HomeLatest NewsFeatured HomebuildersHome Buyer ResourcesBinding ArbitrationResource LinksSubmit ComplaintsView ComplaintsTake Action 101!Report Mortgage FraudMortgage Fraud NewsForeclosure NewsConstruction DefectsHome DefectsPhoto GalleryFoundation ProblemsHomeowner Website LinksHOA Reform
Main Menu
Home
Latest News
Featured Homebuilders
Home Buyer Resources
Binding Arbitration
Resource Links
Submit Complaints
View Complaints
Take Action 101!
Report Mortgage Fraud
Mortgage Fraud News
Foreclosure News
Construction Defects
Home Defects
Photo Gallery
Foundation Problems
Homeowner Website Links
HOA Reform
Featured Topics
Builder Death Spiral
Report Mortgage Fraud
Foreclosure Special Report
Mold & New Home Guide
Special News Reports
Centex & Habitability
How Fast Can They Build Them?
TRCC Editorial
Texas TRCC Scandal
Texas Watch - Tell Lawmakers
TRCC Recommendations
Sandra Bullock
People's Lawyer
Prevent Nightmare Homes
Choice Homes
Smart Money
Weekly Update Message
News
Latest News
HOBB News
Editorials
New Jersey
New Jersey & Texas
Write Letters to the Editors
TRCC in the News
Texas TRCC Scandal
Survey
Fair Use Notice
HOBB Archives
About HOBB
Contact Us
Fair Use Notice
Legislative Work
Your House

 HOBB News Alerts
and Updates

Click Here to Subscribe

Support HOBB - Become a Sustaining Member
Who's Online
We have 1 guest online
ABC Special Report
Investigation: New Home Heartbreak
Trump - NAHB Homebuilders Shoddy Construction and Forced Arbitration
Builder measure on ballot
Saturday, 05 March 2005
The Dallas Morning News
2 proposals aim to protect homeowners from construction flaws
Two proposed charter amendments aimed at giving homeowners protection against faulty construction will be on Frisco's May 7 ballot... "We're excited despite the delayed tactics of the city," said Carolyn Becka,... "We're pleased the amendments have been placed on the ballot so the citizens can vote on these important issues."

The Dallas Morning News  (Dallas Morning News - Builder measure on ballot)
Builder measure on ballot
2 proposals aim to protect homeowners from construction flaws
Friday, March 4, 2005
By STELLA M. CHÁVEZ
 
Two proposed charter amendments aimed at giving homeowners protection against faulty construction will be on Frisco's May 7 ballot.

The City Council made the unanimous decision late Wednesday after weeks of postponing the vote.

The propositions have sparked much debate among city leaders, homebuilders and homeowners. City officials and builders believe the measures would be too costly and cause homebuilding in Frisco to stop. Proponents say they're necessary because current state homebuilding regulations aren't helpful.

"I'm very worried about it because if it does pass, you take one of the most successful cities in Texas and the progress of Frisco will come to a halt," City Manager George Purefoy said recently.

He added that if the measures pass, for every 1 percent drop in building permits, city revenue would decrease by $100,000. If all single-family building stopped, it would amount to about a $10 million loss.

This year's total general fund revenues are about $42 million, Mr. Purefoy said.

The Frisco family that brought the issue forward is relieved by the council's decision.

"We're excited despite the delayed tactics of the city," said Carolyn Becka, whose parents, David and Carol Becka, ended up in a legal dispute with their builder over a home they bought in 1998. "We're pleased the amendments have been placed on the ballot so the citizens can vote on these important issues."

Under the proposals, homebuilders would be required to post surety bonds of $250,000 for individual homes or $2 million for multiple homes before construction permits are issued. The bonds would cover construction defects.

Builders would also be required to issue a disclosure document – before a contract is signed or money is exchanged – making buyers aware of arbitration clauses and a home's warranties and risks.

In November, the Beckas submitted 9,300 signatures to the city. The city certified the signatures needed to place the issues on a ballot in December.

The council now has the option of adding its own amendments on the ballot, but it would have to do so by Monday – the end of the filing period for the May 7 election.

Council members also could make changes to the wording, but only if the meaning or intent of the proposed amendments isn't altered, city officials said.

Mayor Mike Simpson said he doesn't expect any changes.

E-mail This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

 
< Prev   Next >
Search HOBB.org

Reckless Endangerment
BY: GRETCHEN MORGENSON
and JOSHUA ROSNER

Outsized Ambition, Greed and
Corruption Led to
Economic Armageddon


Amazon
Barnes & Noble

NPR Special Report
Part I Listen Now
Perry Home - No Warranty 
Part II Listen Now
Texas Favors Builders

Washington Post
The housing bubble, in four chapters
BusinessWeek Special Reports
Bonfire of the Builders
Homebuilders helped fuel the housing crisis
Housing: That Sinking Feeling

Consumer Affairs Builder Complaints

IS YOUR STATE NEXT?
As Goes Texas So Goes the Nation
Knowledge and Financial Responsibility are still Optional for Texas Home Builders

OUTSTANDING FOX4 REPORT
TRCC from Bad to Worse
Case of the Crooked House

TRCC AN ARRESTING EXPERIENCE
The Pat and Bob Egert Building & TRCC Experience 

Build it right the first time
An interview with Janet Ahmad

Bad Binding Arbitration Experience?
This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
or call 1-210-402-6800

 Feature: Mother Jones Magazine
Are you Next?
People Magazine - Jordan Fogal fights back
Because of construction defects Jordanís Tremont Home is uninhabitable
http://www.tremonthomehorrors.com/
You could be the next victim
Interview with Award Winning Author Jordan Fogal

top of page

© 2019 HomeOwners for Better Building
Joomla! is Free Software released under the GNU/GPL License.