florida cash home buyers inc real esstate miami Nationwide
I just want to let you know my experience I had with all Florida cash homebuyers on August 18 2016 I was met at the house by Julie's and he was nice. He took pictures of the house and he came up with a number he wanted to give me for the house. He told me that they were going to check for any liens or open permits and if everything was clear we should close in two days after I was OK that's fine. He then called me two days after the title search and said that I had a few open liens on the property they were lies . he said that they needed to give me less money because of that I told him those are lies. I was then contacted up by another guy said that if the electricity in the house was OK they might give me the money I that was offered to me and I said no that I was not going to take less money . The on sept 15 I was threatened by Barbara Saldana by email . The on sept 16 liner morua- lepore show up at rick burrs house to threaten me . I will be filing a police report on her for trespassing and harassment. I never gave anyone the address to this home they have no right to come here at all. My husband is emotionally and physically sick over this.
I will be signing today just so that I'm over this nightmare that they have created. I've been lied to, they tried twice to lower the price and I've been threatened twice by this company. I will also be filing a complaint with the realtors board.
2 Updates & Rebuttals
Company Owner
Ft. Lauderdale,Florida,
USA
Company's Response to the Complaint
#3REBUTTAL Owner of company
Tue, September 27, 2016
Dear Miriam,
We are very sorry you were disappointed with our services.
In your first meeting with our buying manager, Julius, you mentioned to him that there is an open mortgage against the property and that you did not know the exact payoff amount. However, you did tell him that you can sell the property for around $70,000. We then agreed on the contract to NET you $12,000 based on this information, but subject to a title and lien search and obtaining an accurate payoff from the bank.
When the payoff came back it was for $72,500, so we then had to increase our purchase price to $87,000 in order to NET you $12,000 after paying all your closing costs. This was not what we agreed on based on the initial information that you gave us and that is why we asked you if you would be willing to re-negotiate the $12,000. When you said you are not willing to re-negotiate, we had to send our project manager to inspect the house and make sure we can go up on the price that much since there were some electrical issues that we had concerns with and a lot of other work that the house needed.
After we got the approval from our project manager, we agreed to go up on the purchase price to NET you the $12,000.
I am not sure which liens you are referring to. The only lien was the mortgage and an open citation from the animal services department. These were not issues for us.
We were ready to close and tried to reach out to you multiple times but all of a sudden you disappeared and stopped responding to us which is why we sent a representative to knock on your door and try to get in touch to coordinate the closing.
Again, we are sorry you ended up with a bad experience and wish you the best in your future endevours.
FloridaNative
Palm Beach Gardens,Florida,
USA
They aren't Realtors, they are investors
#3Consumer Comment
Wed, September 21, 2016
They aren't Realtors - they are investors. Reporting them to the board is not going to help unless they are Realtor. In this case, it sounds like they are buying for their own portfolio as investors.
Most of these "cash for your home" type purchases are based on 60% of market value. The hook is the investor tells you that you don't pay a commission but you get only 60% of the value of the property so the investor can flip it and make his profit. If you have a contract with these people and you don't want to sell it now, take it to an attorney to see if there is an out for you (legitimate out). Let the attorney handle the communications with the investors so you don't feel harassed. By all means, don't sell it if you want to go in a different direction or want to get market value rather than sell for a wholesale price. Let a good real estate attorney help you. Good luck.