• Report: #854469

Complaint Review: JIM WALTER HOMES

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  • Submitted: Thu, March 15, 2012
  • Updated: Thu, March 15, 2012

  • Reported By: James & Angela — Buckatunna Mississippi United States of America
JIM WALTER HOMES
P.O BOX 31601 TAMPA, Florida United States of America

JIM WALTER HOMES WALTER MORTAGE CO SOLD A 10 YEAR OLD HOME THAT NEEDED MAJOR WORK IT WASN'T WORTH THE PRICE THEY ASKED TAMPA, Florida

*Consumer Comment: Wow! That's a lot of money!

*Consumer Comment: How many of these problems showed up on your walk through before purchase?

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We was approve for the home in 2007 but i didn't tell use the home was built in 1999 an the note was 695.13 a month with 30 years. there was no up stairs rails to hold on to doors want close with hitting the frame. every thing moves when you walk on the floors the tv shakes. Floors are very weak windows want let up the AC unit don't work weak flooring at top of steeps can't get it fix cause the woood is up under a wall leading down stair case. I paid for 4 years on this home then my pay off was still 65,000to pay off but it wasn't worth it. I had a contractor to add a room an he found more problems that I can't afford to fix it was a defeated in some of the material the home was built withlike my porch the post is whooped you have to see it and walk on the floors to notice the foundation is bad kitch floor look like you going down hill it was cost more then the house was worth to fix all thats damage.

This report was posted on Ripoff Report on 03/15/2012 03:50 PM and is a permanent record located here: http://www.ripoffreport.com/r/JIM-WALTER-HOMES/TAMPA-Florida-33631/JIM-WALTER-HOMES-WALTER-MORTAGE-CO-SOLD-A-10-YEAR-OLD-HOME-THAT-NEEDED-MAJOR-WORK-IT-WASN-854469. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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#1 Consumer Comment

Wow! That's a lot of money!

AUTHOR: Adolph - (USA)

You alude to being obligated to pay $695.13 for 30 years. That's a quarter of a million dollars! With all the foreclosures on the market, that'd now literally buy a mansion.
.
One must remember, when the dealer refers to a "manufactured home", that's just the new catch phrase for a house trailer. There is no (nor has there ever been) a mobile home....err.

...Manufactured Home that'd last for 30 years...or even close to that. Upon reaching the age of 10 or 15 years, (sometimes sooner)  they're generally uninsurable.
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A manufactured home / house trailer depreciates just like a car. Maybe a little slower, but unlike a conventional HOUSE, it will ultimately become worthless. Just like a car. And sadly, there aren't any "classic" house trailers.  res ipsa loquitor.

The biggest change to house trailers is removable tongues, no tail lights or license plate bracket......and to be honest, they ARE built slightly better. I know. I live in one in my Florida domicile. I try to avoid the term "trailer trash". 
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Modular homes can be a different story.
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#2 Consumer Comment

How many of these problems showed up on your walk through before purchase?

AUTHOR: Ken - (USA)

I see one basic problem with this deal, YOU bought it and apparently didn't even go through it, or you wouldn't have bought it, right?

"We was approve for the home in 2007 but i didn't tell use the home was built in 1999 an the note was 695.13 a month with 30 years".
What does the year of construction have to do with anything?
What's the significance of the $695.13/month note got to do with it?

Did you read the paperwork at closing, or just sit there looking dumb?

I think I figured out what you're saying, but your report is more than a little hard to decipher....almost illiterate.
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