Is Horton Homes Going Bankrupt?

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steelerfan1

Is Horton Homes Going Bankrupt?

Post by steelerfan1 » Mon Nov 08, 2004 2:14 pm

I was looking at Horton and Clayton Homes as my choices and the Clayton Dealer had mentioned that Horton was going to be filing.

Any truth to this? Thanks for your time.

Mark

Re: Is Horton Homes Going Bankrupt?

Post by Mark » Mon Nov 08, 2004 8:53 pm

Doesn't seem likely.. seems more likely the clayton dealer doesn't want to lose his sale to horton...

rmurray

Re: Is Horton Homes Going Bankrupt?

Post by rmurray » Tue Nov 09, 2004 9:10 am

I have heard nothing of the sort...Dudley Horton is one of the strongest financially in the industry...

It may be true that Horton retail is closing some stores...but that would not be anything like a Horton bk..

Also there is one or two Horton excluesive dealers in GA that are having problems right now...BUT...Horton will not be bk..

If a salesperson can only sell by knocking his competition..move on...by the way..Clayton in the SE has never built as strong a home as the cheapest Horton product..

steelerfan1

Re: Is Horton Homes Going Bankrupt?

Post by steelerfan1 » Tue Nov 09, 2004 10:01 am

thanks guys.

Paul Brandt

Re: Is Horton Homes Going Bankrupt?

Post by Paul Brandt » Wed Nov 10, 2004 3:52 pm

After opening a site for Manufactured Homes, Clayton.Net began sending me virus after virus via email. I don't have an ounce of respect for their business, and your posting confirms my opinion once again.

If the other place was filing, they could still be a good candidate for your home purchase. First of all, there are several forms of filing, not all signal the end of a business, just a difficult time. Secondly, during distress a business might offer pricing that would be very attractive as well.


Paul Brandt

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