A KBHome Sucks
KB Home – the American Dream turned nightmare, from a KB Home owner who’s home construction sucks.
This website has been started because CEO Jeff Mezger and other executives at KB Home, have chosen to ignore us and our many requests they "buy back" this home.
[View all the KB Executives who built this KB Home Lemon] See how many other of your favorite companies they work for and how many other possible defective and overpriced products they may bring to market. Bruce Karatz Stock manipulation trial Karatz was convicted and is now a felon. He awaits sentencing before Judge Otis Wright on a pre-motion hearing on September 8, 2010. The final date for Karatz jail sentencing is September the 15th 2010. Some interesting facts are coming to light concerning Karatz's new team of Lawyers working on the appeal side? Stay tuned! They have already landed on this website...
UPDATE
AIR CONDITIONER FULLY
BREAKS DOWN FOR THE THIRD TIME (in 3.5 years)
House is an unbearable 96 degrees.
For the third consecutive summer this KB Homes air-conditioner
has blown up due to no one at KB Homes knows what the hell they're doing.
This proves once again there is no supervision and zero knowledge and zero
testing at KB Home. Photos and complete story on the KB Home guide to installing
and wiring Air Conditioners and Heat Pumps. Anyone with a so-called KB
Home/Green Home/Energy efficient home need to stay tuned for this one 6-18-2009!
You're not going to believe this one. KB Home didn't even read the instruction
manual on this install. Cause and effect - stupidity, quick buck instead
of doing the job right.
[PHOTOS
OF THE HEAT]
A KB Home Sucks! Complete details of all the construction defects and KB Home neglect are be posted ~ KB Home can't fix this Lemon and would rather have the customer suffer, A KB Home Sucks has supporting photographs, (all originals), PDF files and audio conversations. (Despite being advised we have audio home security equipment and the notices clearly posted outside and inside the house, KB Home representatives made outrageous comments. They admitted the responsibility was theirs for the major constructions defects with the home, stating they should have supervised the sub~contractors during building. It is hard to believe qualified contractors built this house.
Find Your KB Home (Lemon) Subdivision.
Here is the latest news and links for over 400 KB Home subdivisions. Get
involved, there is power in numbers. Please give us feedback on your
KB Home. Is it a GEM? or is it a Lemon? KB Home Arizona,
KB Home California,
KB Home New Mexico,
KB Home Texas, KB Home Nevada,
KB Home South Carolina,
KB Home North Carolina,
KB Home Georgia, KB
Home Colorado, KB
Home Indiana, KB Home Illinois.
KB Home Metro Washington
D.C. Please report your issues, if your subdivision and street is
not listed please send us your confidential information. [LOOK
UP YOUR AREA]
Bruce Karatz is no golden carrot.
Here is the latest news and links for the former CEO of KB Home, he and
his entourage were at the helm of KB Home while this home was constructed.
He's preoccupied with stock manipulation instead of building a quality
product. He's laughing at the prosecutors saying why is the Government
wasting their time with me? Karatz was convicted on 4 of the counts and
faces 10 to 40 years. His sentencing is on September 8th 2010.
KB Home is in violation of the Federal Consent order on may levels. KB
Home is trying to get out from under this order. That means you will
have no protection against their behavior. Please pass the home buyer
lemon law in your state. [View
HOBB's website]
Countrywide Scandals ! Trial Set for March 1, 2010
A federal judge denied a request by the SEC to bring new claims in 2008
in a trial set to begin March 1 that Bank of America Corp. failed to
disclose “extraordinary losses” by Merrill Lynch & Co. in the weeks
before investors voted on the takeover of Merrill Lynch in 2008. Read
More
Angelo Mozilo charged with insider trading and securities fraud. Trial date to come.
Securities regulators filed charges accusing the 70-year-old Countrywide’s (now owned by BofA) former CEO, Angelo Mozilo of insider trading and securities fraud.
The man dubbed "Tangelo" by business media is the biggest name yet to be accused of wrongdoing by U.S. investigators probing the subprime mortgage crisis and housing market collapse.
On Thursday June 4th 2009, in a civil lawsuit filed by the U.S. Securities and Exchange Commission in Los Angeles federal court, regulators accused Mozilo of making more than $139 million in profits in 2006 and 2007 from exercising 5.1 million stock options and selling the underlying shares.
The sales were under four prearranged stock trading plans Mozilo prepared during the time period, the SEC said in the lawsuit.On another Countywide note:
Sources are saying countrywide executive Stanford L. Kurland,
Countrywide’s former president, runs the company that signs
on thousands of people to hundreds of billions of dollars
worth of lousy mortgages on overpriced houses. He sells millions
in stock and disappears before the spit hits the fan. Nothing's
his fault, of course. Mortgages like these, and derivatives
based on them, fall apart, sinking not only Countrywide,
but Fannie, Freddie, and dozens of others. The taxpayers
are soaked for billions to clean it up. I'm working on this
story and will post more on this and other Countywide executives
and the KB Home connection. See BofA sweeps it under the
rug (UPDATE BofA renamed Countrywide ~ paper shredders
going full steam?) >>>
How Can You Help? Is Your KB Home a LEMON? Follow us on Twitter
If
your KB Home is a “Lemon” too, this website is for you. We
have started a blog and you will be able to post your own experiences with
this builder go to the contact form above to get in touch with us.
(Check out the blog and comments).
Date / Time: 8/27/2010 9:00 PM Tonight
Category: Current Events
Radio Show Call-in Number: (347) 637-3050
Mold, is it growing in your KB Home right now? Simple "rules of thumb" can
help you decide when a mold problem in a home virtues hiring a professional
to investigate or clean up mold or other allergens. A mold professional
may have some neat gadgets to find or test for mold or cover it up depending
who they work for, but a real expert knows that a thorough home inspection
and an understanding of how homes work and where they leak, as well as
an understanding of mold itself, are critical in finding hidden mold problems
and in specifying the cleanup work needed. Stachybotrys chartarum is it
making your home worthless and KB Home is covering up the incident?
What to Do About Black Mold and other Indoor Air Quality IAQ Contaminants
• How to recognize, identify, & find toxic or allergenic indoor mold
in a KB Home
• How to test for mold, clean up mold, or remove mold from homes
• How to find, identify, and remove other indoor contaminants
• Indoor air quality cleanup, improvement, or corrective measures
This show is all about mold, nature’s most primordial element enhanced by "KB Home" lack of quality, poor workmanship and supervision. Call (347) 637-3050 to join in the LIVE Radio show - KB Home SUCKS. In this weeks news we discuss KB Home Board of Directors. Why Did four (Masuda, Marlett, Burkle and Shiba) of the 12 board members quit? Or were they fired for not going along with the Status quo? Will there be another? These resignations came just weeks before the sentencing of former CEO Bruce Karatz in his Federal Stock manipulation trial. Karatz is guilty and a convicted felon. Sentencing of Karatz begins on September the 8th 2010.
Sign up to be interviewed on "A KB Home Sucks" Radio to get your story out [Sign Up to Participate] You can be a current KB home owner, a past KB Homeowner, or a future KB Homeowner. You can work for KB Home, be one of it's subcontractors, or a former KB Home employee or manager. You may know what KB Home is up to on an intimate nature?
You can talk to us about your KB Home story using your real name, or a using a pen name, your identity will remain a secret.
Did KB Home build you a Lemon? Did KB Home build you a Diamond? or somewhere in between?
Now lets join our host, for KB Home Sucks, the LemonMeister...
Date / Time: 8/11/2010 5:00 PM
Category: Current Events
Radio Show Call-in Number: (347) 637-3050
[Show Archive] MP3 file
We will be adding resource links to help you and will work to get this site at the top of search engines. If you have information to share, others need to hear from you. We encourage you to share your story,so stay tuned to our work in progress.
If you haven’t purchased your home yet, this free website is intended to help other consumers avoid our experience with this home for the past four years and make informed decisions when choosing a home builder. Why should your hard earned money, your time and your sanity be challenged as well? If we only knew then what we know know now ~ this should be your warning as well. [See someone who ignored our warning] She admitted she should have listened!
If this is the HOMBUILDER OF THE YEAR for 2008 then no wonder the Building Industry is suffering. NO BAILOUT for poor building!
KB HOME BUILDS ILLEGAL RETAINING WALL
KB Home built an illegal retaining wall that they did not get a permit
for. This lack of professionalism is wrecking the land and the foundations
of the homes in this KB Home Subdivision. The lots are suppose to be
a type "A" grade. KB Home never checked the way the lots were
graded. They waffle on about a change/modification? That change was never
approved by the city. Also check out the Video page at
"A KB Home Sucks" for a video showing the water pouring onto
neighbors yard... an illegal event promoted by KB Homes Regional Vice President
- Don Barrineau and KB Home lot grading techniques.
A new video of the vast increase in water can bee seen in this video. Click on the image above, it will pop-up into a new window, then click the triangle to begin playing: [Video is from KBHomeSuck's YouTube Channel] compare the ever increasing lot damage and flooding. This video appears in a new pop-up window, so you'll need to not block pop-ups temporarily to play it.
YOUTUBE PREVIOUS VIDEO OF THE FLOODING
This was shot a few months back, note the bushes had no leaves. An enormous
amount of water is sent into the yard. This water undermines the foundation
of this KB Home. In winter the freezing and thawing of this ice breaks
a foundation and brickwork down. The problem has escalated in the newer
video above.
[View
the water that drains into all the yards]
Photo page: [VIEW
PICTURES OF KB HOME ILLEGALLY BUILT RETAINING WALL]
Our Complaints with this Lemon!
- Too many construction defects in the home
- Enormous number of repairs necessary
- Home not built to code
- Total negligence during building
- Too many leaks
- Too much standing water and soil erosion in the back garden
- Continual invasion of privacy from workmen and disruption of the home required for re~construction and repairs.
- Dampness and toxic fumes causing serious health problems
- Material differences in sub~division built and original plans to build more than 100 homes
- Only two homes built on this phase when KB Home abandoned the sub~division.
- Sub~division not well maintained or to city codes
- Failure to disclose major material facts that impact the sub~division at any time during the sales process or since closing.
There are so many construction problems that the contractors spend more time in my home than I do!
KB Home Sucks Twitter Feed:
BofA officially retires Countrywide brand
The Countrywide brand is no more, as Bank of America rolled out its rebranded Bank of America Home Loans unit on Monday April 24th 2009.
Bank of America acquired Calabasas, California based Countrywide on July 1, 2008, making BofA the country's largest mortgage lender. The unit remains based in Calabasas.
During the first quarter of 2009, Bank of America funded $85 billion in first mortgages, according to a statement from BofA. Of those loans, more than $16 billion went to low~ and moderate~income borrowers.
Other businesses gained through the Countrywide purchase will retain their brands, including Balboa Insurance Group and LandSafe, according to the BofA statement. BofA (NYSE: BAC) is based in Charlotte, N.C.
SEC Security and Exchange Commission charges KB Home’s former
Human Resources top executive with stock options backdating scheme.
May 15 ~ the complaint alleges that Gary A. Ray, by concealing his knowledge
about stock option backdating at KB Home, Ray contributed to KB Home's
filing of a false and misleading quarterly report with the SEC in 2006.
The SEC's complaint alleges that Ray used hindsight to pick advantageous grant dates for KB Home's annual stock option grants in order to enrich himself and others at KB Home. On many occasions, the grant dates coincided with dates of low monthly closing prices for the company's common stock.
(The Lemon never falls to far from the Lemon Tree? How many people did Gary A. Ray hire?) >>>
Lemonade Blog Feed to discuss issues with KB Home:
