Fraud - Real Estate Aget
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Fraud - Real Estate Aget (by Stephanie [DC]) Mar 19, 2011 1:03 PM
       Fraud - Real Estate Aget (by Moshe [CA]) Mar 19, 2011 1:12 PM
       Fraud - Real Estate Aget (by Stephanie [DC]) Mar 19, 2011 1:33 PM
       Fraud - Real Estate Aget (by Lori [NV]) Mar 19, 2011 4:52 PM
       Fraud - Real Estate Aget (by Virden [OH]) Mar 19, 2011 8:07 PM
       Fraud - Real Estate Aget (by TE [TX]) Mar 20, 2011 5:41 AM
       Fraud - Real Estate Aget (by Wallace CPM [VA]) Mar 20, 2011 8:39 AM
       Fraud - Real Estate Aget (by Wallace CPM [VA]) Mar 20, 2011 8:42 AM
       Fraud - Real Estate Aget (by Wallace CPM [VA]) Mar 20, 2011 8:42 AM
       Fraud - Real Estate Aget (by George [NJ]) Mar 20, 2011 12:55 PM
       Fraud - Real Estate Aget (by Chris [CA]) Mar 20, 2011 4:25 PM
       Fraud - Real Estate Aget (by in [IN]) Mar 20, 2011 6:21 PM
       Fraud - Real Estate Aget (by billy [MA]) Mar 21, 2011 6:52 AM
       Fraud - Real Estate Aget (by MJ [PA]) Mar 21, 2011 12:28 PM
       Fraud - Real Estate Aget (by Blue [IL]) Mar 22, 2011 4:48 AM


Fraud - Real Estate Aget (by Stephanie [DC]) Posted on: Mar 19, 2011 1:03 PM
Message:

I bought at DC rowhome years ago and the MRIS listing noted that the house had a "legal one bedroom basement". The selling real estate agent said it had a certificate of occupancy.

I just found out that there is not a certificate of occupancy registered with the DC rental accommodations division. How can a real estate agent state that a listing has a legal one bedroom basement when there isn't one? If this was fraud, should I speak to the title company or the agent? Please let me know as I'm pretty upset about this (though I should feel shame for not catching it).

Thanks

Stephanie

--24.126.xx.xxx




Fraud - Real Estate Aget (by Moshe [CA]) Posted on: Mar 19, 2011 1:12 PM
Message:

See a Real Estate attorney (NOT a Landlord/Tenant attorney).

You should have asked for the certificate of occupancy through the escrow.

I hope that you have a copy of the MRIS listing. Does it state on it, somewhere, not responsible for information listed, buyer advised to seek his own counsel?

--96.247.xx.xxx




Fraud - Real Estate Aget (by Stephanie [DC]) Posted on: Mar 19, 2011 1:33 PM
Message:

Thanks for the feedback. Yes, I have the MRIS listing and there is nothing that states that they are not responsible for information listed. Do you think I have a right to claim fraud? Thanks. --24.126.xx.xxx




Fraud - Real Estate Aget (by Lori [NV]) Posted on: Mar 19, 2011 4:52 PM
Message:

You have a "right" to claim anything you want. Whether or not it would hold up in court is an entirely different story.

Usually in the disclosure statement you receive and sign when you buy property there is a section that the seller will state whether or not he/she has knowledge of something. You need to find THAT.

Also what would prevent you from obtaining your own certificate of occupancy? Personally I would go that route. Good luck. --74.45.xx.xxx




Fraud - Real Estate Aget (by Virden [OH]) Posted on: Mar 19, 2011 8:07 PM
Message:

Regarding the legality of a basement sleeping room, the requirements of a window for egress measuring 24x24 min size - no gas burning appliance next to a sleeping room (closets are the common buffer) - separate lockable entrance door have been around before WW2, electrical items have changed over the years involving 2 outlets and a lite switch each room, these are ancient HUD standards. --66.72.xxx.xxx




Fraud - Real Estate Aget (by TE [TX]) Posted on: Mar 20, 2011 5:41 AM
Message:

Sorry to hear about. I am not sure you'd have a claim as its the buyers responsibility to do due diligence on the property to verify things such as this. I hope you can get it resolved quickly and cheaply. --76.30.xx.xxx




Fraud - Real Estate Aget (by Wallace CPM [VA]) Posted on: Mar 20, 2011 8:39 AM
Message:

The listing agent relied on information from the seller and you and your agent should have requested a copy of the Certificate OR evidence that one existed at the time of the closing.

There is no fraud. You should have asked for the certificate OR not closed on the purchase --67.76.xx.xx




Fraud - Real Estate Aget (by Wallace CPM [VA]) Posted on: Mar 20, 2011 8:42 AM
Message:

The listing agent relied on information from the seller and you and your agent should have requested a copy of the Certificate OR evidence that one existed at the time of the closing.

There is no fraud. You should have asked for the certificate OR not closed on the purchase --67.76.xx.xx




Fraud - Real Estate Aget (by Wallace CPM [VA]) Posted on: Mar 20, 2011 8:42 AM
Message:

The listing agent relied on information from the seller and you and your agent should have requested a copy of the Certificate OR evidence that one existed at the time of the closing.

There is no fraud. You should have asked for the certificate OR not closed on the purchase --67.76.xx.xx




Fraud - Real Estate Aget (by George [NJ]) Posted on: Mar 20, 2011 12:55 PM
Message:

Stephanie [DC]), You're supposed to do your own due diligence. Never take an agent's word on anything, it's easy to see if their lying, their lips are moving!

Ok, so now what, sue the agent & their office? Do you have $3,500-$4,500 to throw away on a retainer with it going nowhere but lining an attorney's pocket?

I've seen it too many times where six months after closing (while the gun is still smoking) buyers were really screwed, got an attorney involved and it went nowhere.

Do the best you can to get it made right on your own, explain the situation and ask what you should do and how to fix it. Throw yourself on their (building dept.) mercy, they usually will work with you.

**This is the kind of situation that made me get my own license, just so I could cut one more knucklehead out of my deals. I've had agents lie right to my face, I knew it at the moment, and it was for little things. --76.6.xx.xxx




Fraud - Real Estate Aget (by Chris [CA]) Posted on: Mar 20, 2011 4:25 PM
Message:

You buyers out there need to be careful. Cough up the price for a home inspection. A LL friend caught $ 50 k of hidden issues that way and now walks away. I relied on a general contractor doing the checking and voila, bought a dog with a ton of issues. --125.25.xx.xx




Fraud - Real Estate Aget (by in [IN]) Posted on: Mar 20, 2011 6:21 PM
Message:

The same agent represents the buyer and the seller.

Even as low as Attorneys go, they do not sink to represent both clients.

They are there to move the property, if it does not sell their business goes to sell --67.163.xx.xxx




Fraud - Real Estate Aget (by billy [MA]) Posted on: Mar 21, 2011 6:52 AM
Message:

i generally dont believe what these guys tell me and certainly not a re salesman.live and learn. --173.14.xxx.xxx




Fraud - Real Estate Aget (by MJ [PA]) Posted on: Mar 21, 2011 12:28 PM
Message:

I agree with Wallace. There was probably no deliberate fraud on the agent's part. You should get the unit inspected and fix what is needed for an occupancy inspection. I am not in favor of suing people for minor ommissions. --12.161.xxx.xx




Fraud - Real Estate Aget (by Blue [IL]) Posted on: Mar 22, 2011 4:48 AM
Message:

You say you bought this 'years ago". What's been going on all this time? What happened to make you suddenly realize it's not legal? --99.57.xxx.xx





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