Builder offers to buy back homes after landslide
The builder of a San Antonio development partially evacuated after a landslide in January has offered to buy back 27 homes. Spokeswoman Valerie Dolenga said Wednesday that Dallas-based Centex Homes is offering to buy back the homes because homeowners will likely need to remain evacuated another six months. The homeowners had to leave Jan. 24 when a landslide began and a retaining wall split. WOAI 4 News Report
Builder offers to buy back homes after landslide
Homeowners Hold Protest, Ask For Help
SAN ANTONIO (AP) â The builder of a San Antonio development partially evacuated after a landslide in January has offered to buy back 27 homes.
Spokeswoman Valerie Dolenga said Wednesday that Dallas-based Centex Homes is offering to buy back the homes because
homeowners will likely need to remain evacuated another six months. The homeowners had to leave Jan. 24 when a landslide began and a retaining wall split.
Centex, which is owned by Bloomfield Hills, Mich.-based Pulte Homes
Inc., said once it has approval from city officials, it will build a new $5 million retaining wall to prevent future landslides. Construction will take six months.
Dolenga said because the evacuated homeowners will not be able to return until the work is complete, they are being offered a buy out and help relocating.
http://www.woai.com/news/local/story/Builder-offers-to-buy-back-homes-after-landslide/jvYUT1hIakafKbnYbX3crg.cspx
|