- Report: #1439834
Complaint Review: Hubzu.com - Atlanta Georgia
Reported By:
Daniel -
Tarpon Springs, Florida, United States
Submitted:
Updated:
-
Author Confirmed
Why?
Hubzu.com
PO Box 105460 Atlanta, 30348-5460 Georgia, United States
Phone:
770-383-4937
Web:
hubzu.com
Categories:
Business Rating:
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Hubzu.com AltiSource Online Auction - AOA Sold me a home with a sinkhole and did not disclose Atlanta Georgia
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****.>
1 Updates & Rebuttals
Daniel
Tarpon Springs,Florida,
United States
Sinkhole property sold through Hubzu auction site
#2Author of original report
Wed, 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.
