EXHIBIT 99.5



                                CERTIFICATION OF
                             CHIEF EXECUTIVE OFFICER
                         OF TECHNICAL OLYMPIC USA, INC.
                       PURSUANT TO 18 U.S.C. Section 1350


In connection with the accompanying report on Form 8-K dated as of September 9,
2002 and filed with the Securities and Exchange Commission on the date hereof
(the "Report"), I, Antonio B. Mon, Chief Executive Officer of Technical Olympic
USA, Inc. (the "Company"), hereby certify, to the best of my knowledge, that:

     1.   The Report fully complies with the requirements of Section 13(a) or
          15(d) of the Securities Exchange Act of 1934; and

     2.   The information contained in the Report fairly presents, in all
          material respects, the financial condition and results of operations
          of the Company in respect of those items required to be described or
          presented in such Report under Section 13(a) or Section 15(d) of the
          Securities Exchange Act of 1934.

Executed this 9th day of September, 2002.


                                       /s/ Antonio B. Mon
                                       -----------------------------------------
                                       Antonio B. Mon
                                       Chief Executive Officer