home builders Bella Vita

When the homebuilders whose signs you’ve seen around your neighborhood suddenly declare bankruptcy, it can give you pause. But when news of those bankruptcies opens a floodgate of customers with unhappy experiences, prospective homebuyers begin to worry even more.

After Bella Vita Custom Homes and M. Christopher Custom Home Builder filed for bankruptcy last month, we’ve been hearing from worried folks that have been considering building a new home.

The questions were consistent: “How do I know this won’t happen to me?” and “How do I avoid choosing a bad builder?”

With that in mind, I reached out to Phil Crone, executive officer of the Dallas Builders Association, to get some advice.  I’ll also share an extra step I take when choosing a contractor that can also be applied to choosing a home builder.

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Bella Vita Custom Homes set up offices all over Austin, but failed to deliver on their promises to clients according to an investigation by KXAN.

Bella Vita Custom Homes set up offices all over Austin, but failed to deliver on their promises to clients according to an investigation by KXAN. (Photo: KXAN)

According to a brand new investigative report from KXAN in Austin, Dallas-based Bella Vita Custom Homes has declared bankruptcy. The builder, after failing to pay subcontractors and losing vast sums of client money, has permanently closed and remains a target in lawsuits.

Bella Vita was founded in Dallas in 2010, with its trademark white crest on a navy blue background popping up on lots all over Dallas and the Park Cities. But just after Tracey and Joel Lackovich selected Bella Vita to build their custom home in the gated community of Spanish Oaks just outside of Austin in Bee Cave, construction slowed and problems began to crop up. That was in 2015, and since then, the Lackovich family has dealt with one nightmare after another.

But what can be done to protect a homeowner from a less-than-honest builder? Not much, the story alleges.

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