Complaint Review: Real Estate Industry
- Real Estate Industry
- Category: Realtors
Real Estate Industry rip-off! Nationwide
*Consumer Suggestion: Way wrong! The seller doesn't have total control of the price.
*Consumer Comment: buyer sets the price
Contractors and investors that flip properties for their own greed and not give a chance to a real buyer. Contracts that have harsh demands and severe penalties. Properties that are sold as is that needs major repair and sellers command top dollar and they never even picked up a paint brush. People are fighting for greed in the real estate and ending up in court all because of the low interest rate.
If you calculate the savings in interest rate for a 30 year mortgage and the overpriced property that seller demands, you actually are not saving anything.
Being a seller in today's market is financially rewarding, the good news is a seller eventually has to become a buyer
LAKE WORTH, Florida
This report was posted on Ripoff Report on 07/26/2004 10:19 AM and is a permanent record located here: http://www.ripoffreport.com/reports/real-estate-industry/nationwide/real-estate-industry-rip-off-nationwide-100560. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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