Local News

Oct 23, 2013 5:37 PM by Janine Reyes

Homeowner Warns Buyers to Beware Following Nightmare on Peseta Court

CORPUS CHRISTI -- It's a story one man calls a nightmare on Peseta Street. After buying a home there, he discovered mold, all covered up by the seller.

A judge awarded him money from the seller and their real estate agent, but the struggle to collect continues.

Larry Wilson planned to enjoy his second home out on the island, but almost immediately, he says he discovered serious problems.

He spent more than $100,000 fixing the problems, then spent hundreds of thousands more in court.

Now he says the fight's nowhere near over, but he does want others to heed his buyer beware warning.

"It's been a horrible nightmare for me and my family," Wilson told us.

He never imagined his second home on the water would bring him so many problems. "It had a clean disclosure, nothing was disclosed," explained Wilson.

Despite that, his $360,000 dollar investment ended up costing him half that in repairs when he discovered a bad roof and mold, all covered up.

Wilson says it all started just 2 weeks after he bought the house. It started with rain and a leaky soffit right there after that he problems didn't seem to stop. "Subsequent to that the next rain another soffit opened up and then we started to chase leaks all over the roof," said Wilson.

He eventually replaced it and tells 6 news when he couldn't get a clear answer from the sellers, Mary and Alonzo Ramirez or their agent, Alice Palumbo. He filed suit.

Insurance records later showed the Ramirez's collected thousands for mold damage, but never made any repair.

"They have been unable to tell us who did any of the work but they claim it was all done," said Wilson.

Getting that information took not only a lot of money, but also time.

"I took 2 years off work. Fortunately I was able to do that. I went through my life savings, my retirement doing do but it was important to me to get to the bottom of it." Wilson said.

Once he did, a judge sided with Wilson, ordering the Ramirez's to pay for the damage and court costs.

Their real estate agent settled out of court, paying Wilson more than $300,000.

He now wants others to know. "She (Palumbo) is still practicing here on the island and it does bother me, because she was definitely part of it," Wilson said.

It's not over yet, the Ramirez's filed an appeal. Their attorney says the judge made his decision based off of bad affidavits in a summary judgement, so they could not make arguments through testimony. They are appealing that decision.

Meanwhile, they did file for bankruptcy and their attorney also tells 6 News that Wilson is trying to take everything they have, even though he already collected from the agent.

»Comments

Top Videos

1 2 3 4

Submit News

Do you have a tip, information about a breaking news story, or a story idea for 6 Investigates? Contact the KRIS 6 News Desk at 361-884-6666 or send us an email.

Most Popular

KRISTV.COM is Social!


Click the icons above to receive News, Weather, and Sports alerts from KRISTV.COM!

Inside KRISTV.COM

Contact Us
Send us your feedback. We want to hear from you!
Photo Central
Look at photos and videos and share them!
KRISTV.COM Mobile Website
Get KRISTV.com on your mobile or PDA!
KRISTV.COM Mobile Apps
Get our mobile apps on your mobile or PDA!
Texas Lottery
See the latest winning numbers!
6 News Team
Read about your favorite KRIS-TV personalities!
FCC Online Public File
FCC Public File of Records, Reports, and more