CT condo homeowners plead for help with their crumbling foundations

By Deborah Goonan, Independent American Communities   For the past three years, I’ve been following the crisis of crumbling concrete foundations in Connecticut and Massachusetts. Debra MacCoy of Vernon, CT, and several other condo owners recently contacted me, and shared important details about the dilemmas and special challenges they face, as owners of condos and homes in common interest communities. The problem — defective concrete leads to crumbling foundations Dozens of towns in Connecticut and Continue ReadingCT condo homeowners plead for help with their crumbling foundations

CT ‘captive’ insurance assistance for HOA, condo homeowners with crumbling foundations

By Deborah Goonan, Independent American Communities   For several years, IAC has been following the epidemic of crumbling concrete foundations in Connecticut. Many of the homes are part of a PUD (planned unit development with an HOA) or condominium, where two or more units share the same foundation. The cost to replace failing concrete foundations is massive — often as much or more than the home is worth. State legislators continue to find solutions for Continue ReadingCT ‘captive’ insurance assistance for HOA, condo homeowners with crumbling foundations

CT: Taxpayers could help pay for defective crumbling foundations of HOA homes, condos

By Deborah Goonan, Independent American Communities Today’s post is an update on a serious problem for homeowners in Connecticut — what to do about their crumbling foundations. The problem is widespread in the state, affecting thousands of homes with concrete foundations that were poured in the mid-1980s-1998 by contractors supplied by J.J. Mottes Concrete Company. According to state’s construction experts, the cause of foundation failures is traced to the presence of a mineral in the concrete Continue ReadingCT: Taxpayers could help pay for defective crumbling foundations of HOA homes, condos

CT HOA did not disclose crumbling foundation problem

By Deborah Goonan, Independent American Communities Buyer beware! I had to watch and read this report twice. The information is shocking. Imagine buying a what you think is a condo, but it’s not. And then, when you decide to sell your home, the property inspector tells you your foundation is crumbling. The sale is off. To complicate matters, Patti Cucuzzo recently learned that the condo she purchased in 2011 is not really a condo but Continue ReadingCT HOA did not disclose crumbling foundation problem