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Love the comment in the advertisement about great natural light. It probably had holes in the roof and ceiling. I am not normally a compainer but the brokerage needs to know that potential clients do not appreciate the deception and waste of time.
I actually saw that in a condo in FL Top floor view of the clouds.
Posting links to MLS is prohibited here. I got an infraction for it.
Really? I didn't realize that. There have been many such links posted on C-D and they usually help the discussion. It makes me wonder about who is running this place. It also makes me wonder how many millions of dollars the owners of City-Data are deriving from our posts. Advertisers wouldn't be here without them. Maybe we should get a cut!
Really? I didn't realize that. There have been many such links posted on C-D and they usually help the discussion. It makes me wonder about who is running this place. It also makes me wonder how many millions of dollars the owners of City-Data are deriving from our posts. Advertisers wouldn't be here without them. Maybe we should get a cut!
I can only post two sorts of MLS listings:
Other agents' listings, which then put my contact information, or my own listings, which would get me the boot.
Most listings we see posted are on Realtor.com, Zillow, Trulia, etc, and those sites are allowed, because they are not brokerages and are not MLS.
Sometimes people promote Redfin, which is a brokerage, and I flag it every time for advertising a real estate agency site.
I sort of wish that the RE Professionals forum had a function where we could post and discuss our sites and listings. Of course, being open to the public, that would be advertising and not allowed.
Yeah the house was pretty bad and I thought the description was pretty off...the point is they didn't technically lie in the description, just left stuff out...
I kind of got a hint from the pictures as there is those little twisty- air freshener's all around the house. It did smell like mold/mildew when we walked through, and there was a french drain in the basement..another red flag.
There was also asbestos. Don't they have to disclose asbestos? Or they don't have to because they don't know anything about the house?
The homepath program offers financing up to 125%. The intent is to have a credit line available to make the specified repairs. The program is based upon HUD minimum requirements, which means the extra money may not be enough to cover all desired repairs and also leaves you with a much larger mortgage payment. After all, you are paying interest for 30 years on the repairs as well. For most people it's a loser deal. (Unless you are in a very high rent area and the mortgage would be a substantial savings.)
Yeah the house was pretty bad and I thought the description was pretty off...the point is they didn't technically lie in the description, just left stuff out...
I kind of got a hint from the pictures as there is those little twisty- air freshener's all around the house. It did smell like mold/mildew when we walked through, and there was a french drain in the basement..another red flag.
There was also asbestos. Don't they have to disclose asbestos? Or they don't have to because they don't know anything about the house?
If you "got a hint", you should not be surprised at all. Foreclosed homes are not for first time home buyer in a lot of the cases.
Why is a french drain a red flag?
House that has not been occupy will have a smell. I call it a the dead air smell.
In reply to the OP. NO, it is not normal to misrepresent a house. You don't know what the foreclosure company or bank told the agent to write, or wrote it themselves. There a tons of bank owned properties out there, and the banks either have their own agents, or a list of certified foreclosure/short sale agents that they use. Remember, the Feds can pretty much do what they want.
Yeah the house was pretty bad and I thought the description was pretty off...the point is they didn't technically lie in the description, just left stuff out...
I kind of got a hint from the pictures as there is those little twisty- air freshener's all around the house. It did smell like mold/mildew when we walked through, and there was a french drain in the basement..another red flag.
There was also asbestos. Don't they have to disclose asbestos? Or they don't have to because they don't know anything about the house?
The only way to know there is asbestos is to test for it. Otherwise it is likely, but not known. They only have to disclose known facts. So if there was an asbestos test done, and it was positive, then that should have been disclosed up front so that buyers knew before they walked in. So the bank had an asbestos test done, but didn't tell you?
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