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KB Homes Infomercial - Remembering Mortgage Fraud
 Cisneros partner in Lago Vista was Bruce Karatz,
highest paid CEO in the country with $232 million compensation package. Karatz:…realize how easy it is to buy… How broad the qualification is… It’s a life changing experience that we create.
 

KBHOMESKAPUTT.COM
Tuesday, 20 December 2005
KBHomesKaputt - Lives on  

 
 
 
 
Please sign the Guestbook and join the Forum . Thank you

Why are we doing this?


This is the Story about 3 houses in the same cul-de-sac. None of the houses are older than 2 years. KB came out at least up to 5 times to "PATCH" things up. The 3 houses we are talking about are all right next to each other and they are KBHomes. By no means are we trying to tell anyone to stay away from KBHomes , we are just encouraging everyone to be cautious when buying any Home, from any Builder. Also to show you what happened to our "American Dream" of Home Ownership.

All pictures you see are real , none of them are fake or staged in any way. We will constantly update the pictures as new cracks appear.  When you see the pictures keep in mind that the houses have been repaired (PATCHED) up to 5 times already. Some of the pictures are difficult to make out , but if you look closely you will see bad patch jobs, bubbles in the ceilings, lines and uneven walls. One house was repaired (Patched) 4 month ago . There  were gaps as much as 3 inches separating walls from the ceiling.
 

If you send us your Story and (if you have) some Pictures we will post them: Click here to contact me

 

 
Complaints:
My home was purchased in June of 1999, Jan 2000, I started noticing problems, Thanks to Janet Ahmad, I was able to get some direction, KB came to my home did some half a** cosmetic repairs, from Jan 2000 to Jan 2003, my home is now sinking in the rear, causing the upstairs...more

This was to be our third KB home, we have since cancelled the contract. The first was over a year old, and we had no problems in the 14 months we were in it. We moved out of town and sold it. We then built a KB Home in Pflugerville, TX outside of Austin. They screwed up the foundation on the first one and the framing wouldn’t fit. They gave us a new lot on a cul-de-sac backing to a green-belt and started over. I watched them like a hawk. I was there every day at ......more

LAWSUIT FILED IN STANISLAUS COUNTY SUPERIOR COURT AGAINST KB HOME ON BEHALF OF HEARTLAND RANCH HOMEOWNERS AND THEIR FAMILIES  .... More

A litany of problems with his KB Home convinced a previously reluctant Richard Stavis to join 40 other families in his California subdivision in a lawsuit against the national builder. .....More

 
More Lawsuits?? click here

DISCLAIMER

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All information and all parts of this site is for information and entertainment purposes only. By accessing this site you agree to immediately  contact This e-mail address is being protected from spam bots, you need JavaScript enabled to view it to report any incorrect data or misrepresentations of facts. Links to any other sites are for information purposes only and should not be considered endorsement of the site.

 

KBHOMESKAPUTT.COM is not responsible for anything posted on this site. The postings on this site are done by the public and are the opinion of the person posting the comment. KBHOMESKAPUTT.COM  or anyone related to KBHOMESKAPUTT.COM will NOT be held liable for anything on this site

 

Action needed ... click here

watch the news, click here 

NEWS


Ten Things Your Home Builder Won't Tell You .....click here

What's Hiding In Home Contracts

09/19/2003

(CBS) When Mary Cohn tried to sue the company that built her home for producing a house filled with defects, she didn't exactly find a welcome mat at the courthouse. "Our home was infiltrated with mold and water. It made my children ill living in this home."
 
.....more


KB Home makes offer on Mirasol improvements

09/17/2003

a report released in May by a forensic architect hired by SAHA found that the cheapest materials possible were used and workmanship and materials were of such quality that the homes may not meet federal standards  ...More
Judge rules couple can't sue KB Home

09/11/2003

A state district judge Wednesday told a couple who lived in the KB Home Creekside subdivision they couldn't sue the homebuilder for not disclosing the couple was sold a house in a 100-year floodplain. ...More
Wall Street Journal Article  Texas Homeowners Clash

08/18/2003

With Builder Over Tract Houses 
SAN ANTONIO, Texas -- KB Home promotes itself as a company that builds inexpensive tract homes for people such as Elena C. Rocha. The 68-year-old restaurant worker spent her life's savings of $123,000 on a new KB home here last year.... More

Three Lawyers Indicted in $1 Million Real Estate Fraud

05/08/2003

Three Lawyers, Unlicensed Real Estate Broker, Title Closer, Twelve Individuals and Three Corporations, Indicted in $1 Million Real Estate Fraud; Charged with Fleecing Mortgage Companies and Property Owners by Staging Sham Real Estate Closings Using Paid Impersonators, Forged Documents and Fraudulent Bank Accounts ....More

Lawsuit targets KB Home project

05/21/2003

A Seaside resident has filed a lawsuit seeking to shut down KB Home's Seaside Highlands subdivision, alleging that the city's sale of the Fort Ord property was a giveaway that ignored the need for low-income housing... .More

Court halts Seaside Highlands project

08/08/2003

A Monterey County judge put a temporary halt to construction of the 380-unit Seaside Highlands project Thursday because of a lawsuit by a Seaside resident who contends the city sold the land at a fraction of its true value... .More

KB Home scraps restrictive clause

07/02/2003

Buyers no longer must accept binding arbitration in warranty disputes.... More

Arlington residents sue KB Home

11/09/2001

Sixty-four homeowners in Arlington are suing Los Angeles-based homebuilder KB Home (NYSE: KBH) for not disclosing that the Southridge Hills subdivision was built on the site of a former military bombing practice range, according to the plaintiffs' attorneys Friday....More

National Homebuilder's (KB Home) new arbitration Policy just more deception

07/18/2003

“KB Home’s new arbitration policy submitted to the FTC this month, is similar to offering a free carpet upgrade, while knowing it’s real use is to cover up a severely cracked foundation.” .....More

KB Home wants to build in Lathrop again

07/11/2003

LATHROP -- A mega-builder that sunk millions of dollars into fixing leaky roofs, crooked decks and other defects in Lathrop homes it constructed a decade ago is asking for permission to open up shop again in the burgeoning community.  ..... More

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More NEWS ........click here

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Last modified: 10/07/2003

 
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  ABC's 20/20 Special
KB Home Builds on Bombs
(10/7/2005 No Transcript available)
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