The so called "auction" is a scam on grand scale. I paid $9843.75 earnest money,the checks promptly cashed. 8 days later I surf the REDC's and notice that the property is up for auction again. Nobody informed me. but the earnest money 10k check was promptly cashed.Also they lie about the previous value of the properties. In my case it was stated previously valued to $690K. ; after checking the records in the same development for the peak period 2005-2007 the highest sale was for 450K.
The so called "auction" is a scam on grand scale. I paid $9843.75 earnest money,the checks promptly cashed. 8 days later I surf the REDC's and notice that the property is up for auction again. Nobody informed me. but the earnest money 10k check was promptly cashed.Also they lie about the previous value of the properties. In my case it was stated previously valued to $690K. ; after checking the records in the same development for the peak period 2005-2007 the highest sale was for 450K.
tatealex 1 year ago