EDITORIAL OPINION: Home Builder Profits will be Greater |
Pulte-Centex Homes
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Sunday, 19 August 2012 |
EDITORIAL OPINION: Home Builder Profits will be Greater
The history of homebuilding is littered with controversy. The industry has successfully perfected the art of marketing illusions of not so well-built new homes with emboldened promotions that overstate values of worthless warranties. Dishonesty proved to be highly profitable on the way to becoming giants of the home construction industry, but proved to be mere pocket change compared to its major roll played in the world market of big time mortgage fraud; proving that crime does indeed pay...As Investment Bankers and Wall Street Tycoons are called to answer before Congress, their homebuilding counterparts are conspicuously absent to explain their massive lending fraud that played significantly in the collapse of the nationâs economy.
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Blackstone: Pulte's First Lemon Buy Back |
Pulte-Centex Homes
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Thursday, 16 August 2012 |
Pulte House #1 Buy Back
The home owners, Jim & Martha Blackstone, closed on their Pulte home on June 20, 1997 and immediately began to have lots of problems with their Pulte home. |
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Pulte Homes Under FBI Investigation |
Pulte-Centex Homes
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Wednesday, 01 August 2012 |
FBI looking into Fairhaven
An FBI
official said it has begun a probe into whether Pulte Homes
intentionally concealed information about unstable soil conditions in
the Fairhaven subdivision on Builder's Certification forms. The forms
must be filled out by the home builder when a home buyer applies for a Federal Housing Administration-insured mortgage. âThis is a preliminary inquiry to gather facts to see if it warrants a full-blown investigation,â said Special Agent Erik Vasys, spokesman for the San Antonio FBI office. The inquiry is being conducted by both the FBI and the U.S. Department of Housing and Urban Development, which oversees the Federal Housing Administration. |
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Pulte Builds on Cemetery Land in Nashville |
Pulte-Centex Homes
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Friday, 27 July 2012 |
1800s family laid to rest once more
Twenty-year-old Sheila Carter was first buried beside her family
members in 1889. Dirt and vegetation hid her tombstone until Brentwood homeowner Steve
Jones ran over it with his lawn mower two years ago. A team of seven archaeologists is now moving Carter's body and eight
others from the Jones' back yard into a small cemetery nearby. Nashville developer Pulte Homes, formerly Radnor Homes, is paying for
the removal of the bodies, an arrangement reached in Chancery Court last
month. According to state law, landowners cannot sell land with graves on
it without informing the buyer the bodies are there. |
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Pulte-Centex: After Five Years, 4,317 Sun City Homeowners Struggle with Defective Homes |
Pulte-Centex Homes
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Friday, 20 July 2012 |
Hundreds of Sun City homeowners seek answers on class-action lawsuit
Hundreds of Sun City Hilton Head homeowners crowded the Bluffton High School auditorium Thursday for an update on a class-action lawsuit claiming rampant defective stucco work in the retirement community. Lawyers who hope to represent them said they expect the five-year-old case to move forward in the courts soon. Sun City residents may see people taking pictures of their homes soon if they haven't already noticed them, Seekings said. That's because lawyers are already preparing to send 4,317 "Right to Cure" notices to Pulte, he said. |
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Pulte Homes Foreseeable Hazards |
Pulte-Centex Homes
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Thursday, 12 July 2012 |
FBI, HUD investigating Fairhaven homebuilder
The FBI and the U.S. Department of Hoursing and Urban Development are investigating whether a builder lied on HUD forms for the Fairhaven neighborhood. The agencies are looking into complaints that Pulte Homes improperly filled out builder's certification forms. There's a separate form for every house, and they're required so homebuyers can receive government-backed mortgage loans. One section of the form asks about foreseeable hazards or adverse conditions. Among the questions it asks: Does the site have inadequate surface drainage, unstable soils, excessive slopes or earth fill, and will the foundation sit on fill? What Pulte does not want the
public to see
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Pulte Homes Hiding, Patching and Ignoring Home Problems |
Pulte-Centex Homes
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Thursday, 12 July 2012 |
Shifting and shuffling: Fairhaven residents say foundations are slipping
Obviously itâs not just the soil. Itâs that something has seriously gone wrong here,â said Janet Ahmad with Homeowners for Better Building, a non-profit group that is seeking tougher state and local laws for home-builders. Ahmad said the foundation problems mask a deeper problem: that Pulte built the Fairhaven subdivision on land unsuitable for homes. She is critical of Schertz city leaders for not addressing the dozens of homeowners who crowd city council meetings to complain. What Pulte does not want the public to see
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Homeowner just wants house bought back |
Pulte-Centex Homes
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Thursday, 12 July 2012 |
Fairhaven homeowners upset with conditions of houses
There was a crack in the floor that runs the width of the house. The crack is a quarter-inch wide or more in some places. Two tiles buckled up an inch in the living room.
Ruiz said Pulte was out at the house to fix the tile four previous times before they finally replaced it all -- that was before the latest crack.
The walls have cracks, all marked with blue painters tape and notes marking the day of the crack. What Pulte does not want the
public to see |
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Pulte's Damaged Fairhaven Homes |
Pulte-Centex Homes
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Thursday, 12 July 2012 |
Fairhaven residents ask County Commissioners for help with damaged homes
A group of homeowners from the Cibolo area is asking the Guadalupe County Commissioners Court for help. Donna Fitzgerald, a resident of the Fairhaven subdivision on the west end of the county, told county commissioners Tuesday morning that she and her neighbors are asking for help because they are frustrated with the Schertz City Council and Pulte Homes for failing to solve, or helping to solve, the issue with the foundations cracking on so many homes in their neighborhood. She says they've been dealing with damaged homes for months.
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Shertz Texas: Pulte Homes Cracked and Broken |
Pulte-Centex Homes
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Monday, 09 July 2012 |
Pulte Home Foundation
Failure Epidemic
According to Money
Magazine, Shertz is listed as one of the Top 100 Cities to live but things are
not as advertised or cracked up to be. Homeowners in the Fairhaven are wondering why foundations in their community are
failing so quickly and at such an alarming rate. It is not uncommon for houses
8 months old experiencing failure on 4 to 5 or even 6 foundations in in a row
on one side of the street are failing.
Then across the street the same thing is happening. The next street and the next street
homeowners are comparing notes about the crack throughout their homes. "We are tired of Pulte giving us one excuse
after another and doing nothing," said one homeowner. Others say Pulte has made repairs for the same
thing as many as 5 times for the same problems only to return again. My tile has been replaced 3 times and the
foundation is splitting in half. Pulte Clear Cut, Pulte Foundations split in two;Pulte Walls That Fall, Pulte's Tall Walls with No Foundations at all
See alarming photos
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Express News: Federal Investigtion |
Pulte-Centex Homes
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Tuesday, 19 June 2012 |
Mark Eberwine:
F. B. I. to Investigate Builder Fraud
The San Antonio U.S. Attorneyâs Office has asked the FBI to Investigate Homebuilders. This
is a much needed investigation. For too long and too often
Homebuilders have been allowed to build homes that leak and develop mold
problems. Far too many foundations have failed to properly support the
house superstructure. |
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