Agent Austin Hellickson is currently under investigation by the Department of Licensing. Skyline Properties is be reviewed by the Better Business Bureau. Be sure to check out the BBB to see multiple 1 star reviews and a complaint. My complaint is not yet posted there.
My fiancé and I made an offer on the house Mr. Hellickson listed for sale. It was accepted and our contract contingent on the inspection and appraisal was signed by all parties. This signed contract was an indication to us to have the inspection and appraisal completed. We then completed and paid for the appraisal and inspection, which had satisfactory results. We signed all appropriate additional documents and liquidated assets to make cash ready for the down payment. One day before closing, we were told that the seller was putting the sale on hold. Apparently Mr. Hellickson had failed to do the initial analysis with his client to determine the price that the house would need to be sold for and what his net proceeds would be. The result was that the seller was required to come to closing with almost $33,000, which he apparently did not have. Therefore, not only did we lose the purchase of the house, but also the $1225 that we spent on the appraisal and inspection, as well as the costs to liquidate our investments. It is our position that Mr. Hellickson was grossly negligent, causing harm to us, not to mention wasting the time of our agent and lender.
Statement from my lender: “They didn’t do their due diligence. Just looking at what they purchased the home for a couple years ago and what type of loan it was, then adding in seller costs (commissions, excise tax, etc), the total due from seller was going to higher than the sales price, regardless of them saying the payoff came in late in the process…
The complaint is that they did not communicate any of this with anyone…I never received any response from anyone in their office.
One of the first things a realtor does is a Seller Net Proceeds. If they would have done this, the offer price would have never been accepted.”