permission from the K-----s to enter the property with my husband to inspect it and issue the U&O and the K-----s refused entry. They also have had an offer from a renter for a generous amount of rent and they refused that also. 3. In regards to the letter received by us and the K-----s from the Twp. inspector, all permits were applied for and paid for, and thus there have been no fines imposed. Unfortunately some things were missed when the letter from the Twp. was written and sent. Final "as built" blueprints have also been given to the Twp. 4. This is the second house that my husband built for the K-----s. We were friends for over 15 years. My husband included many upgrades without charge because Patricia wanted them and he wanted to please her. He also sold them the house with $250,000.00 in equity at settlement. What builder does that? After settlement they immediately put up a "For Sale" sign and then they applied for an equity loan. The first bank refused them because they saw the house was for sale. The K-----s took the house off the market, got the equity loan, and them immediately put it back on the market for sale. 5. What have we learned from this? We won't build a house for friends again and as the saying goes "No good deed goes unpunished"!