1 EXHIBIT 99.1 October 3, 2001 Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 Ladies and Gentlemen: We have been furnished with a copy of the response to Item 4 of Form 8-K for the event that occurred on October 1, 2001 to be filed by our former client, Newmark Homes Corp. We agree with the statements made in response to that Item insofar as they relate to our Firm. Very truly yours, /s/ BDO Seidman, LLP BDO Seidman, LLP - 4 -