Reda Home Builders

Reda Homes sold us a Dream then Stole it from us! BUYER BEWARE PLEASE THINK TWICE BEFORE PURCHASING A HOME FROM THIS BUILDER!! We signed our contract with Rick Reda on March 22, 2021, moved from Florida to Clarksville on May 1,2021 and waited for them to start building the home. Communication was little to none with this Builder, as previously stated by other clients. After several delays in closing, we got as far as our blue tape inspection and paid for our own independent inspection, which happened on the same day. We got a final closing date of April 22,2022. That day began with an email from the listing agent stating that they received the certificate of occupancy and we were cleared to close and asked what time could we close. Our Lender asked for a 1 Day extension so our appraisal could go through Underwriting, since we had a VA loan. Reda’s response was that we could sign a waiver and close. Our a Lender tried, but because we received the appraisal on the afternoon of April 21st, there was just not enough time to push it through. Our Lender begged and pleaded for the extension and the listing agent said, Absolutely No extension, closing Today or Not all All! We got desperate and asked our Realtor to send Rick Reda an amendment to offer appraisal price of the house, $388,000, offered to pay our closing costs and to extend the closing. Friday afternoon, no response. Saturday, Sunday and Monday, nothing. Then Tuesday evening at 8:15pm, we received an email from the Listing Agent stating that Rick Reda Declines our offer and asked for us to sign the attached document and he would refund us our earnest deposit as well as the money we spent in upgrades. The NDA states we would get the earnest deposit back, but never mentioned the upgrades. Also, it stated that if we had any posts on social media, we would have to remove it within 24hrs of signing it, as well as both parties not holding the other liable. WE REFUSED TO SIGN IT!!!!! We had to rush and find another home that we could close within 30days, which Singletary Homes came to our rescue (I will be posting my review on that experience). We lost our interest rate of 3.75%, we paid closing costs, we had to move out of our apartment into an extended stay and place our belongings into an additional storage unit until we could close in the new home. To date, Rick Reda still has our money and refuses to sign the official documents we sent to amend our contract, release us from our contract and refund our money. Do the right thing Rick Reda and refund us our money!

It is quite strange that this builder does not have a review option so that potential buyers can see what homeowners feel about this builder. I hope this comment can save a potential buyer from losing money. My sister contracted this builder to build her home in Mar 2021. This builder requested 3 delays and claim it was Covid issues. They did not allow the lender to do the appraisal until Apr 6, 2022 (we have the email traffic to prove this). Being that they were using a VA loan thru Reda Homes approved lender, they had to have a VA appraiser. Due to Covid, the appraiser was also short staffed so the appraisal usually takes 3 weeks but they were able to do it in 2 weeks. The lender requested a 24 hour extension so that it could go thru underwriting. Reda sent an email saying close or contract canceled, then ghost everyone so that we could not respond. We did not hear from Reda again dispite many, many emails until one week after the closing in which they request for my sister to sign a non disclosure statement saying that neither party holds each other responsible or liable for this canceled contract. Also, we were not allowed to put any negative reviews. If they did, they have 24 hours to remove it. My sister refused to sign because it is obvious that Reda homes held her responsible for the appraisal taking too long and then placed the blame on the lender. We accommodated their 3 requests for delay but they refuse to accommodate our 24 hour extension. Not only that, they insulted us with the NDA that says if we are willing to sign they would give us only our lot deposit. There was no mention to refund upgrades which had to be paid in full before they would proceed (and trust me, the upgrades were very costly). Apparently they have done this to many people, mostly veterans and military. MY sister gave her apartment 2 month notice as required by her contract. Once Reda did what they did, she tried to extend her lease but it was too late as they had already signed a contract with the new tenant. 8 days after Reda did what they did, she was homeless. She had to put her stuff into storage and move into a dumpy extended stay until they could find suitable housing. This builder in UNETHICAL and DISHONEST! They are thieves. Unfortunately, what they did is legal. READ YOUR CONTRACT OR HAVE LEGAL ADVISE BEFORE SIGNING WITH THIS BUILDER. IT STATES THAT THE BUILDER HAS THE RIGHT TO CANCEL THE CONTRACT AND KEEP ALL MONIES PAID FOR WHATEVER REASON THEY FEEL FIT. YOU ARE NOT PROTECTED. This is legalized thievery!

Horrible experience. They did crappy work. There are many problems with my home. They still haven’t fixed them for over 1.5 years. In my opinion, no person should hire Reda Home Builders to build his or her home. More details to come.