Parsons and Company Parsons & Company Our Worst Home Buying Experience Ever!!! Edmond, Oklahoma

Disclaimer: Everything stated herein is strictly my opinion and my perspective of how things happened.

We came across Parsons and Company while looking for a home in the Sweetwater Springs neighborhood in Guthrie, OK.  The first time we met with Parsons and Company to show us some of their homes, we met the builder Scott and his wife Renee, and they seemed friendly and were nice to work with.  However, as soon as we were under contract for one of their homes, the attitude of the builder and his wife shifted quickly.

The contract that we signed for our property was contingent on our home selling, and up until a week before closing, everything was going fine.  About one week before closing, the buyers of our home had an issue with their financing and needed the contract to be extended for another week.  Parsons and Company agreed to extend for another week, but when the deal completely fell apart the following week, things changed...

After the buyers of our home ended up having their financing fall through, we asked Parsons and Company to extend our contract so that we could have some time to sell our home a second time.  We let them know that we had every intention of purchasing the home and were even willing to pay some of the carrying costs for the time it took to sell our home.

At this point, Parsons and Company started making all kinds of outrageous demands and became bullies, in my opinion.  Some of the offers they made were:

1. Extend contract for 45 days, but if we don't close than we would owe them $5k. We obviously refused that.

2. Their second offer was to extend for 60 days, and if we didn't close we would have to pay them $7k.  Again, completely absurd so we refused.

Ultimately we ended up walking away from the deal because, in our opinion, Parsons and Company gave us no other option.  We ended up losing about $3,000 on the deal from things we had already put into the house and paid for.

We also had to retain the services of an attorney just to get our earnest money back, as they would not release it to us when the deal fell apart, even when the contract clearly stated that we were entitled to our money back.

In my opinion, the owners of Parsons and Company were extremely hard to work with and completely unreasonable when the first deal fell apart (at no fault of ours).  If I had to go through this process again, I would stay far away from Parsons and Company!