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Recent court settlements on mold lawsuits.$32.1 million awarded late last year to a Texas family by an Austin court for a case involving extensive mold damage.$1.5 million awarded to Texas homeowners for mold-related damages.
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If your broker doesn't care about its business, it is simply going to get what it can get with little effort spent to make certain [the policy cost] is the best price out there."
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By Daniel Walker Guido. Texas is implementing a power deregulation plan that state officials claim will not cause the same rolling blackouts or political and economic chaos California suffered last summer after deregulating its electric utilities.Consumer advocates are worried, because they believe...
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Having survived the Mexican peso devaluation and the subsequent "Tequila Crisis" when the Mexican economy collapsed in 1994, Pulte Corp., one of the largest American home builders, is not too concerned that its new Argentina adventure will sour."We believe there is a chance, however, to increase...
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Northern Virginia home buyers with imperfect credit or limited savings will be able to apply for financing to become first-time home buyers under a new Hope International home buying program. The Northern Virginia BIA will work with Hope to encourage borrowers to use the program.
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By Daniel Walker Guido. The unique study, headed by Ivy Zelman, home building analyst for Credit Suisse First Boston, looks back at key events over the past 25 years to determine if there is some sort of pattern that investors can follow in the days, weeks, and months ahead. "Therefore," Zelman...
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Manufactured housing continues to buckle under the glut of repossessions caused by the easy credit terms that finance companies offered thousands of manufactured home buyers in the mid 1990s. Currently, about 2 percent of all manufactured housing loans are in repossession proceedings, according to...
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Residents of Nevada are united in their opposition to plans by the federal government to bury the most toxic garbage mankind has ever produced--77,000 tons of highly radioactive waste generated by 103 nuclear power plants--in a mountain 90 miles northwest of Las Vegas, the fastest growing housing...
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Buried chemical agents including arsenic and other toxins such as mustard gas were found in Washington, in the Spring Valley neighborhood and the grounds of American University. Members of Congress and The Washington Post have called for an independent third-party investigation of the chemical...
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"What BuildNet did was a huge disservice to the entire home building industry," says Paul Schumacher, of Schumacher Homes in Canton, Ohio, which builds about 300 homes a year in the $175,000 to $300,000 price range. And not discouraged by the results of its previous buy out attempt, Michael...