Megatel Homes is a real estate company providing new homes in Dallas, Houston, and Oklahoma City. Centurion American is one of the largest residential developers in Dallas-Fort Worth, with many home communities scattered from Dallas, to Propser, to Aledo. 3,241 Sq. Purchase your dream home in one of our new lagoon communities! You get what you pay for. Over $68,000 in prizes has already been given out to active posters on our forum. The plaintiff claims that he regularly worked more than 40 hours per week often 55 hours or more under a pay scheme that compensated him with a flat salary, nondiscretionary bonuses and no overtime wages. Square footage/acreage shown is only an estimate and actual square footage/acreage will differ. Both wet and dry saunas! Megatel Homes, a Texas-based homebuilder that funds part of its operations through private placements offered by its capital markets division Megatel Capital Investment (MCI), has closed out the development of Grayhawk, a 169-lot community of single-family homes in the Dallas suburb of Forney, Texas. Depictions of Options, Hardscape, landscape and other items shown are not included in the purchase price. The facts as alleged by Megatel are as follows: United Development Funding, L.P. was founded in 2003 as an investment fund to finance residential development projects. Steve Brown, Real Estate Editor. We recently finalized our home purchase from Megatel Homes. Excellent customer service, quality craftsmanship, modern finishes, and competitive pricing. We would certainly work with this company in our future home construction projects. Our building permit records indicate that Megatel Homes Inc has worked on at least After another two months of waiting, we received an email from our salesman saying that due to the rising cost of lumbar they were increasing the price to $359,000 (another $40k) and cannot move forward with our contract and that they could mail our check back to us or we could pick it up at the corporate office. They only care about $$$. If I could give zero stars I would. texture and paint garage after conversion, New single family residence 3rd party inspections and plan review; north texas, New single family residence plan review and inspection 3rd party north texas. They lied constantly and will not stand behind their work. If the names of these companies sound vaguely familiar, let me refresh: Megatel Homes builds houses, townhomes, and apartments, in 100 subdivisions or more all over North Texas. $795,000. Fort Worth, TX. Megatel Homes Inc Contact Information Phone Number: (214) 505-1955 Address: 5512 West Plano Pkwy, Plano, TX 75093 Megatel Homes Inc Plano Quality 58 1st percentile How is the BuildZoom score calculated? Megatel Homes, LLC. Each individual buyer should be aware and understand what entity they have contracted with in connection with their Megatel Homes brand product. v. United Development Funding LP . I highly recommend never doing business with them. From our initial consultation with the Megatel Homes sales team, my wife and I were confident that the company would effectively handle our home construction project. I can't say enough great things about this contractor. Glassdoor has 102 Megatel Homes reviews submitted anonymously by Megatel Homes employees. United Development paid $8 million in fines to the Securities and Exchange Commission for what the SEC called misleading investors.. Keep up the good work. megatel homes financial trouble An outdoor living space that lives beyond your front door is the ultimate in luxury. Problem after problem. I dont understand. Unorganized, slow build time in old communities. Run for the hills. This company has no integrity and only greed. Megatel Homes insights Based on 31 survey responses Areas for improvement Overall satisfaction Trust in colleagues Sense of belonging Incredible Benefits and Bonuses are given to Employees Sales Associate (Current Employee) - Dallas, TX - December 6, 2022 I am lucky to work for Megatel Homes. This incident caused wastewater to make stain on the walls, leaks in the gust bathroom downstairs, and separated the baseboards and walls and made the master closet carpet wet by wastewater. We built with them and have had problem after problem. We want to make sure every home we build offers the best possible value for their money, which is why we provide extensive options and upgrades. Extremely Dedicated Team Sales Associate (Current Employee) - Dallas, TX - November 25, 2022 The team that worked on our house was the best. Feb 11, 2021, 09:00 ET DALLAS, Feb. 11, 2021 /PRNewswire/ -- Megatel Homes LLC, one of the largest homebuilders in the state of Texas, today announced that the company experienced a. It was a typical "spec" home that you'd expect from a "mass builder." Dont really have any cons to say. According to the City of Fort Worth Planning and Development, the status of this license was at one point cancelled. Accordingly, Plaintiffs assert the following seven claims against UDF and Messrs. Moayedi, Greenlaw, Etter, Wissink, and Jester: They were professional, responsive, kind, and pleasant to work with. Fr nhere Informationen zur Nutzung Ihrer Daten lesen Sie bitte unsere Datenschutzerklrung und Cookie-Richtlinie. We had to walk away from the purchase. Megatel Homes Inc, 2101 Cedar Springs Rd, Dallas, TX (Owned by: Aaron Ipour) holds a Building (Bu) license and 16 other licenses according to the Dallas license board. But don't worry about contacting upper management with the issues that are preventing you from doing your job successfully, you can't, as they are never available. Send waivers with Levelset, Typical retainage not yet submitted for Megatel Homes Inc. Share your retainage experience, Typical contract pay terms not yet reported for Megatel Homes Inc. Share your pay terms experience. 3 Beds. They will sell you a house and not have the keys ready because an employee quit and took off with them. $539,000 Last Sold Price. I was extremely satisfied with the service I received from Megatel Homes. Senior Integration Engineer - Oracle Integration Cloud. Thank you for our dream home! Can be stressful at times and a very fast-paced environment, meaning getting home late. I would work with Megatel again and hope to recommend them to many friends! I hired Megatel to build me a home. 4 Beds. From the very start, my husband and I both felt comfortable and confident working with Megatel Homes. I think that well escape without a recession: Economists Weigh in on Material Prices, Construction Financial Outlook, Months After Major Concrete Strike, Seattle Construction Projects Still Feeling Effects. How to File a Mechanics Lien: The Ultimate Step-by-Step Guide For Any State, How Do Mechanics Liens Work? SEC following the allegations of financial mismanagement made by Hayman. It feels like that the builder is waiting for appreciation and totally disrespected the contract signed. Also, very informative and communicative. All Rights Reserved. DALLAS, Sept. 9, 2022 /PRNewswire/ -- Megatel Homes, one of the largest private homebuilders in the country, today announced that the company has closed out . 27% of employees would recommend working at, According to anonymously submitted Glassdoor reviews, Megatel Homes employees rate their compensation and benefits as 2.5 out of 5. Are they asking for more lots, even though they cant close the ones theyve got? However, this information may have changed. ; Receipt: Receipt # DC-02311-2022; Description: Payment 01/31/2022 Think long and hard before dealing with this company. Our free bidding system will get you quotes from Megatel Homes Inc and 2 other top contractors. Their crew remained professional and respectful and maintained high standards of safety throughout the project. Camp Lejeune residents now have the opportunity to claim compensation for harm suffered from contaminated water. For more information on our homes and communities, please fill out of the contact form below or give us a call at, I consent to receive communications from Megatel Homes. They helped us build our dream home, and the process went smoothly from start to finish. Job Summary: A Sales Counselor with Legend Homes brings the opportunity to have a financially rewarding sales career, as a member of a team consisting of the industry's top talent. They didnt disappoint. If you are thinking of hiring Megatel Homes Inc, we recommend double-checking their license status with the license board and using our bidding system to get competitive quotes. As a result of Megatels own poor business judgement, they have an inventory in excess of 600 unfinished and unsold homes. 17 Ways a Lien Gets You Paid. We would recommend them not only for their beautiful work but also for their outstanding customer service. They are client focused, very organized and run a tight ship from start to end. I went with a Megatel Home because I knew that they are reliable contractor. No one can get anything fully accomplished and everyone is stressed past their limit all the time. Among Megatel's charges is a claim that Centurion American sold sites in its new communities that had been pledged to Megatel to other homebuilders in order to raise cash. Megatel Homes Reviews Updated Jan 17, 2023 Find Reviews Clear All Full-time, Part-time English Filter Found 100 of over 102 reviews Sort Popular Popular COVID-19 Related Highest Rating Lowest Rating Most Recent Oldest First 2.4 27 % Recommend to a Friend 39 % Approve of CEO Aaron and Zach Ipour 54 Ratings Area Sales Manager. Brewer III, partner at Brewer, Attorneys & Counselors and counsel for Megatel, said in a statement. They never built pool as promised over a year ago. * No one knows what is going on and there are constant huge changes, then all of the fallout from the change is blamed on the employees, not the ones who changed everything last minute causing a huge scramble and a huge loss of money for the company. Of interest: Aaron Ipour, co-founder of Megatel and Zachs brother, also has a luxury home building firm called Oxbridge Custom Homes. I can't say enough good things about this group of people. Showing all complaints Sort Initial Complaint 10/31/2022 Complaint Type: Problems with Product/Service Status: Answered We bought our home from Megatel in October 2020 and we had one year. We are passionate about the homes we build and we'd love to know more about your experience building or buying with us. The suit was filed by a former employee who worked for the defendant from approximately March 2016 to May 2017, and alleges he was misclassified as an employee exempt from FLSA protections. Sep 09, 2022, 13:25 ET. I wouldnt hesitate to recommend this contractor to anyone. Ultimate Guide to Preliminary Notice in Construction. They lived up to their promise and delivered a house with the exact design and finishes we wanted. Pros & Cons are excerpts from user reviews. I made the best choice hiring this company for my home construction. Figure it out at your own rosk. and they won't increase your compensation, title, or benefits for proven success?- definitely work here then. We welcome the experienced sales professional with strong sales skills and knowledge of the new home industry. Front office lady at Praire commons is rude. Candy Evans, founder and publisher of CandysDirt.com, is one of the nations leading real estate reporters. If you want a reliable builder that delivers value for the money, I encourage you to get in touch with Megatel Homes. Light and bright with barrel-vaulted corridors and balconies off nearly every room. Terrible buikders very poor quality construction. After deciding that we needed a new home, we spent several months searching for the right contractor to handle the project. On 03/07/2022 SAMUEL AGHAZIEM filed a Contract - Debt Collection lawsuit against MEGATEL HOMES LLC. Aaron Ipour built a spec estate at 9362 Hollow Way in Preston Hollow, which you can see here was a real looker at 16,300 square feet on 1.1 acres in the Honeypot Mark Cuban lives across the street. Read employee reviews and ratings on Glassdoor to decide if Megatel Homes is right for you. And Mehrdad Moayedi was there, sitting with Megatels two co-founders and the celebrity guests. Completion and/or move-in dates are estimated. Our mission is to satisfy our customers housing needs by building premium quality homes and communities that exceed our customers wildest expectations. I highly recommend this company. 3 Baths. Durch Klicken auf Alle akzeptieren erklren Sie sich damit einverstanden, dass Yahoo und unsere Partner Ihre personenbezogenen Daten verarbeiten und Technologien wie Cookies nutzen, um personalisierte Anzeigen und Inhalte zu zeigen, zur Messung von Anzeigen und Inhalten, um mehr ber die Zielgruppe zu erfahren sowie fr die Entwicklung von Produkten. We have things like holes in the garage walls, 2 bad thermostats, garage door that wouldn't work, breakers that continually trip indicating a serious wiring problem, (I have to run my refrigerator with an extension cord to keep it running), loose gutter that bangs against the house when the wind blows, missing sprinkler heads, and on and on and on. Then there is his accusation that loans in one fund were being paid off from loans in another fund. DALLAS, March 22, 2021 /PRNewswire/ -- Megatel Capital Investment, the capital markets division of The Megatel Group, announced today that the company has hired industry veteran Ross Curtis as. 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