Complaint Review: Sotherby-Shaddock Development - Plano Texas
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- Author Confirmed
- Sotherby-Shaddock Development shaddockdev.com Plano, Texas U.S.A.
- Phone: 972-985.5505
- Web:
- Category: Builders & Contractors
Sotherby-Shaddock Development Sotherby Steals Tens of Thousands from Innocent Buyers!! Plano Texas
*UPDATE Employee: Sotherby Homes Update - None of the other companies are involved in this issue
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We were building a Sotherby home and it was foreclosed on last month. We tried to contact Sotherby and Peter Shaddock Jr to get our earnest money refunded. Peter Shaddock Jr will not return phone calls or emails. We are not investors in Shaddock Development and expect to receive the cash we gave them for the house they did not sell us back. The Shaddock family has Shaddock Development, Saxony Homes, Sotherby Homes, Shaddock Homes now, Capital Title, and Willow Bend Mortgage. There is money there to refund innocent buyers caught up in their bad business practices. I work for a living and cannot afford to throw that kind of cash away.
I know there are probably a hundred people in the same boat and would love to find a way to settle this. We just want our money back so we can move on and purchase a home for our family! They have now opened back up the same old Sotherby model in our neighborhood and renamed themselves Shaddock Homes. So they are open for business and taking more innocent peoples cash every day. We also found out on the home we were building that not one of the contractors from the dirt up was ever paid and it was 95% completed! How do these people sleep at night??!!
Rmc
Little Elm, Texas
U.S.A.
This report was posted on Ripoff Report on 01/29/2009 03:06 PM and is a permanent record located here: https://www.ripoffreport.com/reports/sotherby-shaddock-development/plano-texas/sotherby-shaddock-development-sotherby-steals-tens-of-thousands-from-innocent-buyers-pla-417844. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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#1 UPDATE Employee
Sotherby Homes Update - None of the other companies are involved in this issue
AUTHOR: Sotherby Media - (U.S.A.)
SUBMITTED: Monday, June 29, 2009
Sotherby Homes Update
Sotherby Homes has ceased operations. This unfortunate event is the result of our lenders suddenly and unexpectedly curtailing our available credit due to the national banking crisis. We sincerely regret the fact that this situation prevented our company from completing some homes and has resulted in inconvenience for our valued customers, realtors and vendors.
The only business of Sotherby Homes was new home construction and it is in no way related to any other company using the Shaddock name or other enterprises owned by members of the extended Shaddock family. The unrelated Shaddock businesses continue to operate successfully, as they have for many years, in the building, development, title and mortgage-related industries. The extended Shaddock family members are not and have never been involved with Sotherby Homes.
Sotherby has established a single e-mail address: sotherbyupdate@gmail.com for any issues not covered on this website. Please note that we do not have a staff to handle these inquiries so there may be a delay in receiving a response. Please check this website first to make sure your question has not been addressed here.
Please scroll down this page for additional information on specific issues.
Offices
Sotherby no longer maintains a corporate staff and cannot accept telephone calls. Furthermore, Sotherby no longer maintains a corporate office, including its former offices located at:
2400 Dallas Parkway, Plano, 75093
19111 North Dallas Parkway, Dallas, 75287
5601 Democracy, Plano, 75024
Contact Information
See bottom of this page for contact information.
Warranty Issues
Each Sotherby Home that was completed and sold is most likely covered by a warranty. Warranty information is included in the package of information each homeowner received at closing.
Most homes are protected by a third party warranty provided by:
Home of Texas customers:
Phone: 717-561-4480
Fax: 717-561-4494
E-Mail: home@homeoftexas.com
Lien Issues on Closed Homes
It is our intent to make every attempt to resolve lien issues on homes closed by Sotherby Homes. It is our goal to have this complete on or before October 1, 2009, or within 60 days of receiving notice of any lien issue. If you have a lien issue, please advise Sotherby Homes in writing.
Trade Partners
Sotherby apologizes for issues affecting our trade partners and subcontractors due to our shutdown. Sotherby is making the resolution of vendor issues on homes closed by Sotherby a top priority and we hope to have all of these issues settled in the near future.
For past due invoices and other issues related to accounts payable, please email invoices to sotherbyupdate@gmail.com
Contact Information
Please direct all legal matters to:
Sotherby Homes
5960 W. Parker Road #278-336
Plano, TX 75093
Note: legal issues should be addressed in writing and not via e-mail.
News media inquiries:
sotherbymedia@gmail.com.
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