Twenty-seven San Antonio homeowners have offers to have their houses bought back by Pulte Homes after a retaining wall collapsed in January, creating crevices up to 15 feet wide and 8 feet deep.
Pulte has also promised to start a new project running between $4 to $5 million to build a new retaining wall. The new wall is expected to be finished within 6 months. Work will begin as soon as permits are obtained. It is the length of the project that lead Pulte to offer to buy back the homes deemed "uninhabitable".
Pulte is also offering to cover moving costs, reasonable legal fees, and home improvements. Those homeowners that wish to keep their homes will be provided with alternative housing until the new retaining wall is built.
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