New Community Website - Cracked Houses.com - D.R. Horton & Vision Homes
Why have numerous D.R. Horton and Vision Homes foundations failed in so many of our beautifully designed Huffines Signature Community of Savannah Texas? Why have several D.R. Horton and Vision Home owners experienced water intrusion problems? Why have so many of us experienced this in the first, second and third years after moving into our new homes? Why have so many of us have experienced the same problems more than once after being supposedly 'fixed' by our builders? Read more...

BusinessWeek: USDA Home Loans: Subprime Redux?
Builders and lenders are dusting off a familiar pitch: mortgages with $0 down and 100% financing. The deals, which take advantage of a little-known loan program at the U.S. Agriculture Dept., are bolstering sales in some areas. These new mortgages share some characteristics with the old ones now wreaking havoc on the housing market—and critics fear lending standards could slip...  Analysts say federal loans, including those guaranteed by the USDA, accounted for 64% of sales at builder D.R. Horton (DHI) in the latest quarter.

Homeowner: TRCC solves builder's problems, not consumer issues
“The builders never come back to do the work. For five and a half years I've been going through hell,” said Dorina Corrente, homeowner. Corrente says for the last five and a half years, she’s had cracking walls, windows and floors. She also has a problem with mold. “The doctor forbids me to stay in this house because of the mold,” Corrente said. She claims she should have had some recourse through the Texas Residential Construction Commission (TRCC), but has not got the help she needed.

DR HORTON HOMES BAD FOR TEXAS, BAD FOR  THE COUNTRY
They are ignoring all warranty request from me and my neigbors...In August of 2008 we discovered mold growing above the cabinets in the kitchen. In order for mold to have grown to that extent, the leak had to have existed for some time...We could not get our warranty work started until after almost a year of being in our home...  State of Texas: 79% of DR Horton home complaints were found to have construction defects.  Read more...

DR HORTON HOMES BAD FOR TEXAS, BAD FOR  THE COUNTRY
They are ignoring all warranty request from me and my neigbors...In August of 2008 we discovered mold growing above the cabinets in the kitchen. In order for mold to have grown to that extent, the leak had to have existed for some time...We could not get our warranty work started until after almost a year of being in our home.

Residents irked by developer's requests
Requested changes to a housing development in Vacaville aren't sitting well with residents already living in the neighborhood. As a response to the declining housing market, developer D.R. Horton asked that the Planning Commission allow it to add a less expensive model to the Southtown development next to more expensive houses already built and sold...The commission did not reach a decision before press time, however, numerous homeowners spoke out against the proposal. "There are a lot of differences between the homes," explained Dan Johnson, a homeowner in the Southtown development. "It changes the character and the flavor of the neighborhood." ...D.R. Horton has already built Carrington and Barrington models, larger houses that price at more than half a million dollars. The Chelsea model, smaller and less expensive would sit next to the larger homes.

Developer Sells Land Dirt Cheap To Reap Tax Benefits
The fire sales are a silver lining in those clouds. Tax law allows companies to apply losses from land and other asset sales to past profits and reap a tax refund. More sales are expected soon because the companies can apply losses only to profits earned as far back as two years and 2006 was the last profitable full year for most builders. Horton told investors in June that it expects to receive a tax refund of $519 million over the next two years. At the end of last year, Lennar Corp. pocketed a $200 million tax refund after taking a 60% discount on its sale of 11,100 house lots to a joint venture it formed with Morgan Stanley

DR Horton Avoids Warranty Responsibility for Defective House
This Alabama Supreme Court decision regarding a defective, mold contaminated DR Horton home should convince every homeowner with a defective home to avoid Binding Mandatory Arbitration (BMA) at all cost.  As Sherry Gay Hereford and so many new homebuyers before her learned BMA is a dead end and renders a new home warranty useless and unenforceable.  For the past 12 years builders have valued BMA clauses as their “24K gold cash cow” to limit liability for building substandard and shoddy home construction.  See related BMA decision – Robert & Jane Cull and their 10-year ordeal with the generously self-serving multibillionaire political campaign donor, homebuilder Bob Perry.

TRCC No Help for Active Duty Soldier as DR Horton Ignores Warranty Responsibility
A Senior Non-Commissioned Officer in the USAF currently deployed in support of our country soldier’s response to an e-mail from Texas Residential Construction (TRCC).  James Winslow has testified at the Capitol and the San Antonio City Council on several occasions asking for help to make DR Horton accept warranty responsibility for his defective home.  Winslow and his family continue to struggle through TRCC nearly 2 years without resolution. See Jim Winslow.Statesman Blog.com  & Goodnight TRCC.  Read much more on Jim Winslow's defect house and TRCC...