ED Magedson – Founder
American Homes 4 Rent1624 Westgate Circle, Suite 125 Brentwood, Tennessee USA
American Homes 4 Rent Beware of loopholes in AH4R "Buyer's Contract" Brentwood Tennessee
American Homes 4 Rent Buyer's Contract is a joke.
American Homes 4 Rent makes fair offers on homes; cash deals with 21 days to close and $5,000 in earnest money. They send realtors out and make offers on homes site unseen. If the house passes all inspections, they will send a manager out to view the home and decide if they actually want to go through with the sale.
American Homes 4 Rent Buyer's Contract leaves them the option to back out of the contract for no reason whatsoever. They walk away with their earnest money.
If you sign a "contract" with American Homes 4 Rent, do not jump through hoops and extend yourself financially (sign a lease or put earnest money on another home) because if they bail out, you will be left holding the bag.
This report was posted on Ripoff Report on 05/06/2013 06:21 AM and is a permanent record located here: http://www.ripoffreport.com/r/American-Homes-4-Rent/Brentwood-Tennessee-37027/American-Homes-4-Rent-Beware-of-loopholes-in-AH4R-Buyers-Contract-Brentwood-Tennesse-1048693. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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