When homeownership joy turns into homeownership hardship

09:59 PM CDT on Friday, October 10, 2008 By Allison Triarsi / 11 News SPRING, Texas -- For many, living the American dream means owning a home, but what happens when the home you buy is suddenly worth half of what you paid? 11 News photo A homeowner in Spring says her brand new home has literally been falling apart and she may not be alone. That’s what some consumers in a Lennar homes subdivision say has happened to them. They are complaining of faulty home foundations that are shifting their homes and causing all sorts of problems. “It’s sad, I mean, this is a brand new home and it fell apart,” said Jeryl Bennett. She paid $134,000 for her home in Spring and she says it was appraised at $77,000. “I want them to buy back this piece of junk that they sold me,” said Bennett. She says the problems started showing up four years... [read full story]                    

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