The Fosters Ridge lawsuit is a property dispute between homeowners Toni and Jim Collins and homebuilder DR Horton. The Collins claim to own a 1,000-foot deep strip of land along the border of their property and the Fosters Ridge subdivision, while DR Horton claims that they own the land.
The lawsuit has been ongoing for several years, and the two sides have been unable to reach a settlement. In 2017, the Collins lost a three-year-long property title feud in court to DR Horton. However, the Collins have continued to fight for the land, and they have appealed the court’s decision.
The lawsuit has had a significant impact on the Fosters Ridge community. The Collins have put up signs and lights along the fence line separating their property from Fosters Ridge, and they have even installed a 1,200-foot long zip line. The Collins say that they are doing this to raise awareness of the lawsuit and to deter DR Horton from developing the land.
Impact on Homeowners
The Fosters Ridge lawsuit has had a significant impact on homeowners in the community. Some homeowners have expressed concerns about the safety of their children and pets, while others have said that they feel uncomfortable living in a community where there is so much conflict.
Homeowners who are considering buying a home in Fosters Ridge should be aware of the lawsuit and the potential impact it could have on their property values. It is important to do your research and to understand the risks involved before making a purchase.
FAQs
Q: What is the status of the Fosters Ridge lawsuit?
A: The lawsuit is currently on appeal. The Collins have appealed the court’s decision in favor of DR Horton.
Q: What is the impact of the lawsuit on homeowners in Fosters Ridge?
A: The lawsuit has had a significant impact on homeowners in the community. Some homeowners have expressed concerns about the safety of their children and pets, while others have said that they feel uncomfortable living in a community where there is so much conflict.
Q: What should homeowners who are considering buying a home in Fosters Ridge do?
A: Homeowners who are considering buying a home in Fosters Ridge should be aware of the lawsuit and the potential impact it could have on their property values. It is important to do your research and to understand the risks involved before making a purchase.
Q: Will the lawsuit impact my property value?
A: It is possible that the lawsuit could impact your property value. The outcome of the lawsuit and the level of conflict in the community could both have an impact on property values.
Q: What can I do to protect my property value if I am buying a home in Fosters Ridge?
A: The best way to protect your property value is to do your research and to understand the risks involved before making a purchase. You should also consider purchasing a title insurance policy.
Q: What is title insurance?
A: Title insurance protects homeowners from financial losses due to defects in the title to their property. Title defects can include things like liens, easements, and forged deeds.
Conclusion
The Fosters Ridge lawsuit is a complex and ongoing dispute. Homeowners in the community have been impacted by the lawsuit, and it is important for potential homebuyers to be aware of the risks involved before making a purchase.
References
- FOX 26 Houston: Local couple’s feud with home builder escalates to biblical proportions: https://www.fox26houston.com/news/local-news/local-couple-s-feud-with-home-builder-escalates-to-biblical-proportions
- Seiberman Survey Lawsuit: https://www.seibermansurveylawsuit.com/single-post/2017/08/25/the-lawsuits