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Homebuilder says it will buy back 27 Hills of Rivermist houses

by Stacia Willson / KENS 5

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kens5.com

Posted on March 10, 2010 at 5:24 PM

Updated Thursday, May 20 at 2:01 PM

As their homes and lives have teetered in uncertain territory, Hills of Rivermist homeowners living in temporary hotel rooms are getting a glimpse of the future.

Pulte-Centex Homes is finally budging and giving what most of them want: A way out.

It has been weeks since a retaining wall failure left the subdivision's residents questioning the safety of their homes. They rallied Wednesday to explain their demands.

On Wednesday afternoon, Pulte-Centex finally responded, informing residents that they would construct a "newly built retaining wall" and would extend buy-back offers for the 27 homes that had their certificates of occupancy revoked.

Pulte-Centex says the new wall will cost anywhere from $4 million to $5 million to build, and construction will take about 6 months
 

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