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Bellwether residents press council over delayed escrow work, ask pause to new escrow rule
Summary
A Bellwether neighborhood resident urged the City Council to pause enforcement of a new housing escrow ordinance after homeowners reported yards and final grading remain incomplete more than a year after closing.
A Bellwether neighborhood resident urged the City Council to pause enforcement of a new housing escrow ordinance after several homeowners reported that yards and final grading remain incomplete more than a year after closing. Jay DeCamp, who said he was representing residents of the Bellwether neighborhood, told the council that builders are repeatedly extending timelines for final escrow work and that some homeowners whose closings were more recent have received yard work while older cases remain unfinished.
The matter arose during the meeting’s open forum when DeCamp said the city’s new policy "requiring builders to complete escrow work within 60 days from closing" has produced a second-order effect: developers are pushing completion deadlines and some have sought extensions of 60 to 120…
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