Business ProfileforKarem Built Homes, Inc.

We reached out to Karem Built Homes in October 2021, as we were interested in building a custom built home with them. We were contacted by **** *. to setup a meeting to view the model home. We viewed a few available lots & also viewed a home that was almost complete. ** ******* & I were very impressed with Karem's homes. We looked at lots in 2 different neighborhoods & discussed the type of home we were interested in building. We were advised the estimated cost that it would be to build the house we were interested in. We originally wanted a 1 1/2 story with finished basement that included 2 bedrooms and a full bath in the 1/2 story but was advised that it cost less to finish in the basement. With that information, we decided against the 1/2 story and moved the 2 bedrooms to the basement. The floorplan that we decided on was almost identical to the one we viewed that was near completion with the exception of the basement having another bedroom and powder room. Also, we extended the garage and master bedroom. We were advised prior to signing the lot reservation that the house we were interested in would be in the $600Ks; that was the house with 1 1/2 story with finished basement. After looking at the house that was near completion, we discussed the price of that house & was advised the cost was approximately $580K. We were excited and ready to move forward, as we were going to change a few things and still be within our budget. We decided to move forward with the lot reservation based on the information that was provided to us. After months of planning & when the bid came back at $703K, Mr. Karem advised that the pricing on the near completion house was priced 2 years prior so it was not accurate. He also advised that **** should not have been giving numbers out. If we knew the facts back in October 2021, we would not have put down a $5K lot reservation. We would have had accurate info to make our decision. They did not provide accurate info nor the facts up front.