Ludt v. McCollum

This is a DTPA action brought by Richard Ludt alleging that the builder of his home, George McCollum, failed to disclose that the home had foundation problems.

The main issue is whether Ludt is entitled to recover for both costs to repair and the permanent reduction in the market value of his home. At trial, the jury found McCollum failed to disclose the foundation problems, and in Issue #22 found that the following amounts would compensate Ludt:(a) Reasonable and necessary costs of repair to the home.$10,500.(b) Permanent reduction in the market value at the present time of the home because…