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Justin
My head implode


Joined: 17 May 2006
Posts: 493
Location: Atlanta

Twinmark homes?
PostPosted: Sat Oct 18, 2008 3:24 am Reply with quoteBack to top

A tipster writes in about DFW homebuilder Twinmark homes. Apparently, they have some ongoing litigation with vendors. Per the tip:

Quote:
Twinmark Homes [is] allowing their lawyers to discuss settling outstanding balances.


Regarding the size of Twinmark, the tipster says:

Quote:
4 superintendants. 6 subdivision presence. Around 80 starts a year.


We believe this is their website:

http://www.twinmarkhomes.com/

Any tips as to their status? Please post or email us at builder-feedback@builder-implode.com

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Justin @ Justin Owings dot Com @ The Mortgage Lender Implode-O-Meter
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BuilderGirl
Flash in the pan


Joined: 07 Apr 2008
Posts: 52

Re: Discussion on Twinmark Homes
PostPosted: Mon Oct 20, 2008 9:00 pm Reply with quoteBack to top

I shared a community with them at Centex, not much to say about them.

Small company that gave us very little competition, I know they had most locations in Ft. Worth.
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Justin
My head implode


Joined: 17 May 2006
Posts: 493
Location: Atlanta

Re: Discussion on Twinmark Homes
PostPosted: Wed Oct 29, 2008 12:03 pm Reply with quoteBack to top

Bumping this thread as we've gotten tips from a couple others about both ongoing litigation and possible liquidation. However, we can't disclose the tips without risking the anonymity of our tipsters -- anyone hear anything public about Twinmark?

Anyone living in a Twinmark community?

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Justin @ Justin Owings dot Com @ The Mortgage Lender Implode-O-Meter
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Justin
My head implode


Joined: 17 May 2006
Posts: 493
Location: Atlanta

Re: Discussion on Twinmark Homes
PostPosted: Wed Oct 29, 2008 4:47 pm Reply with quoteBack to top

And another tip in the mailbox:

Quote:
I [knew a person who went] to buy a new house to be built from the ground up. The sales manager told [this person] that they were not building any new homes. The banks are not loaning them any money to build new starts.


Anonymized to protect the tipsters identity.

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Justin @ Justin Owings dot Com @ The Mortgage Lender Implode-O-Meter
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Pooge
Flash in the pan


Joined: 28 Feb 2008
Posts: 90

Re: Discussion on Twinmark Homes
PostPosted: Mon Nov 03, 2008 4:44 pm Reply with quoteBack to top

Article on Twinmark:

http://www.star-telegram.com/b.....13922.html
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autopost
Schumpeter Reincarnate


Joined: 24 May 2008
Posts: 219772

Re: Discussion on Twinmark Homes
PostPosted: Wed Nov 05, 2008 3:53 pm Reply with quoteBack to top

http://builder-implode.com/ail.....11-05.html
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pstofd
Dud?


Joined: 12 Dec 2008
Posts: 1
Location: fort worth

Justin Arnold didn't pay.
PostPosted: Fri Dec 12, 2008 12:17 am Reply with quoteBack to top

Justin Arnold (owner) Twinmark stopped building in the Lakes of Cross Oak Ranch about October 2008, Some of the occupied homes have been served with intent to file lien from concrete,building supply,gutters,fencing and A/C contractors. There are three empty houses that have been for sale since February 2008 and one house that was stopped in the middle of the build.
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Justin
My head implode


Joined: 17 May 2006
Posts: 493
Location: Atlanta

Re: Discussion on Twinmark Homes
PostPosted: Mon Feb 09, 2009 8:41 pm Reply with quoteBack to top

Just reposting an anonymous comment we received by email (identifying elements removed):

Quote:
I am, sad to say, a Twinmark home owner. We moved into the house on Feb. X, 2008. This was after 3 months of delay on completing the house. I should have realized something was not right. We immediately compiled a list of over XX items that needed repair or attention. I presented this list to Justin Arnold, his sales manager and the Superintendent. I had many conversations with them concerning addressing these items. After going through 5 Superintendents in less than a year, only a handful of the items were fixed. We are now at the 1 year mark and no one will return any phone calls. I have repaired the majority of the items myself. I filed a complaint with the Fort Worth BBB and noticed last week the BBB has given Twinmark Homes an “F” rating…..

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lori7meyer
Dud?


Joined: 17 Feb 2009
Posts: 1

Re: Discussion on Twinmark Homes
PostPosted: Tue Feb 17, 2009 5:19 am Reply with quoteBack to top

We had a home built in Reata Ranch by Twin marks, we ask them to not have the home ready til may they hurried had it done in early Feb. we had our home to sell so thats why we wanted them to waitso odf course we did not get the home. the loan fail through because we would of had to have our home sold first. now I am so glad we did not get that home. I drove over there to see it and it looks like the sub. has been abandon. all of twinmark workers are gone and the model homes now people in them living and all the other homes they had built are sittin empty and ne wones being built are not finished. its a mess over there and the home i would of gotten well the people are not happy they hate it, it has alot wrong with it.
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