ED Magedson – Founder
There are some shady practices out there for Home REO and shortsales. Some are outright illegal and fraudulent, but the really, really, insidious "scams" are those being perpetrated legally on unsuspecting home buyers.
GOD HELP anyone who falls victim to purchasing one of OneWest's foreclosures. Before you sign anything, get a real estate lawyer and ask him to explain what financial risks you are assuming by entering into a contract or REO addendum with this bunch of "crooks."
Contact me directly if you want a copy of OneWest's actual REO Addendums.
This report was posted on Ripoff Report on 10/28/2010 03:57 PM and is a permanent record located here: http://www.ripoffreport.com/r/OneWest-Bank/internet/OneWest-Bank-OneWest-Services-REO-Foreclosure-Addendum-HANGS-Buyers-OUT-TO-DRY-Internet-656324. 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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