Complaint Review: Wallace Realty Co Vic Wallace And Marie Leonard-Hartsell

Enticed with fraudulent claims by a Real Estate agency I invested $4,100.00 dollars on a property that should have been three (3) building lots with expired perk test, for a total of 21 acres. After investing in a survey, 3 perk tests, closing lawyer, I was discovered that there was never any perk tests on the property, there was only 13 acres, and there was only two lots. The agency has no intention of mitigating my losses and the owner has been polite but very cavalier about having no intention compensating me.

This agency was able to sell two smaller lots, 5 & 4.25 using the survey and perk sites they tricked me into paying for, and made their money both the agency and agent by lieing to me.

I saved all the listing, and even after they knew the property was not 3 - 7 acre properties they continued with the listing. NC law mandates that the agent and her broker in charge be held liable for all fraudulent claims used to sell property under the Unfair or Deceptive Trade Practices Act, yet these slick agents don't care- they are a big agency so they think they can get away with anything.

Lynda
Kannapolis, North Carolina
U.S.A.