Complaint Review: David Campbell - NJ Real Estate Agent of Soleil Sotheby's & Coldwell Banker Argus Real Estate - Ventnor New Jersey

   

David Campbell - Agent of Record - curently with Soleil Sotheby's International Realty - Margate, NJ 08402   "Insurance policies do not protect against deliberate criminal and civil illegal acts." - Local Professional Attorney involved in this matter.

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Real estate professionals and real estate attorneys have a fiduciary duty, including a responsibility to disclose all relevant information prior to purchase, failing to disclose crucial information affects the investments. Severe financial damages occurred to owners andinvestors who purchased condos in 4805 Ventnor Avenue, Ventnor, NJ 08406.

These documents, reports and letters from real estate professionals, local police and financial lenders   will show, beyond a reasonable doubt, that it was both the reckless and intentional actions of Caldwell Baker- Argus Real Estate, and the condo association that , according to the legal definition , these allegeded acts were committed:

George K Miller Esq. Failure to Disclose 

https://www.justice.gov/usam/criminal-resource-manual-914-concealment-failure-disclose

Fraud

https://www.nyccriminallawyer.com/fraud-charge/investment-fraud/

Intent to Deceive

http://contract-law.laws.com/legality/intent-to-deceive

Poor stewardship

http://www.dictionary.com/browse/stewardship

Unfair Business practices 

https://www.hg.org/article.asp?id=20387

Extreme Financial loss and hardship

http://business-ethics.com/2014/09/23/1840-business-fraud-culture-is-the-culprit/

Intentional Breach of Fiduciary Trust and Responsibility

http://apps.americanbar.org/abastore/products/books/abstracts/5310344_chap1_abs.pdf

Steering, and undue influence

http://business-ethics.com/2014/09/23/1840-business-fraud-culture-is-the-culprit/

  This is a photo of 4805 Ventnor Avenue, Ventnor, New Jersey 08406

These legal terms fulfill the alleged actions and are provable under common law. It is alleged that it was solely the actions of Coldwell-Banker Argus Real Estate, Richard Jackson and members of the condo association alleged activities of breach of fiduciary trust, breach of fiduciary duties, intentional fraud, misfeasance, intent to deceive, creation of financial hardship, emotional distress, poor stewardship , financial damages, failure to disclose, unfair business practice and intentional breach of fiduciary duty that was the direct causation of making units within 4805 Ventnor Avenue  un-financeable.                                                                         CONDO MARKET ANALYSIS

                                           Brigantine     Atlantic City    Ventnor              Margate            Longport

Q115 Avg. Price                     $235K           $50K                  $94K                $275K               $600K

Q16 Avg.  Price                      $169K           $50K                $130K                 $251K                $195K

Q115 Units Sold                           9              35                          13                    9                           1

Q116 Units Sold                           18              25                        13                   15                           3

The numbers above show the market value of condos that recently sold within Ventnor, NJ and surrounding areas.  This information was provided by David Campbell (pictured at top of the page), Soleil           Ricard Jackson                        Sotheby's International Realty, 8502 Ventnor Avenue, Margate, NJ 08402 c 609 513 6399 o 609 487 8000. David Campbell is also an agent on record in 4805 Ventnor Avenue, Ventnor, NJ. 

"Documents demonstrate the un-financeability by Third Party Lenders" 

Interested buyers could not get conventional financial loans or mortgages and “We buy Houses Fast for Cash” Buyers turned down purchasing opportunities because they would lose their investment.     Because there was no money in the building, and no financial institutions or mortgage companies would lend to potential buyers and the condo fees were not in alignment with value or market, some owners were unable to sell at fair market prices.     1 bedroom asking price $27,500K 1 bedroom market value $130,000K Value Loss of $102,500K             "This Property is a documented hotbed of illicit criminal activity"

​These reports were not disclosed, although known to the property manager, condo board and of public record. This among other non-disclosed information, caused massive financial losses and untold damages.​