All Forum Posts by: Vinod Moorthy

Hello Naresh - can you pls share the details with me?

Bottom line is - we have all lost the deposit and have no idea how to get it back irrespective of who the builder is.  Trust me I am not alone here.

Wagner - I did not want to drag this any further  - you keep saying you are available for any help but again if you think we will come to you for any real estate help after bring in this situation for 3 years, you are missing the point :). Just to be there to respond to messages saying you are available does not help. Unless you can influence the builders to return our deposits like you made us get into this deal with them as we trusted you, the matter has not moved an inch for folks like me. I will rest my case here.

Sebastian - let me give you more details so you are aware. The builder who took the 20% stopped responses and claimed he was bankrupt. 

Finally after a 2 year wait Wagner got in another builder as replacement who provided two plots as replacement. Apparently those two plots after a year we realize does not even belong to this new builder, so bottom line the money is as of now lost. The plots are in some other owner name. Am here just to let folks know of my experience so others are careful when they get into this. Better to buy a home that is ready to move is the learning I got from all this.

Wagner - I have to be honest, to get you to respond to email has not been as easy or get you on call. When you do come like i stated above you offer all the support over email or call but words help so much! and you keep saying you don't make any commission again that does not help us. We have put our 20%  in my case for two properties and we lost it technically, so whoever makes or not does not help us. If you really can help, you should get a legal team for us and help us fight this battle together. On this forum i am just saying what I am going through with no bias so others don't undergo what me or other like me have gone through. I have spoken to multiple folks in my same state. 

Again, if I get help and this is resolved, trust me i will be here the very next day/hour and post it as well. We got to the builders through you and we obviously look to you to help us get off it with no financial loss.

Let me be very honest, be very careful when you go through Wagner. All he will do is always appear to be supportive, once the contract is signed/paid by us and then things delay over 2 years and more - he will appear helpless. You will keep hearing that he will support you in all ways and means in emails and in forums - but actually there is no support. I have been in a situation where i paid 20% for my two properties and it is 3 years now and even yesterday Wagner promised me all support on email when i tried to reach the builder and addressed him as well, i don't know what support though :). I know multiple folks in my same situation, so i just caution you all to be careful and not go through the experience we went through. 

Always get a home that is fully complete and ready to move in, that is my 2 cents from all this experience.

If anything changes in my case i will definitely post here and keep you all informed. If i do get help i will gladly post here like i posted my bad experience.

Wagner - you have offered alternative on the 2 properties I had with you which i waited for 2 years and now it is almost another year and there has been no updates from your side or any help to expedite. I am into my 3rd year waiting on both properties with zero help, always you say you are available but what is the point when there is no concrete update or help to expedite knowing we trusted you going into these properties. And still you send flyers and advertisement to my email on your other properties :)

Just a caution if any of you are reading, i know a lot of other also in my same boat having paid the 20% and stuck with no updates and hoping some day, god knows when, we may get our properties all done. I will be honest when i do get any positive update or progress but as of now it is all quiet with nothing happening.

Wagner - you had a call with us a month back with alternatives but after that again we have not seen any update on next steps. Would you be able to let us know what is next to take this ahead?

I am not part of either the Bennah Oaks or the Nathi construction. I got into this mess as I got an email from Wagner in September 9, 2021 when they send me an email regarding new construction at Ocala. The email said they will do 16 homes in the below configuration. If anyone else in this group is also in my same category and waiting for their home update kindly let me know so we can go together on this. I unfortunately blocked two plots and paid 20% for both and now it is almost 2 years and there is no response at all from Wagner or the builders :(

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The house will come with stainless steel appliances including a dishwasher, hood, refrigerator, and range.

3 Bedrooms2 Bathrooms2 Car garage 1323Sq/ft
The price of this property is $198,000.00 with a 20% due at contract and the remaining 80% could be paid via conventional financing or cash.

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I am having a similar challenge as well, I had paid the 20% for couple homes in Ocala in 2021 and it is now two years and the dates have just got extended multiple times. In fact finally Wagner put me directly with builders saying he is helpless and not getting updates. I finally had to follow up with the builders and they don't even respond. Honestly, I wish I never got into this. 

The trust Wagner build in the calls and videos just broke down into pieces and now I have no clue on either of my properties or status. If this helps anyone i will be glad. I suggest you be extremely careful before you put something on a property that is a future builds.