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  • Report:  #1215858

Complaint Review: HomeVestors of Raleigh – Durham - Internet

Reported By:
Defang Predators - Durham, North Carolina, USA
Submitted:
Updated:

HomeVestors of Raleigh – Durham
Internet, USA
Web:
webuyuglyhousesraleighdurham.com
Categories:
Tell us has your experience with this business or person been good? What's this?

I'm an investor in rental homes in the south east US. I found that the local "ugly houses" people were unlike any other real estate professionals I've worked with. Others in this business have told me the same. One "Ugly Houses" agent tried to sell me a house that they did not own yet and that could not be connected to city services (I was not told that material fact). Others have the same business model - while in the closing process on a distressed home they begin advertising and trying to sell it for a tidy profit before closing on the property.  I wonder if they do not sell it by closing, if they extend the closing date for a long time.  That is possible in NC...

When you add no value to a home, don't even remove garbage from inside the home, then sell it at nice profit, you are little more than a parasite on our nations economy.  I'm guessing that what they do is legal but I'm convinced it is predatory, bad for the real estate business in our state, and bad for the economy of our country (add no value but inflate house costs - bad).  Don't deal with these guys, unless you enjoy walking in mine fields.



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