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  1. #1

    Unhappy Builder Stealing Money from Construction Loan, Not Finishing House

    My question involves real estate located in the State of: TEXAS

    At my wits end here...builder "friend" of mine has been stealing money from the draws and not paying bills..also taking close to 2 years to build and now we need another extension to finish...there is a "contract for sale" construction contract that says he is seller and me buyer and I gather he has a lien on the property for budget amount...my signature was forged and it doesn't seem to be recorded in Dallas County where house is being built..I would have never agreed to give him so much power...essentially, seems he can take as long as he wants to build, steal money, and get off scott-free..any help would be appreciated...also, wife and I probably cannot qualify for a permant loan now as things have changed drastically...what to do??

    thanks!!

  2. #2
    Join Date
    Apr 2007
    Location
    Il.(near StL,Mo.)
    Posts
    5,252

    Default Re: Builder Stealing Money from Construction Loan, Not Finishing House

    I think you need to get yourself an attorney.

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