Hi everyone!
I have recently asked about Places Homes and I have got a few helpful insights as to who they are. The sales person confirmed that they're formed by the same top managment as Porter Davis and Places Homes is created to target the first home buyers market who needs affordable houses with good quality that PD provides.
However, I can only take his word with a pinch of salt. I have good feeling about these guys, but I need to be "sure". Is there anyway I can find out how I can do a background check on Places Homes? I just need to know if they're officially linked to PD or are they created with no ties with PD, etc etc....
My concern is to know whether they have the financial backing or capacity to stand against bankruptcy etc. I am meeting them this Sat. Is there a list of questions you think I should ask them re their company? eg - are you associated w Master Builders Assoc? are you an official subsidiary of PD or a separate legal entity w no legal ties w PD? etc...
This, I guess, would help me assess not just PH but also any other smaller builders' credibility and financial backing.
Thanks for all your tips in advance guys.
PS: Do you think the number of display homes they have in a location they're mktg is a symbol of how strong they are financially?
Cheers,
Haywire