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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (40760)	9/6/2005 12:28:11 PM
From: Jim McMannis	Read Replies (3) \| Respond to of 306849

RE:"does KB homes build the same garbage as Kaufman and Broad?" Same company. Check out kbhomesucks.com

To: Lizzie Tudor who wrote (40760)	9/6/2005 2:33:43 PM
From: Elroy Jetson	Respond to of 306849

The primary problem with KB Homes (ex-Kaufman & Broad) is that Bruce Karatz is willing to build on land that KB can buy cheaply because other builders consider the land unsafe. Land that requires more fill than is safe, land with drainage problems, floodplains, infiltrated with faultlines, etc. I'd never buy a home built by KB. I've heard good things about David Weekley. Nate Shapell, based in Beverly Hills, has a long history of not paying his contractors until he is sued. He always has a very buxom black woman working as his secretary. Two brothers who run a paving business once pushed past Nate's secretary of the moment, into Nate's office to demand payment. Although he was not at his desk, they found him hiding in his closet. He then wrote them a check for what they were owed with a shaking hand. I have no idea why people still work for him. Does this affect the quality of his homes? Not that I know of, but the best contractors won't work for him. I also wonder if there were a problem with a Shapell home, would he treat you the same way he treats his contractors? .