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Homeowners: Pulte Homes ignoring repair issues |
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Friday, 23 December 2011 |
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Unhappy homeowners angry with home builder
An ongoing issue between homeowners and a home building company caused controversy Monday night. People in Cibolo's Fairhaven neighborhood say Pulte Homes built shoddy houses and are trying to ignore their responsibility to fix them... Dozens of people have reported problems with their homes in that subdivision. Some have dealt with them for six months, others for five years. A representative from Homeowners for Better Building, a non-profit advocate for homeowners, was in attendance to help the group organize to get results. |
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Bexar County's 121 Substandard Streets and County Engineer Green Feel No Pressure |
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Saturday, 17 December 2011 |
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Quail Run developer goes bankrupt
Just 70 lots, but lots of headaches. Residents also blame the county, saying it's holding them hostage... Quail Run's roads still have not gotten needed repairs nor passed inspection with Bexar County engineers, steps required before the county will accept the roads for maintenance. ... “At this point, he's still a viable developer with a presence in the community,†said County Engineer Renee Green. “The street issues in Quail Run came to light as part of a review in the spring of 2010, when the county identified 121 subdivisions in unincorporated areas whose streets and drains had been out of warranty for at least two years. ... Green said county officials have not made a policy decision about how to deal with street problems... Green said the county does not feel pressured to decide immediately how to deal with Quail Run's streets. “The streets are what they are,†Green said. “They're not going anywhere.†|
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SEC: Fannie & Freddie Mortgage Fraud |
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Friday, 16 December 2011 |
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SEC sues former top execs at Fannie, Freddie
Six former top executives of housing finance giants Fannie Mae and Freddie Mac were accused of securities fraud Friday by federal regulators for allegedly misleading investors about the size of the companies' risky subprime mortgage holdings. Among those in the SEC's civil action were former Fannie Mae Chief Executive Daniel H. Mudd and former Freddie Mac Chief Executive and Chairman Richard F. Syron. They are two of the highest-ranking figures to face charges in the wake of the financial crisis.
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Pulte Walls - Pulte A No Show Again |
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Thursday, 15 December 2011 |
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Pulte faces new wall cracks in Schertz neighborhood
Builder Pulte Homes is facing homeowner complaints of shifting foundations and retaining wall cracks — again. This time, it's in the Fairhaven neighborhood just northeast of San Antonio. Homeowners say that dozens of homes in the neighborhood have had problems, everything from cracks in the walls to foundations that appear to be splitting horizontally. Some residents say they are noticing cracks starting in a retaining wall that runs along their backyards. See Related Pulte Walls features * Pulte-Centex A No Show At Meeting * KENS5 Sour Sout Construction Hills at Rivermist * Poorly Built by Pulte |
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Express News Special - Pulte-Centex Feature on Defective Walls |
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Thursday, 15 December 2011 |
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Rivermist neighborhoods mark one year since wall failure
Slumping hillside that forced evacuation was national news. Some are still in rentals.
A year ago Monday, police and firefighters swarmed a hilly, Northwest Side neighborhood issuing evacuation orders to the owners of 91 homes. The images from Rivermist of huge fault lines opening in backyards, a crumbling retaining wall and air conditioning units tearing away from homes were so bizarre — at least outside of earthquake country — that the local news went national... the 27 most-affected homes remain empty and San Antonio and Bexar County have changed development codes to include retaining walls. ...Centex bought back 22 of the 27 homes
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