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ABC Special Report
Investigation: New Home Heartbreak
Trump - NAHB Homebuilders Shoddy Construction and Forced Arbitration

 

Outrageous! Buy a New Home - Don’t Sue and Shut Up
Homebuilders will stop at nothing – Now Buyers must agree not to Speak
Beware of New Builder Clause – Homebuilder requires that homebuyer sign clauses forcing buyers to give up their constitutional rights.  It’s a decision between constitutional rights and the American Dream. 

SEE: KB Warranty Conditions - Sign A Shut Up Agreement or No Repairs
PLUS: It's Your Choice, Homebuilder Contracts - Hold Harmless  

IS YOUR STATE NEXT?
As Goes Texas So Goes the Nation 
TEXAS REGULATES HOMEBUYERS!
NEW HOMEBUYER LEGISLATION MAY BE COMING TO YOUR STATE SOON
!
How Texas Home Building Industry shaped the Texas Residential Construction
Commission (TRCC) and regulates new homebuyers

Worth Repeating: 2005 Knoweledge & Financial Responsibility Optional for Builders
Friday, 22 March 2013

Homeowners storm Capitol
Janet Ahmad, president of HomeOwners for Better Building, said TRCC's Texas Star Builder Program is the main point of contention. The program allows builders to qualify as "star builders," demonstrating knowledge, experience and history of financial responsibility, Ahmad said. She said this must be made mandatory for builders instead of optional, as it is under the current system.

The Daily Texan - University of Texas
Homeowners storm Capitol
Group demands better regulation of home builders
By Varsha Naik
Media Credit: Jeremy Balkin
Janet Ahmad, national president of HomeOwners for Better Building, speaks to protesters and the media before going into the building.


Lisa Partington signed over three acres to the builder she sought to construct her home. Nine months later, only the foundation and roof frame had been completed, so she sued the builder and received a judgment of $75,000 against him for deceptive trade practice.

The builder has since registered twice with the Texas Residential Construction Commission as a good builder.

Partington said TRCC told her its legal department registers new builders but doesn't have any real power. Homeowners traversed the state Capitol Monday to correct this.

Janet Ahmad, president of HomeOwners for Better Building, said TRCC's Texas Star Builder Program is the main point of contention. The program allows builders to qualify as "star builders," demonstrating knowledge, experience and history of financial responsibility, Ahmad said. She said this must be made mandatory for builders instead of optional, as it is under the current system.

For now, anyone with $125 and a social security number can register as a builder, Ahmad said.

"Only when it becomes mandatory will this benefit the homeowners," she said.

TRCC, a government funded commission, provides Texas homeowners and the residential construction industry an opportunity to mediate differences through a neutral third party, said TRCC spokesman Patrick Fortner. However, Fortner said TRCC is still in the process of setting up the program guidelines, which are expected to be completed sometime this year.

Ahmad said most homeowners were made to sign a binding arbitration agreement when they bought houses from KB Homes. This causes buyers to give up their constitutional right to sue for defectively built homes, she said.

"You can't talk to the press, put up signs or report your problems to any agency," Ahmad said.

State Rep. Jerry Madden, R-Plano, told homeowners and members of the HOBB he would look into "how to get the legal department of TRCC some teeth in enforcing standards."

Partington said she has yet to receive the money from the builder, who now owns her land.

"I haven't recovered a dime, and he's still building houses," she said. "I filed two complaints with the TRCC, and they did nothing."

http://www.dailytexanonline.com/media/storage/paper410/news/2005/02/15/StateLocal/
Homeowners.Storm.Capitol-864232.shtml?norewrite200610211840&sourcedomain=www.dailytexanonline.com

 
 
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 Texas, First Home Lemon Law Debated in the Nation
Homebuyers Need a Home Lemon Law

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Reckless Endangerment
BY: GRETCHEN MORGENSON
and JOSHUA ROSNER

Outsized Ambition, Greed and
Corruption Led to
Economic Armageddon


Amazon
Barnes & Noble

 Feature
Rise and Fall of Predatory Lending and Housing

NY Times: Building Flawed American Dreams 
Read CATO Institute: 
HUD Scandals

Listen to NPR:
Reckless Endangerman
by
Gretchen Morgenson : How 'Reckless' Greed Contributed
to Financial Crisis - Fannie Mae

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

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Model State Arbitration Legislation
Fair Homebuyer Contract Model

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And the walls came
tumblin' down

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Warranty?  What 25-Year-Warranty?
Warranty Scams that fool the public 25 years, 50, 100 or even a “Lifetime Warranty,” what’s the difference?

PROFITABLE DEFECTIVE PRODUCTS
 
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