Developer Buys Back Dream Homes After Flood of Problems
Problems in a
new Collin County neighborhood are so bad that CBS 11 News has learned
that a well known developer is buying back some homes...The Gannâs said the builder promised a new home for free to compensate for the thousands of dollars they have put into this one. However, D.R. Horton is backing down from that offer, according to Gann.
Developer Buys Back Dream Homes After Flood of Problems
CBS Reporter JD Mills
See Report at:
http://dfw.cbslocal.com/2015/09/17/developer-buys-back-dream-homes-after-flood-of-problems/
ANNA (CBSDFW.COM) â Some people are calling it a housing development in hell.
Problems in a new Collin County neighborhood are so bad that CBS11 News has learned that a well known developer is buying back some homes.
Jessy Gannâs home is so undesirable her family of four is paying exactly $1 a month to live there. Thatâs her rent after the builder D.R. Horton paid off her $160,000 loan.
âIâm upset and appalled at the way theyâve handled and treated us and everyone else is at these problems,â said Gann.
CBS11 News first reported about Gann and other homeowners in April 2015. Record rainfall exposed a serious runoff problem from a hill behind recently built homes. At the time, D.R. Horton said it would address the problem. But five months later, âNothings happened with the hill,â said Erik Kennedy, whose home backs up to it also.
Kennedy hasnât convinced the builder to buy back his home but wants them to.
âThis yardâs been replaced four times,â he said.
The builder told CBS11 News itâs still working with the city and adjacent property owner on a solution and in a statement said: âWe hope to be able to start those repairs in the next several weeks.â
The Gannâs said the builder promised a new home for free to compensate for the thousands of dollars they have put into this one.
Howeveer, D.R. Horton is backing down from that offer, according to Gann.
âNow they want us to get a loan for the new home which we canât do because we spent our entire savings fixing this house,â said Gann.
An environment study and photos proved that Gannâs home was built on a spring. The family set up a go fund me account to help them move.
They said the water damage and health concerns from it arenât even worth the $1 a month rent.
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