Can Levitt & Sons Builder's Word Be Trusted? - Brokerblogger

6/21/09 UPDATE:  Seasons Clubhouse had a grand opening on 6/20/09.  To see it, here is a map. 

On 4/13/07 (over 30 days ago) Mr. Bob Daurity (Division President Levitt & Sons, LLC) sent my wife and I a letter returning our $5,000 deposit check, and said:  "Also included are copies of your travel expenses for our Fly & Buy program, totaling $511.18.  The check for the above listed amount will be sent from our corporate office in approximately thirty days.  If you have not received this check by May 15, 2007, please call 843-357-6627."

Details of why our Real Estate (Lot #201/401 Grand Cypress Way, Murrells Inlet, SC) check was returned are in my last blog post entitled "Levitt and Sons Marketing Problems".  So, this morning I called the phone number given me and left a message as instructed to do.  The message was not a complaint, yet, as the situation is not really a problem, yet.  But, I can't help wondering if "The check is in the mail" syndrome won't start happening.  The reason is this Sun-Sentinel.com 5/11/07 article entitled "South Florida housing firms offer gloomy forecasts for rest of year".  It says:  "Both TOUSA Inc. of Hollywood and Levitt Corp. of Fort Lauderdale offered gloomy short-term forecasts and wouldn't predict when conditions might improve."

Can Levitt & Sons, LLC word stand the "test of time"?  Only time will tell, but here is an indication of what could happen.