Headline News

STURM v. HARB DEVELOPMENT, LLC

CT case involving personal liability of builder in construction defect case. Many times the builder's LLC protects him or her personally from lawsuit judgments, limiting the likelihood of collecting if you win. In this case the court allowed the homeowner to hold the builder personally liable as well as his company.

Developer has residents outraged over maintenance fee jump

(FL) Developer and builder John Zacco, Thoroughbred Homes, raised development's HOA fees from $25 mo. to $250 mo. per household. Homeowners say he raised fees to cover his legal costs for problems he himself created, (e.g. shoddy work, suing his customers, not being properly licensed, unenforceable sales contracts). The developer could foreclose on the homes regardless of paid up status of homeowner's mortgages.

BUILDING WOES PLAGUE COUPLE

(NJ) Donald E. Castor, who has done business as OMT Construction, Kellogg Hill Contracting and DLC Builders, allegedly onIy partially built the couple's house, walking away from the job with their money pocketed and without paying subcontractors.

Physician links Chinese drywall, premature aging

In this case, the homes are contaminated with hydrogen sulfide. The highly corrosive gas has been found in homes with drywall imported from China during the early to mid-2000s. It has been blamed for corroding air-conditioning coils and metals in electronics, and causing fires. Residents also said that the gas is what is causing the symptoms they've been experiencing.

Did The Roman Empire Have Corporations?

Charles Hugh Smith writes about the lack of accountability of corporations and the effect on the country.

Developer's bankruptcy raised in plea to drop fraud case

(KY) Builder Wendell Lynn Willham, Arbor Ridge Development Inc. and American Dream Builders Inc., argues that his bankruptcy filing should get him out of fraud charges for taking customers' money, delivering nothing, and leaving them without even clear title to their land.

Hope not floating: Homeowners seek help with sinkhole

Newer development had improperly engineer grading and drainage, causing serious erosion, sinkholes. Builders, developers, city, point fingers but don't do anything.
Fairgreen Development; Northridge Residential; Todd Levent; city of Canton.

Knock on doors to learn about builder

If the builder refuses to make any changes to the contract, you should seriously rethink whether you want to use him or her.

Judge Mulls Detention of Ex-Beazer Homes Exec

Michael Rand, former chief accounting officer for Beazer Homes, indicted on 11 charges; alleged to have cooked the books for Beazer; also, securities fraud, obstruction of justice, witness tampering. WSJ article has some background info on Beazer's past settlements for lending practices, etc., as well.

Homebuilder to pay $500K for violating consumer protection laws

The Maryland Attorney General's Consumer Protection Division has ordered Lanham-based homebuilder, Derek K. McDaniels, and his Lanham-based company, McDaniels Homes, to pay more than $500,000 in restitution to consumers and penalties to the state, Maryland Attorney General Douglas Gansler said in a release.