Grande Pointe residents file suit against DR Horton (FL)

by Editor | April 19, 2017 2:21 pm

When Chris Smith bought his home in the Grande Pointe neighborhood in Inlet Beach in 2010, he believed he was buying into a neighborhood where all the homes would be a Coastal Cottage architectural style — at least that was what he was told.  However, the original developer had to file for bankruptcy and the community’s remaining 70 lots were bought in 2014 by the Montgomery-based real-estate holding company Inlet Beach Holding Company.  In 2016, that company sold the last 46 lots to DR Horton Homes, a home-builder based in Texas, but with operations throughout the panhandle.  Through the change in ownerships, neither of the two latest owners have abided by the covenants established by the original developer.    Read the article…………..

Source URL: http://communityassociations.net/grande-residents-against/