Real Estate News: Bella Collina Homes Are Drastically Losing Value

Dwight Schar, the owner of Bella Collina Florida, is involved in additional businesses like NVR, Inc. (NYSE: NVR) which sells under Ryan Homes, NVHomes and Heartland Homes brands. Dwight Schar’s businesses seem to be under congressional investigation as many homeowners feel scammed.
Investment Troubles In Bella Collina Real Estate?
SMYE HOLLAND NEWS site banner

Source: SMYE HOLLAND NEWS

Real Estate News: Bella Collina Homes Are Drastically Losing Value

Don Juravin, a resident of Bella Collina in Florida, informed us:

Bella Collina is owned by Dwight Schar, chairman of NVR, Inc. (NYSE: NVR).

House sold: 16012 Trivoli CirBella Collina, FL 34756

4 beds 6 baths 3,809 sqft for $785,000 including $40,000 membership for a club that is actually a wedding venue. This club membership fee is not retrievable and we don’t really know where the money is.

The math: $745,000 / 3,809 = $195

Note the land is calculated at ZERO dollars. Dwight Schar, the owner of Bella Collina Florida, is involved in additional businesses like NVR, Inc. (NYSE: NVR) which sells under Ryan Homes, NVHomes and Heartland Homes brands. Dwight Schar’s businesses seem to be under congressional investigation as many homeowners feel scammed.

NVR and its subsidiaries have fallen under the scrutiny of Congress in 2019. A USA Today investigation of Ryan Homes, a local homebuilder owned by NVR, found that both Ryan Homes and its parent company “cut corners during construction and left homeowners to deal with the defects. When concerns were raised, homeowners say the company would ignore its warranties, refuse to fix the problem, leverage any repairs into nondisclosure agreements or force customers into lengthy fights, costing them thousands of dollars.”

Not only that this house was built in 2018 and sold only in 2020 but the price per SF was set for $195 only. It seems like, despite the booming housing everywhere, homeowners recognize the problems in Bella Collina Florida and don’t want to be part of the mismanagement, residents harassment and intimidation of Dwight Schar’s employees like Randall Greene, Paul Simonson. Son, Spencer Schar, who was arrested or accused of assaulting two females, is now managing Bella Collina.

Source: https://www.zillow.com/homedetails/16012-Trivoli-Cir-Bella-Collina-FL-34756/299179572_zpid/

Share on facebook
Share on twitter
Share on pinterest

37 Responses

      1. Yeah, this is a family that is still living there. They reported that they’ve been intimidated and harassed because they decided to share their experience with the public. I’ve seen their page though. They were on the news, you’ve seen this? https://www.youtube.com/watch?v=ruVRJuaQqBs
        There were other families too with the same issues.

  1. Is anyone buying a house there at all?? Dude, I won’t be living in a house that if I tend to sell it, I’ll lose money…

  2. Is this guy Dwight Schar, all he is doing are shady businesses? I saw tons of news about him and not one was good. Ryan Homes, Bella Collina, what else?

        1. There are a lots of things sellers hide. Bella Collina has a long history of accusations of frauds, scams, retaliation, harassment, lawsuits, bribing…and if you don’t Google them or do some kind of a research, it will be too late for you after that. Just google “bella collina scam” and get your popcorn. What you’ll find there, will open your eyes for sure and you will never trust a salesman again.

    1. The club fees are ridiculous. It’s like “We don’t know how to make money, let’s take our homeowner’s money. We have a fancy club, let them pay for using it.”

      1. Yeah, it can continue: “They are already stuck here with us, they don’t have where to go, so let’s suck their budget and make them privileged about it.”

  3. Their lots are empty. They have barely, some residents… People only come for weddings and for photoshoots. That’s it! Fancy like Cinderella before midnight.

    1. Do you know what’s funny? When you call them, they tell you that the market is booming and that now is the best time for investing.

    1. It’s not just the scandals, they have a terrible approach. They are pushy and intense, and I don’t want that kind of people.

  4. This place is trouble from the start. I think that it was never intended to make it a luxury, but something else was in the mind of the investors.

  5. Without a doubt, it is a really difficult neighborhood! I’m not sure how people were able to buy homes in this neighborhood.

Leave a Reply

Your email address will not be published. Required fields are marked *