K. Hovnanian Homes reviews specifically around DC?

Question

My wife and I are looking to buy a new home in DC from K.Hovnanian Homes with a delivery date of June 2016. On line reviews from around the country aren't positive. Few reviews at all are local to DC though. Part of me feels that only those with bad experiences would post reviews for a builder online. Am I ignoring an obvious mistake by choosing to look at it this way? Would welcome reviews as well as thoughts on how to parse this information.

Russell Brazil · Answer

We just had a thread about this recently. (Posted below).

A few things I would caution is that you need to be ready to hold a new contruction home here longer in order to recoup your investment. If it is in a location with lots of new construction, like Clarksburg, you may need to hold up to 10 year. As a new construction home you are paying a premium that a resale buyer will not pay, especially if there are new construction homes nearbye. I see many new construction buyers who try to sell pretty soon after purchasing (2 years) and have no idea why they cant sell the house.

The other thing to consider is many new construction home buyers think they do not need an agent. The ones who do not use an agent get themselves into worse trouble. They have no idea how much of a seller subsidy they can get without MLS access. They dont know how much in upgrades they can get. I would say the typical new construction home buyer who does not use an agent leaves about $20k on that table.

https://www.biggerpockets.com/forums/794/topics/23...

K. Hovnanian Homes reviews specifically around DC?

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