Sunday, September 05, 2004

Homeowners feeling trapped
Fred Pilot is on a roll with biblical plague stories. First rats, then poverty, and now there is a fungus among us. Mold. But not to worry: lawyers to the rescue:

ZIONSVILLE, Ind. -- When Sheri Weaver tells people she lives in the Brittany Chase subdivision, the reaction is almost like she's had a death in the family.

"Is everyone OK?" she is often asked.

"I just tell them my neighbors have it worse than me."

The subdivision of $200,000 to $500,000 homes has become the focal point for the mold problem gripping housing developments in some metro Indianapolis counties.

Fifty of the neighborhood's 127 homes are now vacant because the builder has bought them from their owners to eliminate the mold.

Some of the remaining Brittany Chase residents say they are trapped. No one will buy their homes, and their investments are too big to walk away from.

Judge Bernard L. Pylitt of Hamilton Superior Court will decide this fall whether to accept an estimated $24 million settlement of a class-action lawsuit brought by homeowners against builder Trinity Homes and parent company Beazer Homes. The proposed settlement was made public recently.
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