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ABC Special Report
Investigation: New Home Heartbreak
Trump - NAHB Homebuilders Shoddy Construction and Forced Arbitration
DeLayed Justice: Money Laundering Texas Republican not Dancing over Prison Time
Latest News
Monday, 29 November 2010

Jury Convicts Tom DeLay for Money Laundering
Former U.S. House Majority Leader Tom DeLay, once one of the most powerful and feared Republicans in Congress, was convicted Wednesday on charges he illegally funneled corporate money to Texas candidates in 2002. Jurors deliberated for 19 hours before returning guilty verdicts against DeLay on charges of money laundering and conspiracy to commit money laundering. He faces up to life in prison on the money laundering charge.

Convicted Homebuilder Erpenbeck Stolen Money Buried on Golf Course
Latest News
Monday, 29 November 2010

Feds used wire to find buried loot from Bill Erpenbeck case
Federal agents began focusing on Skidmore as they searched for the assets of Bill Erpenbeck, who was ordered to forfeit $34 million as part of his 2003 conviction for stealing millions of dollars from banks and home buyers. Skidmore told FBI agents as early as July 2002 and again in March 2003 that he didn't know where any of the money was hidden. Skidmore then appears to have dropped off agents' radar until the summer 2009. See: ERPENBECK ENQUIRER STORY ARCHIVE

ABC's 20/20 Slams the Better Business Bureau
Latest News
Friday, 12 November 2010
Watch '20/20' Friday Nights at 10 p.m. Eastern Time
Consumer Watchdog Accused of Running 'Pay for Play' Scheme With Grading System
ABC's 20/20 is the primetime news magazine program featuring co-anchors Elizabeth Vargas and Chris Cuomo. From newsmaker interviews, to hard-hitting investigative reports, Barbara Walters exclusives... Hamas Terror Group Gets 'A' Rating From Better Business Bureau? Consumer watchdog accused of running 'pay to play' scheme with grading system.
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Licensed and Bonded? No Deals if you don't have Wheels
Latest News
Thursday, 11 November 2010

NYC Uses 'Sting' House to Nab Unlicensed Home Contractors
Today the city of New York is announcing the results of an undercover sting operation that targeted illegal contractors. The majority of states require home improvement contractors to be properly licensed, but there are still plenty of rogue companies operating. That's why authorities in New York and elsewhere are getting tough with illegal, unlicensed contractors...inspectors eventually nab a dozen companies and issue $65,000 in fines...Even more powerful, they impound their vehicles. Because you can't do any deals if you don't have wheels.

TIME: Homeownership has let us down
Latest News
Monday, 08 November 2010

The Case Against Homeownership
Homeownership has let us down. For generations, Americans believed that owning a home was an axiomatic good. Our political leaders hammered home the point. Herbert Hoover argued that homeownership could "change the very physical, mental and moral fiber of one's own children." Franklin Roosevelt held that a country of homeowners was "unconquerable." Homeownership could even, in the words of George H.W. Bush's Secretary of Housing and Urban Development (HUD), Jack Kemp, "save babies, save children, save families and save America." A house with a front lawn and a picket fence wasn't just a nice place to live or a risk-free investment; it was a way to transform a nation.

Eye Witness Wants to Know About Builder Warranty
Latest News
Friday, 29 October 2010

Dream home turns into nightmare for one local couple
Our homes, for the most part, are by far the biggest investment we will ever make. Builders give warranties with most new homes. But what would you do if you thought your builder wasn’t standing behind that guarantee? One couple called Barry Davis and Eyewitness Wants to Know...The Weisses settled on Broadway 5 Custom Homes. Almost $500,000 later, they have a show place, complete with an outdoor kitchen on a balcony. There is just one problem that returns when it rains. “[It] it continually leaks, every time it rains and it’s been a nightmare,” said Marc Weiss. The Weisses say they called Marshall, who agreed to come out and fix the problem... “In September, when we had the big rains, the garage ceiling bowed and it was collapsing," Marc Weiss added. So was their confidence in Peter Marshall. The Weisses say he wouldn’t even return their calls, but their attorney did come through.

Texas Gov Rick Perry's Big Business of State Government For Sale
Latest News
Thursday, 30 September 2010

Texans for Public Justice Report: Perry Reaps $17 Million from his Political Appointees
Governor Rick Perry has received $17 million in campaign contributions from his political appointees and their spouses, according to a new report by Texans for Public Justice.   One out of every $5 raised by Governor Perry since 2001 has come from appointees or their spouses. Read the new report at Texans for Public Justice.

Lanham homebuilder to pay $500K for violating consumer protection laws
Latest News
Sunday, 26 September 2010

Lanham man accused of taking tens of thousands of dollars in payment for homes that were never built 
The Maryland Attorney General's Consumer Protection Division has ordered Lanham-based homebuilder, Derek A. McDaniels, and his Lanham-based company, McDaniels Homes, to pay more than $500,000 in restitution to consumers and penalties to the state, Maryland Attorney General Douglas Gansler said in a press release. McDaniels must pay $448,830 back within 45 days to the 10 families who originally filed complaints with the Attorney General's office, according to the order. The Druitts are not on that list because they filed their complaint at a later date, but McDaniels was also ordered to pay back any family who can prove they paid him or his company for a home that was never built.

Newest 99 Year Developer Scheme
Latest News
Wednesday, 08 September 2010

UPDATE: Outrage Over the Most Outrageous Fee Ever
A 1 percent “transfer fee” split between Freehold and the developer of your house every time it’s sold for the next 99 years. So if you sell your house for $300,000, you’ll owe $3,000. And if 20 years later it’s sold for $600,000, that seller will owe $6,000.

KB Home Sucks Live Radio - KB Home Toxic Black Mold Coverup?
Latest News
Thursday, 26 August 2010

KB Home Sucks Live Radio - KB Home Toxic Black Mold Cover-up? KB Home Sucks Live Radio Date / Time: 8/26/2010 9:00 PM PDT Category: Current Events Call-in Number: (347) 637-3050 Mold, is it growing in your KB Home right now? 

99 Year Developer Fee Legal in Texas
Latest News
Tuesday, 17 August 2010

Government zeroes in on home developer fees
The Federal Housing Finance Agency said Thursday it's zeroing in on the practice after meeting with a coalition of real estate agents, title companies and consumer advocates that opposes it. Developers are able to collect the fees because they include “private transfer fee covenants” in their sales contracts. Under the covenant, the buyer agrees to pay the developer or an outside investor up to 3 percent of the future sales price when they end up selling the home. And for 99 years, any subsequent buyer is subject to pay the fee when they sell. Private transfer fee covenants are illegal in 18 states, but not in Texas. Related article:
Home sellers beware: Fee might be hidden

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