housing market: This is Getting Ugly – Coming Soon to a Builder Near You. - 06/14/09 08:48 AM
Anyone who lives in Maryland has probably read in the "Sun" and the "Aegis" about tragedy of Altieri Homes. 
Are they criminals?  Or victims of the economy.
Altieri Homes is based out of Columbia County.  They have been charged by Maryland's attorney general with taking deposits and payments from about 20 homebuyers in Howard and Harford counties without starting or finishing building the homes.
They have also been accused of failing to pay subcontractors, refunding customer's
 

 
deposits or advance payments.  Many other builders are facing the same thing, but this is the first I've heard of an attorney general getting … (4 comments)

 

Bonnie Cox

Bel Air, MD

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