Complaint Review: Hubzu.com - Atlanta Georgia
- Hubzu.com PO Box 105460 Atlanta, Georgia United States
- Phone: 770-383-4937
- Web: hubzu.com
- Category: REAL ESTATE
Hubzu.com AltiSource Online Auction - AOA Sold me a home with a sinkhole and did not disclose Atlanta Georgia
*Author of original report: Sinkhole property sold through Hubzu auction site
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On October 25th of 2017 I purchased a home through the website hubzu.com located at (((REDACTED))), Land O'Lakes, Fl (((REDACTED))).
Sale price was $214,000 and the premium was $9,630. I was told that I had to use their title company, Premium Title Services, Inc, 1000 Abernathy Rd NE, Suite 200,Atlanta Ga 30328 (855)339-6325 sd the closing agent. I closed on the house with the promise that Altisource, another Hubzu company, would clear all the defects that I had been informed of which was the HOA arrears and fines.
I had to pay the county water company more than $600 to get my water turned on and had to also pay the HOA to be up to date. I spent more than $50,000 to rehab the house and sold the house on 2/28/2017. The buyer's agent came back a few days later with 2 sinkhole findings listed with the county from 2011 and 2012.
The seller, the title company nor my realtor disclosed these reports to me. I am a 74 year old investor and not able to navigate all the necessary sites myself.
I contacted Hubzu's****.>
This report was posted on Ripoff Report on 04/23/2018 04:39 AM and is a permanent record located here: https://www.ripoffreport.com/reports/hubzucom/atlanta-georgia-30348-5460/hubzucom-altisource-online-auction-aoa-sold-me-a-home-with-a-sinkhole-and-did-not-disc-1439834. 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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#1 Author of original report
Sinkhole property sold through Hubzu auction site
AUTHOR: Daniel - (United States)
SUBMITTED: Wednesday, May 02, 2018
No response from anyone from Altisource or Hubzu and I'm having to spend another $38,000 torepair the sinkhole that
was on the county report when I purchased the home from Hubzu. No cracks in floor or wass of home were evident when I bought the home
in October 2017. I stand to lose as much as $100,000 that will deplete my retirement.
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