Wednesday, September 17, 2008

Developer Accused Of Stiffing Subs; Mechanics' Lien Lawsuit Threatens Title To Buyers' New Homes

In Dayton, Nevada, Nevada Appeal reports:
  • In a development that is happening again and again in Dayton, homeowners who purchased new homes are facing mechanic’s liens and possibly the loss of their homes through no fault of their own. Five Dayton families are being sued because the developer of the subdivision they live in didn’t pay the contractors who built the homes.

  • Reynen & Bardis, which is facing three complaints lodged with the Nevada Contractors’ Licensing Board, including one for failure to pay bills, has not paid contractors who worked on five homes in the Riverpark subdivision.

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  • All the homeowners paid Reynan & Bardis for the homes before construction, all used First American Title Co. and all deals for the homes, priced in the low- to mid-$200,000s, were closed.

For more, see Liens continue to vex Dayton homeowners.