Las Vegas Real Estate Blog » new home builders http://blog.888vgroup.com Las Vegas Real Estate Blog Fri, 16 Jul 2010 23:07:31 +0000 en hourly 1 http://wordpress.org/?v=3.0 Beazer Drilled for $50 Million http://blog.888vgroup.com/2009/07/07/beazer-drilled-for-50-million/ http://blog.888vgroup.com/2009/07/07/beazer-drilled-for-50-million/#comments Tue, 07 Jul 2009 09:14:30 +0000 Admin http://blog.888vgroup.com/?p=276 This week Federal prosecutors said they would not pursue criminal charges against Beazer Homes USA Inc. as long as the company remains in compliance with an agreement to pay up to $50 million in restitution to homebuyers who were allegedly taken advantage of by the builder’s in-house mortgage company.

Who will be next?   Kimball Hills, not a chance their mortgage company changed names twice then closed it’s doors before any buyers came forward based on some of the appraisals we have seen.

Stay tuned.

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