- Report: #837736
Report - Rebuttal - Arbitrate
Complaint Review: Coldwell Banker Larchmont
Coldwell Banker Larchmont251 N. Larchmont Blvd los angeles, California United States of America
Coldwell Banker Larchmont Lisa Hutchins Diana Knox, John Winther, Betsy Malloy, Conspiracy to defraud clients concealment of disclosures from previous failed escrows, forgery,corrupt los angeles, California
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Coldwell Banker concealed disclosures and inspection reports indicating a severe state of disrepair while providing the new buyers with a mountain of false and fabricated information claiming restoration of everything... Coldwell switched the buyers inspector without buyers consent.Eventually the truth revealed nothing was restored, the house was red tagged and uninhabitable.The buyers were forced to move into a hotel then an apartment for over 42 months.
Coldwell also forged the buyers initials on the arbitration provision of the purchase contract and other portions of the contract.There is an F.B.I. investigation of the escrow officer, Gail Hershowitz's and Coldwells forgery but it served as a free pass for Coldwells fraud because Coldwell compelled arbitration and claimed buyers had a duty to discover the fraud earlier than their actual discovery, claiming buyers were on inquiry notice in escrow.
The arbitrator dismissed Coldwell. No accountability for Coldwells crimes.Defendants didn't even attend the arbitration.It seemed a forgone conclusion.The buyers believe and have evidence that even their attorneys were in collusion with Coldwell and acted against buyers interests The real estate fraud div. of the D.A.s office said they understood the buyers were defrauded but didn't have time to pursue it.
This report was posted on Ripoff Report on 02/11/2012 05:27 PM and is a permanent record located here: http://www.ripoffreport.com/r/Coldwell-Banker-Larchmont/los-angeles-California-90004/Coldwell-Banker-Larchmont-Lisa-Hutchins-Diana-Knox-John-Winther-Betsy-Malloy-Conspiracy-837736. 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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