Comments on: Veer Lofts

By: Marc

Marc — Mon, 02 Feb 2009 22:54:15 +0000

D, Ken, and Christina,

D said: “Christina stated that she already closed, getting out of her contract is not an option for her.”

This is not necessarily the case. As I mentioned in one other place on this blog (http://seattlecondosandlofts.com/2006/07/olive-8-condo-seattle#comment-72234), I routinely present buyers looking to rescind their contracts and recover their earnest money. Most of my clients have not closed yet thus, there are numerous legal theories that might justify rescission of the contract.

However, I can think of at least one legal basis that will justify rescission of a contract and return of earnest money even after the sale has closed (thus requiring the builder to buy the unit back). There are strict time limits so if anybody is considering this option, you shouldn’t delay.

I’m more than happy to discuss this option with anyone who wishes has questions. Note, however, that I cannot provide legal advice unless and until I’ve been retained as a person’s attorney and I can never and would never guarantee success. Click on my name above to link to our firm website or call me at 206-357-4224.

By: tb

tb — Sat, 22 Nov 2008 02:15:20 +0000

I bought a flexi at Veer and to be honest I have to say I am pretty satisfied. I had several walkthroughs, and in each one everything I noted was taken care of by the time I took a second look. I even hired an independent inspector who had trouble finding anything more then the drains being a little slow to drain which was quickly fixed as well. The inspector even noted that he was impressed with some of the worksmanship, especially the electrical and plumbing (water heater). Once I moved in a few small things came up and, I was actually really surprised by how quick and responsive Vulcan was at taking care of the items. I haven’t noticed any worksmanship issues with the dry wall or flooring. I went into it realizing that the look was an industrial, “unfinished” look and thats what I was interested in. So overall I am happy, yes there were some things that came up, but certainly nothing close to deal breakers.

By: nonamous

nonamous — Wed, 12 Nov 2008 22:11:27 +0000

I am sorry to hear about this too. I know how exciting it must be to finally get to the move in stage after waiting so long. I hope that Vulcan is keeping tabs on these blogs. They are smart enough to know that word of mouth is the best advertising. And so far it’s been pretty negative.

By: BD

BD — Wed, 12 Nov 2008 06:17:12 +0000

This hasn’t been encouraging for future buyers. I was always cynical about pre-purchases, that you never know what you’ll get despite all the promises. Veer is another example of buyer beware. We had been thinking about Rollin Street too…

By: M

Mon, 10 Nov 2008 23:05:50 +0000

Christina,
Actually, you do have a warranty (I believe 90 days). If no one at the Discovery Center is listening to you, you can contact Megan Murphy, the sales manager at Vulcan. I am so sorry to hear about your experience

By: Ben Kakimoto

Ben Kakimoto — Mon, 10 Nov 2008 18:00:32 +0000

Christina, sorry to hear about your experience. Those items should have been addressed during the walk through. Though, as “D” mentioned, you’re under warranty. In your new homeowners packet there should be information regarding the warranty and submitting work orders. If not, contact the Discovery Center or the property management company.

By: d

Mon, 10 Nov 2008 15:37:05 +0000

KEN,
Christina stated that she already closed, getting out of her contract is not an option for her.

CHRISTINA,
Again, be very vocal about getting your unit fixed, Let them know you will write/blog/forum etc.etc. about your experience. I am pretty sure they wont want unsatisfied buyers scaring away other buyers. Just my 2 cents, hope it helps

By: ken

ken — Mon, 10 Nov 2008 15:25:27 +0000

I would try and et out of your contract. There are quite a few people that are walking away from their Veer purchase.

-ken

By: M

Mon, 10 Nov 2008 07:13:53 +0000

Cristina and Kevin D:

I am a dissatisfied Veer buyer. The flexi-lofts are a joke for the price. You are so right: the finishing is cheap and crooked. The cement floors are not polished all the way through the corners, which is unacceptable. The sales team told me the storage unit was functional but it is occupied with a water heather. The access to the flexi space is so badly designed – the access is blocked by the water sprinkles and a beam. and the ladder! that is the biggest joke of all.

I heard of a veer buyer who had an independent appraisal done and learned that the price for the unit was indeed much lower than the asking price and Vulcan would not back down, so they walked away.

I am so very dissatisfied with the product and with Vulcan that I have decided to walk away even when I know I’ll most likely loose my earnest money.

Please, if you are thinking about buying at veer, think again. these people at Vulcan are definitely not shooting for excellency or decency for that matter. I wonder if they have ever heard the word “ethics” related to business.

By: d

Mon, 10 Nov 2008 07:00:45 +0000

Did you do a walk through before closing? if you did, and signed off that you were satisfied, then it might be harder to get them to listen, however, almost all new construction comes with some kind of warranty for at least one year. I would be persistent in communicating your problems and find out if they fall under the warranty (the problems you describe sound they might). Good luck