Al Locus and Emma Snowden and their extended family continue to live in cramped conditions.

QBE has begun paying out Home Warranty Insurance claims for victims of the Sublime Constructions and Development collapse 10 months after the building company went into liquidation.

The company said the news a related entity, Sublime Builders, had gone into voluntary liquidation "has triggered the cover under Home Warranty Insurance in accordance with the statute".

QBE has long maintained that because the HWI certificates had been obtained in the name of Sublime Builders, not Sublime Constructions and Development, it did not have to pay out an estimated $1.2 million to victims of the $4.5 million building company collapse.

Sublime? Anything but. A Sublime Construction and Development sign in Crace. Sublime sign.jpg

Many owners had been left $100,000 or more out of pocket with partly completed houses they have since had to self fund.

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The refusal raised concerns that up to 13 homes in the ACT did not have statutory home warranty insurance cover.

While the QBE payments are capped by law at $84,500 and do not cover all of the losses many individuals have experienced, they are being welcomed.

"It is better late than never," Tanya Nguyen, one of the first victims contacted by QBE after Fairfax asked the company what it was doing in response to the Sublime Builders liquidation on Wednesday.

Follow this link:
QBE finally starts paying out to home warranty insurance to Sublime victims

The news some victims of the Sublime Constructions and Development collapse have already received Home Warranty Insurance payouts following QBE's belated decision to honour its policy certificates last Wednesday is as welcome as it is overdue.

That said, it does not mark the end to a saga that raised serious questions about the integrity of the ACT's statutory home warranty insurance and highlighted an apparent reluctance by government agencies to back consumers when their pursuit of the Australian dream goes sour.

The collapse of Sublime, and its drawn out aftermath, has also focused attention on the unfortunate practice by some builders of using contractors as "lines of credit" who can be strung out indefinitely, and the domino effect company collapses have on other businesses.

Issues have also emerged over the ability of building companies to trade while insolvent for long periods and an apparent disconnect between what the public expects of bodies such as the Environment and Planning Directorate and what the staff believe they should do.

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A common refrain, voiced by almost every individual caught out by one of the many building company collapses in the territory in the last four years is that when they turned to the EPD, Fair Trading or the police for assistance they were shunted from pillar to post.

That was certainly the experience of the up to 13 Sublime clients left high and dry when the firm failed with debts estimated at about $4.5 million in February.

When one Sublime client went to the Environment and Planning Directorate for assistance she was told "(your) problem is commercial in nature" and "not within the remit of (EPD's) construction occupations registrar".

On being referred to Fair Trading she was told it was a construction matter and she had to go back to the EPD.

Then, on referring the matter to the police, she was told the complaint would be difficult and time consuming to investigate and was advised to consider private legal action she could ill afford.

Link:
Some Sublime collapse victims finally get a payout

JOSEPH JOHNSON

Brassed off: Andy and Kathy Coulson paid Stonewood Homes in April 2013 and were told they could move in November 2013. They are still waiting due to a dispute with the company.

Families building with Stonewood Homes say the process has been a "living nightmare" of ongoing delays, battles over workmanship and poor communication.

Gary Grooby and Jacqui Te Wani should be celebrating Christmas in their new home.

After losing their home in the earthquakes, they signed a contract in November last year to rebuild with Stonewood Homes.

They were told they could move in by October.

Have you rebuilt a home in Christchurch following the quakes? What was your experience? Email tess.mcclure@press.co.nz

However, the couple are still waiting and have no timeline on when the house will be finished. The latest estimate from project managers is March.

In the meantime, the single-income family with three children is paying $800 a week for rent, mortgage and insurance.

Te Wani said they could not afford any more delays.

Follow this link:
Stonewood Homes deny stonewalling couple

JOSEPH JOHNSON

Brassed off: Andy and Kathy Coulson paid Stonewood Homes in April 2013 and were told they could move in November 2013. They are still waiting due to a dispute with the company.

Families building with Stonewood Homes say the process has been a "living nightmare" of ongoing delays, battles over workmanship and poor communication.

Gary Grooby and Jacqui Te Wani should be celebrating Christmas in their new home.

After losing their home in the earthquakes, they signed a contract in November last year to rebuild with Stonewood Homes.

They were told they could move in by October.

Have you rebuilt a home in Christchurch following the quakes? What was your experience? Email tess.mcclure@press.co.nz

However, the couple are still waiting and have no timeline on when the house will be finished. The latest estimate from project managers is March.

In the meantime, the single-income family with three children is paying $800 a week for rent, mortgage and insurance.

Te Wani said they could not afford any more delays.

Originally posted here:
Stonewood deny stonewalling

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Harrisburg, PA (PRWEB) December 17, 2014

Residential Warranty Company, LLC (RWC) attended its first national trade show back in 1988 in Dallas, Texas. Back then, the show was the premier show in the building industry. Fast forward 27 years, and both RWC and this national show now known as the International Builders Show are both giants in their respective industries. RWC - now a leading provider of insured home warranties - has been in the home warranty business since 1981 over 33 years and has warranted over 3 million homes across the United States.

The NAHB International Builders Show (IBS) has grown steadily to become the largest annual light construction show in the world with over 2,000 industry brands on exhibit and more than 75,000 attendees. Today, IBS is the nations largest annual residential housing construction trade event for manufacturers and suppliers of home construction products and services.

RWC and its Texas affiliate, HOME of Texas, look forward to meeting new prospective members in Las Vegas, January 20-22, 2015, and reconnecting with current members as well. Certain to be topics of interest will be the revitalized websites for both RWC and HOME of Texas, the streamlined online systems launched recently, and of course, the wide variety of home warranty plans and risk management options for builders, remodelers and manufacturers.

This year, more than ever, stopping by and registering at the RWC/HOME booth (C2556) matters.

Stop by for 3 Big Reasons:

Savvy builders, remodelers and manufacturers in the housing industry are encouraged to stop by the RWC/HOME booth to take advantage of all the benefits that these two powerhouse home warranty companies provide!

While RWC and HOME focus on getting business done in Las Vegas, the third member of this dynamic home warranty group, MHWC the national affiliate for HUD-Code Manufactured Homes will be getting it done in Louisville, Kentucky at the Louisville Manufactured Housing Show!

The 2013 and 2014 shows were the best attended manufactured housing industry events anywhere. The road to success for 2015 begins in Louisville, Kentucky on January 21-23, 2015. This year's show will have the most factory built homes shown indoors than anywhere in North America! 2014 brought the best attendance in years, and many said it was the best show in a decade. 2015 is expected to be even better, and so of course MHWC has made plans attend (booth #215).

The manufactured housing industry is an integral segment of the overall building environment in the U.S. and MHWC offers a specialized variety of home warranty programs and risk management plans tailored to the unique needs of HUD-Code home manufacturers, builders and dealers.

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RWC, HOME & MHWC Gear Up for National 2015 Trade Shows