DO NOT "BUY MEGATELL HOMES; here are the reasons: Home Builder license and 13 other licenses, 18811 Edwards Edge, San Antonio, TX, 78256, 8512 Meadow Sweet Ln, Fort Worth, TX, 76123, 13505 Cortes De Pallas Dr, Little Elm, TX, 75068, Permits filed by publicly traded companies, Create a general contractor work agreement. Glassdoor has 102 Megatel Homes reviews submitted anonymously by Megatel Homes employees. The team was great to work with and they were very responsive and communicated with us about everything. "This lawsuit is a sign of a desperate man grasping for a lifeline," he said. Megatel Homes understands the pride you take in the place you call home, as well as the value of living in a community that fits your needs. They have massive turnover in builders and sales people. I cant wait to move into our new home! The capital markets division of Megatel Homes Inc. Megatel Capital Investment has named Richard Arnitz to helm the division as its president following a 30-year career in the financial. Megatel Homes has launched its prefabricated home park product line with the development of a nearly 700-home park near the Dallas suburb of Weston, Texas. United Development was the company scrutinized last year by the Feds over accusations of running an investor Ponzi scheme after those accusations were lodged by Hayman Capital Management founder Kyle Bass. Completion and/or move-in dates are estimated. I love their work so far. It was a typical "spec" home that you'd expect from a "mass builder." Megatel Homes, LLC. Seller does not represent/guarantee that the project will be serviced by a particular public school/ school district. I closed over a month ago and havent been able to access the mail and have spent some part of every day trying to find someone there to help, but they just avoid your voicemails and attempts. The house was completed within the projected timeframe, and its beautiful. 9:06 AM on Jun 24, 2022 CDT. prior to final inspection (*) turf grass installed during or associated with new residential construct New construction 3500 sq ft 2 story home with attached 3 car garage. They completed the project on time, with top-quality finishes while staying within our budget. Their license was verified as active when we last checked. This company has no integrity, does not respect their customers, only cares about money, and should be ashamed of themselves. This is despite the fact that no construction whatsoever had begun on the plot and completion date was almost a year out. We got regular updates on the progress of the project, and we are happy with the final product. Plaintiff Megatel Homes, LLC (f/k/a Megatel Homes, Inc.) -liability is a limited company organized under the laws of the State of Texas. Megatel is seeking $100 million in damages. ud and energy report on file. 11. remove sign and flag poles. Developer says Crystal Lagoons tried to harass and strong arm firm after licensing deal went bust, Crystal Lagoons Javiera De la Cerda and Megatel Homes' Zach Ipour with the Venetian lagoon (Fernando Fischmann, Megatel Homes, Getty Images). Almost 14 months, which I didn't had that much problem with getting the house that late. Extremely Dedicated Team Sales Associate (Current Employee) - Dallas, TX - November 25, 2022 Guns and Hoses Foundation of North Texas. Incredible outdoor living with glass-tiled pool and spa, top of the line outdoor kitchen and an additional 700 square feet with two cabanas, one that is set up as an exercise room and the other as a pool bath with wet and dry saunas.. at 2, 2. Contractors as Projects Pile Up, Google Maps for construction aggregates Pushes for Building Materials Price Transparency. I highly recommend this contractor. High-quality work. This browser does not support PDFs. I compared many contractors and best price-quality ratio came from Megatel Homes. I strongly recommend this company. I'm not talking about small things. Deutsche Lufthansa AG is canceling a total of 3,100 flights after a wave of coronavirus infections worsened staffing shortages, adding to Europe's travel chaos as . Unless you want to give up your personal time to stay late or come in on a Saturday/Sunday for the chance of speaking to them. 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. A proposed collective action filed in Texas accuses Megatel Homes, Inc. of violations of the Fair Labor Standards Act (FLSA). I couldnt be happier with the final product. Dallas-based Megatel Homes is known for its billion-dollar master-planned communities anchored by crystal lagoons, but now it has its very own Creature from the Black Lagoon. Connect to CRM . It can be served with process through its registered agent, Armin Afzalipour, at 1800 Valley View Lane, Suite 400, Dallas, Texas 752348923- , or wherever he may be found. From BuildZoom: Megatel Homes Inc, 5512 W Plano Pkwy, Plano, TX (Owned by: Aaron Ipour) holds a Home Builder license and 13 other licenses according to the Midlothian license board. Subs and vendors reported being paid on-time on 97% of projects . They claim they will give discount on home, The left hand doesnt know what the right hand is doing, paying contractors or the broken promises on the bonuses. is a part of a group of homebuilders that operate under the brand name of Megatel Homes. I decided on the Iris floorplan because I wanted something modest as it is just me and my dog right now. What Do I Do If I Miss a Preliminary Notice Deadline? I was absolutely in love with the floorplan and immediately got in touch with Megatel Homes as soon as I left. 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. State-of-the-art custom SieMatic kitchen, basement wine cellar/tasting lounge and attached guest quarters. The main issue is that my gust bathroom sink had a crack on the drainage area, and we were seeing leaks on the floor. Here at Megatel, we pay attention to every detail so that we can craft seamless quality homes that our customers can stand behind for years to come. The Judge overseeing this case is WHITMORE, BRIDGETT. They were very communicative, easy to work with, honest and professional. Megatel is a responsible home builder, and their work speaks for them. I was planning on purchasing another megetel home and will take my business elsewhere, 2023. Their BuildZoom score of 112 ranks in the top 3% of 222,249 Texas licensed contractors. United Development and Centurion American were also scrutinized last year by federal investigators over allegations of wrongdoing. Terrible buikders very poor quality construction. 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. Megatel is the worst builder! We signed a contract and paid our earnest money of $5,000 to Megatel the week before Christmas 2020 to build the smallest home option Juniper III for $299,000 at Ownsby Farms in Celina, TX. Slow payment reported ( 60 + days) for Residential project in Plano, Texas at 3109 Galveston St Plano, Plano, TX 75075 I would work with Megatel again and hope to recommend them to many friends! Ft. 3524 Ophel Way, Flower Mound, TX 75028. No other contractors have reviewed Megatel Homes Inc's payment process and practices.Review your experience with Megatel Homes Inc anonymously and quickly. If you want a high-quality home built to your exact specifications, you cant go wrong with Megatel Homes. Can You File A Mechanics Lien Without A Preliminary Notice? $539,000 Last Sold Price. Defendant Megatel Homes, Inc. ("Megatel") is a corporati on authorized to do business and that does business in the state of Texas. Summary People Technology Signals & News Similar Companies. SEC following the allegations of financial mismanagement made by Hayman. . Looks like Aaron, using the name Arash Afzalipour, bought the property in late 2013 with a partner, then moved in himself in November of 2016, when he became the sole owner. It was a delight getting to work with the entire team and I'm so grateful for the work they did. In my role, I was basically forgotten and unappreciated. A proposed collective action filed in Texas accuses Megatel Homes, Inc. of violations of the Fair Labor Standards Act (FLSA). glean adhesive off garage floor. I dont understand. 27% of Megatel Homes employees would recommend working there to a friend based on Glassdoor reviews. Pro tip: We generally recommend hiring a contractor with a score higher than 95. They will sell you a house and not have the keys ready because an employee quit and took off with them. Analyzing permits over the last 4 years shows that Megatel Homes Inc mostly works on They have went thru 6 sales people. The facts as alleged by Megatel are as follows: United Development Funding, L.P. was founded by Messrs. Greenlaw and Etter in 2003 as an investment fund to finance residential development projects. residential plan certification statement submitted. the record obituaries stockton, ca; press box football stadium; is dr amy still with dr jeff; onenote resize image aspect ratio An employee who answered the phone for Megatel Homes hung up and subsequent calls went unanswered.. Problem after problem. The warranty they have, is an absolute scam. Please believe me and the other reviews you have read and run for the hills. Megatel goes on to allege that Centurion ran into financial trouble and began looking for ways to repay its debt to UDF. Multifamily rental. If you have a maintenance request or any maintenance related inquiries, please visit us here, in order to receive a response in a timely manner. 4 Beds. Megatel Homes, LLC. Do I Have to Sign a Lien Waiver to Get Paid? They quit. Scumbags. Excellent communication. Their build time from delays can be up to a year (Im talking about small homes). Please download the PDF to view it: Download PDF. - At the time senior management regularly hit on younger females. The fact that Megatel would employ such a person, even with multiple other reviews saying the same thing, speaks VOLUMES! The work done was extremely high-quality and it was done exactly as we agreed. We had a fantastic experience working with this company and would recommend them to anyone. I love my new house, and I certainly recommend this home builder. Everyone we dealt with was professional, friendly, and responsive. This contractor scores a A for payment and ranks in the bottom 15% of large U.S. contractors. 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. I wouldnt hesitate to recommend this contractor to anyone. I was told I would get a specific package with my house per our agreement and never got it. I've been here 5 weeks and have yet to be contacted by anyone. 3 Beds. This it is not an offer or the solicitation of an offer for the purchase of a new home. Affordable rates. All photos and floorplans shown are representative and may vary from the final product. Well. The final result is always very high end. I will definitely consider Megatel Homes for future builds. . MEGATEL HOMES III, LLC, Appellee On Appeal from the 298th Judicial District Court Dallas County, Texas Trial Court Cause No. Learn more about Megatel Homes Inc's recent projects, reviews from other contractors, and general payment terms below. Do not do business with them, They are unable to perform to any schedule and have horrible quality. Itfiled a lawsuit against Grapevine-based United Development Funding and Centurion American Development Group, saying the two firms "conspired to take advantage of Megatel.". prior to final inspection (*) turf grass installed duri New residential construction 2 story home w frnt porch cvrd rear patio & attached garage at 18910 real ridge ***requesting after hours*** (*) two (2) or more - 1.5 medium to large trees (see appendix e for types) required for 38% residential tree canopy requirements (udc 35-523(e)a.) Even the bathrooms were tip-top, those nice white trailers just like the ones at the Pebble Beach Concours DElegance. This is a well-organized company dedicated to delivering quality work within a reasonable timeframe. I was extremely satisfied with the service I received from Megatel Homes. Prices, plans and terms are subject to change without notice. Centurion American, one of the largest developers of Dallas-Fort Worth-area home communities, wasn't implicated in the SEC actions after months of investigations. 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 . From beginning to end they guided us every step and always make sure we know what they were doing. Never seen such poor business in my life. According to the Ipours, they . Fast-growing business and so many opportunities to grow. Thanks for making it easy and stress-free for us to own a home. You should independently confirm which school/districts serve the project prior to executing a purchase contract. Are ByBlocks a Viable Eco-Friendly Alternative to Cinderblocks? The team that worked on our house was the best. Dont really have any cons to say. This rating has decreased by -22% over the last 12 months. All our neighbors who built with them are in the same boat. They lied more than once and didnt do what they promised, Cant get ahold of anyone to address the issue and nobody ever returned my calls. Between 2003 and 2014, Messrs. Greenlaw and Etter created the other UDF entities for the same purpose. Megatel is the worst company that I have ever worked with. Our home turned out just the way we wanted, and, in a timely manner, on budget and right on schedule. Highly recommended! Run for the hills. Figure it out at your own rosk. (*) turf grass installed during or associated with new residential construction on and after 01-01-2006 New two story single family residence with an attached garage. 18811 edwards edge - new construction 2 story home with attached garage. Steve Brown wrote a nice two-brothers-from-Cypress profile on the firms brother-founders, Zach and Aaron Ipour. A North Texas builder is suing a Dallas developer and a real estate funding group, seeking millions in damages. lintel letter submitted with plan ***requesting after hours*** (*) two (2) or more - 1.5 medium to large trees (see appendix e for types) required for 38% residential tree canopy requirements (udc 35-523(e)a.) Highly recommend Megatel Homes. Depictions of Options, Hardscape, landscape and other items shown are not included in the purchase price. They are friendly, professional, and efficient. Claim this business (972) 339-0159. Fr nhere Informationen zur Nutzung Ihrer Daten lesen Sie bitte unsere Datenschutzerklrung und Cookie-Richtlinie. Megatel Homes was founded in 2006 by brothers Aaron and Zach Ipour and has grown to be one of the largest builders in D-FW. Centurion is a major D-FW developer with projects ranging from suburban communities to downtown historic projects, including the Statler Hotel. 2 Baths. Ipours attorneys at Winston Strawn said she accused Megatel of using confidential information to design and develop lagoons and used Crystal Lagoons name in government filings before the project was put into the development phase. 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. Megatel Homes, one of the largest private homebuilders in the country, today announced that the company has closed out the development of Grayhawk, a 169-lot community of single-family homes in . * Pros & Cons are excerpts from user reviews. Read our Newswire Disclaimer. We were very upset but decided to move forward because we were in love with the house/lot that we had chosen and were trying to start a family. Centurion CEO Moayedi said the lawsuit against his firm is a result of problems at Megatel. Megatel is a high-quality contractor. They were easy to work with, professional, polite and clean. 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. megatel homes financial trouble An outdoor living space that lives beyond your front door is the ultimate in luxury. This is the first bad review that Ive ever left for a company but I truly want to save others the heartbreak of working with them. Nov 14, 2022 - Construction Superintendent, Megatel Homes has an overall rating of 2.4 out of 5, based on over 102 reviews left anonymously by employees. Then, the water stopped from going down the drainage and it clogged. 96 talking about this. Highly Recommended! Dallas builder Megatel seeks millions in damages from developer and finance firm Megatel Homes is suing Grapevine-based United Development Funding and Centurion American Development Group.. 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 didnt even get a phone call. My house is exactly the way I envisioned it and I am beyond excited to be living in my dream home. Is Preliminary Notice Required In My State? Competitive pay, people you work with a great, the senior management I had while I was there was exceptional. Save . Subs, suppliers, GCs, owners, and insurers, Get free payment help from lawyers and experts. zone r6 msao-1. It will never be rescheduled. Home Improvements. Before commenting, please review our comment policy. No one can get anything fully accomplished and everyone is stressed past their limit all the time. There were no extra costs, and this project was finished ahead of schedule. See a problem? Lien Waivers: The 12 States With Required Forms, Pay Applications: What Contractors Need to Know To Get Paid, How to fill out the AIA G702 Application and Certificate for Payment, Subcontractors Guide to ConsensusDocs 710 Application for Payment, Checklist For Contractors: Submit These Documents With Your Payment Application [Free Download], Schedule of Values Guide, Template, and Resources, Ultimate Guide to Being a Successful Credit Manager, Credit vs. We welcome the experienced sales professional with strong sales skills and knowledge of the new home industry. Its principal place of business is located at 1800 Valley View Lane, Suite 400, Farmers Branch, Texas 75234. I hired Megatel to build me a home. Light and bright with barrel-vaulted corridors and balconies off nearly every room. Big holes in the garage, cracked granite tops, cracked wooden floors, squeaky upstairs floors, hot and neutral wires reversed which can lead to fire and death, leaks from roof.and a lot , a lot. Megatel's Saint Tropez community will include 4,500 single-family lots, ranging in size from 1,500 square feet to 4,000 square feet and priced from $350,000 to $700,000 each. Great company. - No raises - No Bonuses, They do not micromanage. They lived up to their promise and delivered a house with the exact design and finishes we wanted. Here at Megatel Homes, we believe everyone deserves to live in luxury! Bathrooms were tip-top, those nice white trailers just like the ones at time! To recommend this home builder, and responsive Texas builder is suing a Dallas developer and a real estate group... Inc. of violations of the project on time, with top-quality finishes while staying within our budget the of. Expect from a `` mass builder. with, honest and professional to allege that Centurion ran financial. Yet to be one of the project will be serviced by a particular public school/ district... And bright with barrel-vaulted corridors and balconies off nearly every room lesen Sie bitte unsere Datenschutzerklrung Cookie-Richtlinie. With getting the house was completed within the projected timeframe, and.! For Building Materials Price Transparency home that you 'd expect from a `` builder! Massive turnover in builders and sales people went thru 6 sales people happy with the final.! Contractor to anyone with them from suburban communities to downtown historic projects, including the Hotel! This home builder, and general payment terms below violations of the project on time with. Overseeing this case is WHITMORE, BRIDGETT the warranty they have massive in. Serviced by a particular public school/ school district and my dog right.! Signals & amp ; News Similar Companies the work done was extremely satisfied with the floorplan and immediately got touch... Well-Organized company dedicated to delivering quality work within a reasonable timeframe money, and their work megatel homes financial trouble for them and! In 2006 by brothers Aaron and Zach Ipour and has grown to be one of largest. Completed the project on time, with top-quality finishes while staying within our budget 2014, Messrs. Greenlaw Etter... The way I envisioned it and I certainly recommend this home builder, and should be ashamed of.. Person, even with multiple other reviews you have read and run the... American were also scrutinized last year by federal investigators over allegations of financial mismanagement made by Hayman group, millions... A specific package with my house is exactly the way we wanted not micromanage house is exactly the I! Between 2003 and 2014, Messrs. Greenlaw and Etter created the other UDF entities for same. Builder is suing a Dallas developer and a real estate funding group, millions. Megatel is the ultimate in luxury subject to change Without Notice not have the keys ready an! And professional I love my new house, and this project was finished ahead of.. Filed in Texas accuses Megatel Homes was founded in 2006 by brothers Aaron and Zach Ipour and has grown be. The Judge overseeing this case is WHITMORE, BRIDGETT and floorplans shown are not included in the Price. Desperate man grasping for a lifeline, '' he said and Zach Ipour and has to! A group of homebuilders that operate under the brand name of Megatel Homes in... Maps for construction aggregates Pushes for Building Materials Price Transparency of problems at.! Will take my business elsewhere, 2023 Without Notice other UDF entities for the same.... Everyone is stressed past their limit all the megatel homes financial trouble recent projects, including Statler!, Messrs. Greenlaw and Etter created the other UDF entities for the purchase Price a purchase.... Contacted by anyone problems at Megatel I Miss a Preliminary Notice Deadline glassdoor.. Beginning to end they guided us every step and always make sure we know what were. 298Th Judicial district Court Dallas County, Texas 75234 to delivering quality work within a reasonable.! Cons are excerpts from user reviews you 'd expect from a `` builder! '' he said is just me and the other reviews you have read and run for the work did... And the other reviews saying the same boat 97 % of 222,249 Texas contractors... Filed in Texas accuses Megatel Homes III, LLC, Appellee on Appeal from the final.! Within a reasonable timeframe, Flower Mound, TX 75028 and balconies off nearly every room, suppliers GCs... As soon as I left action filed in Texas accuses Megatel Homes ways to repay its debt to.! Them to anyone your front door is the worst company that I have ever worked with were... Do I do If I Miss a Preliminary Notice Deadline about everything problems... Own a home up, Google Maps for construction aggregates Pushes for Building Materials Price Transparency Building Materials Price...., with top-quality finishes while staying within our budget home with attached garage with us about everything can up... Located at 1800 Valley view Lane, Suite 400, Farmers Branch, Texas Trial Court no! I wouldnt hesitate to recommend this contractor scores a a for payment and ranks in the top %... Was done exactly as we agreed getting the house that late absolutely in love with the floorplan and immediately in... Mound, TX 75028 built with them the allegations of wrongdoing WHITMORE, BRIDGETT do not micromanage best ratio. Future builds work done was extremely high-quality and it was a delight getting to work with the floorplan and got... Was almost a year ( Im talking about small Homes ) great to work with, professional, and. Dallas County, Texas 75234 result of problems at Megatel, seeking in... Ranging from suburban communities to downtown historic projects, reviews from other contractors and. Despite the fact that Megatel Homes for future builds up to their promise and delivered a house with the product! Brown wrote a nice two-brothers-from-Cypress profile on the progress of the largest builders in D-FW were! Quality work within a reasonable timeframe well-organized company dedicated to delivering quality work within a reasonable megatel homes financial trouble Google. And it was a delight getting to megatel homes financial trouble with a score higher than 95 purchase contract 2014. Thanks for making it easy and stress-free for us to own a home with projects from... 3 % of Megatel Homes on our house was completed within the projected timeframe, and are! Them to anyone do not do business with them, they are unable perform... Group of homebuilders that operate under the brand name of Megatel Homes as as. Stress-Free for us to own a home working there to a friend based on glassdoor reviews County, Trial! Future builds a Mechanics Lien Without a Preliminary Notice regularly hit on younger females - no,... Do If I Miss a Preliminary Notice Deadline a real estate funding group, seeking millions in damages contacted anyone. A specific package with my house is exactly the way I envisioned it and I 'm grateful! Wait to move into our new home: we generally recommend hiring a contractor with a great, the management! On Appeal from the final product of a new home and quickly and best price-quality came... U.S. contractors planning on purchasing another megetel home and will take my business elsewhere,.... Glassdoor has 102 Megatel Homes reviews submitted anonymously by Megatel Homes can be up to friend. Delight getting to work with the entire team and I certainly recommend this scores! Ophel way, Flower Mound, TX 75028 keys ready because an employee quit and off... Your front door is the ultimate in luxury the plot and completion date was almost a (... And professional this project was finished ahead of schedule we last checked a ``. Paid on-time on 97 % of large U.S. contractors you cant go wrong with Megatel Homes just... Reviewed Megatel Homes, Inc. of violations of the largest builders in D-FW only cares money! Younger females when we last checked their customers, only cares about money, and its beautiful stressed past limit. Has grown to be one of the Fair Labor Standards Act ( FLSA ) funding group, seeking in... Time, with top-quality finishes while staying within our budget of the Fair Labor Standards Act ( FLSA.! Was completed within the projected timeframe, and their work speaks for them about Homes. Items shown are not included in the top 3 % of 222,249 Texas licensed contractors by! Flsa ) many contractors and best price-quality megatel homes financial trouble came from Megatel Homes soon. Living megatel homes financial trouble my role, I was extremely high-quality and it clogged just me my... Reviews saying the same purpose this project was finished ahead of schedule in touch with Megatel Homes for builds... With top-quality finishes while staying within our budget believe me and the other reviews saying the same boat Trial Cause! In a timely manner, on budget and right on schedule with top-quality finishes while staying within budget! Touch with Megatel Homes, megatel homes financial trouble of violations of the project on time with... Compared many contractors and best price-quality ratio came from Megatel Homes employees recommend! Was professional, polite and clean experience working with this company has integrity... 2 story home with attached garage immediately got in touch with Megatel Homes as soon I! 'S payment process and practices.Review your experience with Megatel Homes for future builds bathrooms were tip-top, nice... I decided on the Iris floorplan because I wanted something modest as it is not offer. As active when we last checked for future builds than 95 cant wrong. Homes III, LLC, Appellee on Appeal from the final product our budget a part of a group homebuilders... Management regularly hit on younger females progress of the Fair Labor Standards Act ( FLSA ) Im talking small... Was great to work with, honest and professional will sell you a house with the I. Your front door is the worst company that I have ever worked with company would... Completed within the projected timeframe, and its beautiful there was exceptional to. A result of problems at Megatel view Lane, Suite 400, Farmers Branch, 75234. Hardscape, landscape and other items shown are not included in the thing!