.
.
.
.
.
Pulte “GREEN”
Sick:
o From the mold in your walls caused by defective stucco
o Because your roof blew off during the hurricane and all your belongings are ruined
o Because your roof leaks
o Because your slab is cracked and your floors aren’t level
o Of the shoddy concrete work
.
.
.
.
.
.
.
.
.
.o From all those dollars paid for shoddy construction, including infrastructure and common property
o For having to repair or replace it
o From the dishonesty, recklessness and arrogance
o Of being treated like a child
..
No company can survive producing a shoddy product. No company can survive without their customers’ good will. You’d think that Pulte would get it, ESPECIALLY with the MORE THAN $1 BILLION that Pulte has recently written off in goodwill impairment (http://www.nasdaq.com/aspx/company-news-story.aspx?storyid=201011031306dowjonesdjonline000581&title=4th-update-as-pultegroups-3q-loss-widens-co-slashes-costs). Provide a good product and take care of your customers--the keys to success. ANY company knows that--except for Pulte Homes--Pulte just doesn't get it.
.
.
A pool of $11 billion in mortgages with recourse to the nation's largest homebuilder may not have met investor guidelines and analysts project PulteGroup may be on the hook for as much as $323 million in buybacks from secondary market investors.
“I just wanted to follow up on the construction, the warranty charges. I would expect on an ongoing basis in any given quarter you’re going to have a number of claims, this is an ongoing part of the business because of the complexity of the construction process, but a charge of this size kind of implies that there was something systematic, maybe among a product line or in a region or something. I was just wondering if you could be a little more specific in terms of describing the patterns or the (inaudible) of the claims that emerged here. Just on an operating basis, so we can have a better sense of what drove such a large charge in one quarter.”
Dugas responded:
“...We did not see any specific region of the country that jumped out at us. What was unusual here was the number of claims we received in a particular quarter that was completely unforeseen. Most of them related to water intrusion issues…”
Good question, Mr. Sood! Too bad that you didn’t get a straight answer. Dugas, however, did admit that his company, which touts itself as “Master Builder”, has WIDESPREAD problems with water intrusion (bad stucco) in their houses.
Some “Master Builder”!
.
.
.
.
Lawyers representing a Sun City Hilton Head couple suing for allegedly defective stucco work say interest in the lawsuit has increased following a state Supreme Court ruling allowing homeowners to seek class-action status.
John Chakeris of Chakeris Law Firm of Charleston, one of four lawyers handling the case, said that since the Oct. 4 decision, he has received about 20 calls from Sun City residents who want to join the more than 140 homeowners he already represents.
Before the case can move forward as a class action, a circuit court judge must certify that there is a large number of Sun City residents affected by the stucco problems. A motion seeking class-action status is pending in the court. If approved, it could apply to more than 2,500 Sun City homes, Chakeris said.
Anthony and Barbara Grazia's suit was originally filed against South Carolina State Plastering LLC, which said developer Del Webb Communities and builder Pulte Homes Inc. were responsible for some or all of the damages. That action made Webb and Pulte a part of the suit.
Lawyers representing all of the defendants have requested more time to file a rehearing before the Supreme Court to try to overturn the decisionthat allowed the homeowners to seek class-action status, according to one of their attorneys, Vic Rawl of the McNair Law Firm.
Chakeris said the stucco problem in Sun City is widespread. An engineer hired to inspect a sampling of about 250 homes found the stucco could have been improperly applied in all 2,500 homes, he said.
"People are having problems that are not being addressed and now are left to the courts," Chakeris said.
Bob Flaherty, a private home inspector who lives in Sun City, said he also has been fielding calls from residents concerned with their stucco as their five-year warranties on free repairs for water intrusion tick away.
Improperly installed stucco can cause water to seep in, damaging walls and causing mold. The problems arise when a thin sheet of tarpaper behind the stucco that's supposed to keep water out has been broken, cracked or nailed through, Flaherty said.
Flaherty has surveyed more than 50 homes with an infrared camera searching for water spots inside the walls. Of those, 13 percent have required major repairs, such as replacement of walls and siding. About 22 percent needed minor repairs.
Flaherty said his numbers could be skewed because homeowners often call when they already suspect a problem. Nonetheless, the sheer number of repairs required is "a big issue," he said.
A Del Webb statement released after the Supreme Court decision says the developer has already made repairs for isolated stucco problems. Representatives from Sun City neighborhoods where houses stucco repairs were done said homeowners have been pleased with Pulte's quick response.
"The few issues that we had were addressed immediately and repaired immediately," said Arlene Raftery, the representative for the Juniper Creek neighborhood.
Since January, Pulte has obtained 18 permits for repairs in Sun City, according to Beaufort County building codes director Arthur Cummings, although he said he did not know if all of those deal with stucco.
Cosmetic repairs don't require a permit, Cummings said.
In two or three instances, county inspectors or homeowners have contacted Cummings when Pulte didn't obtain a permit for major stucco repairs which were found while minor repairs were being made, Cummings said. In such cases, the permit fees are doubled, he said.
“Certain homeowners have contacted Pulte/Del Webb with questions about removing stucco from the holes in their ‘weep screeds’ at the base of their stucco-clad walls. These homeowners have notified Pulte/Del Webb representatives that certain home inspectors have told them that the holes in the weep screeds are for drainage and that the holes should not be coated with stucco. Such statements are incorrect. The stucco manufacturers for Sun City have confirmed that ‘the holes are for keying of the stucco and NOT FOR DRAINAGE.’ The stucco manufacturers further indicated that ‘finishing the accessories themselves (with stucco) is an aesthetic consideration.’”
March 26, 2008
Derek Morgan
Director Customer Relations
South Carolina Coastal Division
(NOTE: You can find Derek Morgan’s letter on this blog at http://peretired.blogspot.com/2010/06/nrc.html)
“The opinion released Monday reverses a Circuit Court ruling that struck down class-action status for a suit alleging improper stucco application, which caused water damage and rot.”
October 7, 2010
http://www.islandpacket.com/2010/10/06/1398514/state-supreme-court-sides-with.html
Y’all forget about what you hear from licensed home inspectors, licensed engineers, lawyers, SC Supreme Court, etc. Just keep believing Pulte letters, Pulte statements, TYSK emails, Sunsations, SCHH TV, NRs, CA BODs, BOD-appointed committees, etc. The "master builder" knows stucco, lagoons, roofs, etc. The "master builder" knows all things construction.
Want to buy a bridge in Brooklyn?
Why support a system that favors Pulte?
.A state Supreme Court decision may allow Sun City Hilton Head homeowners to pursue a class-action lawsuit for alleged defective stucco work.
The opinion released Monday reverses a Circuit Court ruling that struck down class-action status for a suit alleging improper stucco application, which caused water damage and rot. A court must first certify the class before such a lawsuit can be filed. A Circuit Court hearing on that issue has not been scheduled.
The suit against South Carolina State Plastering LLC was filed three years ago by Anthony and Barbara Grazia of Sun City and alleges negligent construction on more than 2,500 homes in the gated community that "would require ... stripping the homes of the existing stucco and recladding with a properly installed stucco system," the Supreme Court's opinion reads. State Plastering filed a third-party complaint against developer Del Webb Communities Inc., builder Pulte Homes Inc. and Kephart Architects Inc.
A statement from Del Webb says a third-party engineering firm surveyed the homes and repairs already have been made "in isolated incidents where a stucco issue was present."
Representatives for Pulte did not respond Wednesday to requests for comment.
W. Jefferson Leath Jr. of Charleston-based law firm Leath, Bouch & Seekings said the four attorneys in the Grazia case collectively represent more than 140 Sun City homeowners claiming stucco defects.
"If Pulte follows their standard course, they will take some action to prolong (the lawsuit), whether it be a petition to the Supreme Court to reconsider or some other action," Leath said.
Everett Kendall of the Columbia-based firm Sweeny Wingate & Barrow, one of four lawyers representing the defendants, said they may petition for a rehearing. They may also seek clarification from the legislature on its original intent in creating the law that he lower court used to deny class-action status.
.
Pulte Homes substituted two nails for hurricane clips in roof truss connections for houses that they built at Sun City Hilton Head, SC between 2004 and 2007. Beaufort County Office of Building Code Enforcement approved this substitution. Calculations show that the two-nail connection is woefully inadequate for this hurricane-prone area, where, according to the SC building code, houses must be capable of withstanding 130 mph winds. Crooked, incompetent, or both?
Beaufort County Office of Building Code Enforcement approved houses for occupancy with known, but uncorrected, violations of the SC building code. Crooked, incompetent, or both?
In 2007 Gary Kubic, Beaufort County Executive, ordered more than 2,700 houses built between 2004 and 2007 re-inspected. 668 needed repairs. MANY connections had NO nails, one nail, short nails, nails that missed their target, nails in split wood, etc. The report for my house (see below) reads: “Need engineer letter for conventional framing.” The inspectors told my wife that “we will be contacted…” It’s been 3 years: no letter; no contact. Crooked, incompetent, or both?
Gary Kubic promised a full report of the roof truss problems. There has been no report. Beaufort County won’t answer if the re-inspections were for the garage roof only. Beaufort County won’t answer who is responsible for approving and inspecting timber retaining walls and timber bridges. Crooked, incompetent, or both?
In 2009 private home inspectors reported finding deficient roof truss connections in new houses built by Pulte Homes and approved by the Beaufort County Office of Building Code Enforcement. Crooked, incompetent, or both?
.
.
.
.
.
.
.
.
.
.
.
.
.
from http://www.islandpacket.com/2010/09/08/1363696/report-takes-issue-with-roof-truss.html#ixzz0zhFeMJ8s
jersey72 |
(2) As discussed briefly in the report.........based on my experience with structural defects in several developments..........many owners do not want to know about defects that could result in damage only in the event of some future occurrence such as a hurricane. This position typicaly results in owner support for the builder, no matter what.........which I have termed the "stuck-home syndrome" (that may not be readily understandable unless you are over a certain age). More importantly, such owners also prefer that none of their neighboring owners should know about defects either. The usual claim is that discussion of defects....in any house........ will detract from their property value. Some even contend that it is best to let homeowners insurance pay for any damage that might occur. The extent to which such claims may have merit is for another discussion. However, this is a real problem to be considered whenever design and construction defects are discussed for an entire development.
(3) Attempting to use the legal system to obtain compensation is difficult at best.......and only useful for very major, extensive defects (even if that). Trying to explain design and construction defects to jurors.......within the realm of attorneys and judges.......is literally an exercise of "Lost In Translation".
The Island Packet has undoubtedly run into serious negative feedback from the County and builder.......as well as real estate firms........and homeowners that are customers of the paper. Even though the paper initiated and ran with the valley truss story for 3 years (and deserves credit for hanging in there)........they have apparently made the "strategic" decision to back off. Though I can understand......with the paper being a relatively small business..........their hesitancy to carry on in the face of resistance from those with power and influence..........they might consider that this story is certainly not isolated to Sun City or South Carolina. This story is part of a problem that extends throughout the nation. It is somewhat muted now duriing the housing industry downturn. However, it will surely return in full force when housing construction starts up again.
John F Mann, PE
"This position typically results in owner support for the builder, no matter what.........which I have termed the 'stuck-home syndrome' (that may not be readily understandable unless you are over a certain age). More importantly, such owners also prefer that none of their neighboring owners should know about defects either. The usual claim is that discussion of defects....in any house........ will detract from their property value."
"Support for the builder, no matter what..." You got that right! The "stuck-home syndrome" is alive and well! As you say, it's age related. As for wanting "none of their neighboring owners to know about the defects either", that too goes with age and reduced cognitive powers. Folks here need to wake up and smell the coffee.
“The Island Packet has undoubtedly run into serious negative feedback from the County and builder.......as well as real estate firms...” Beaufort County Office of Building Code Enforcement, Pulte Homes, and real estate firms (because they are aware of the problems, and aren’t “up front” with their customers) are responsible for this mess. It’s we homeowners who should be supplying the “serious negative feedback” to them. But, that’s not happening with a retirement community that has “stuck-home syndrome” and reduced cognitive powers.
.
.
Stock analysts have it wrong. The reason that Pulte stock has fallen from $45/share to less than $10/share in the last 5 years is because of its poor product. Google "Pulte shoddy" and see for yourself.
.