Centex Corp (CTX)

jstegma (99.79) Submitted: 3/31/08 11:51 AM : Start Price: $21.91 CTX Score: 7.16

I live in a Centex home, and I would not invest in a company that builds houses like this. My wife described it as "A Centex home - boring and bland." My friend said he nearly soiled himself when he saw the 2x4's that form the structure - it is a very weak home structurally. The Centex salesman was slippery and slimy and everyone in my neighborhood hates him, even though we all dealt with him 2 years ago. The Centex mortgage guy was a fraud - he told us something like we would get a $4000 rebate for choosing Centex mortgage, but then when we got to closing we saw why - Centex had stuck us with something like $8500 of closing costs on a $180k house when a bank mortgage came with only $2000 of closing costs. I will definitely have a laugh when Centex goes under. The only real question I have is which will last longer - my house or the company that built it.

Report this Post Replies: 1 | Reply