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  • Report:  #270881

Complaint Review: Gulfstream Realty & Development

Gulfstream Realty & Development Pre-construction investimate at infated appraisal Ripoff Cape Coral Florida

  • Reported By:
    Central Valley California
  • Submitted:
    Tue, August 28, 2007
  • Updated:
    Tue, August 28, 2007
  • Gulfstream Realty & Development
    4821 Coronado Parkway
    Cape Coral, Florida
    U.S.A.
  • Phone:
    239-542-6906
  • Category:

I signed a contract with Gulfstream Development for a home in Southwest Florida. At the time of the pre-construction (apprx 15 months ago) the appraisal came in at $465,000. The loan I have is for $390,000. The home is now complete and my loan has gone into the permanent phase. The best I was told that this house could sell for would be around $260,000. My situation is similar to the gentlemen from central california, who wrote an entry here. I have no choice but go into foreclosure as well. Isn't there something that can be done ?

Julie
Central Valley, California
U.S.A.

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