Tuesday, January 26, 2010

Epic Fail


Now this is going to be a real clusterfark.

I believe this morning's TV News report indicates that folks from 24 houses are still not permitted to go home and are still living in hotels.

What's worse (besides the obvious, your house is going to fall down) is that unless you brought an "Earthquake" insurance rider, your regular homeowner's insurance will not cover loss for "creeping soil".

I bet the mortgage companies who helped finance these house will be really happy to know that as will the homeowners themselves.

Expect to see massive lawsuits, counter-suits and cross-suits coming out of this.


No permit for failed wall

Centex, the Texas-based developer that Pulte Homes acquired last year, did not have a permit for “an improperly constructed retaining wall” that collapsed Sunday, causing damage to at least three homes and forcing the evacuation of dozens of families, according to city officials.

The city announced the disclosure a little more than an hour after Pulte officials met with the Northwest Side homeowners in a closed meeting Monday night. It also said fill dirt on which the homes in The Hills of Rivermist were built was not properly compacted.

“We're still trying to figure out all that went wrong with it,” said Roderick Sanchez, director of the city's Planning and Development Services Department.

The rest of the story: