Community Chat

[sandraskates]

@Tabbycat

Thanks for the update. As I said I do watch that channel a lot. There are transactions that fall through and then the Auction Network puts the properties up for bid again. What I don't know is under what terms money is refunded. 

They require 10% down when you win the property and then the balance is due in 3 weeks. (This is why I've never actually bought anything; I don't have the cash).

Anyway, I'm really sorry to hear about this bad adventure for your friends. I hope it gets worked out and they get a refund. Please let us know. You are .a good friend.

[sandraskates]

@missy1

This was not a traditional home purchase. It was a purchase from America's Auction Network - which sells a heckuva lot of land and homes. You're basically making a cash sale.

[Kachina624]

@Tabbycat  If your friends have trouble getting their money back, and after reading complaints I bet they do, tell them to immediately contact the consumer fraud division of the Florida Attorney General's Office.  I'm sure they're already familiar with the company.

[PINKdogWOOD]

I'm curious as to why this couple would put down money prior to the inspection.  This isn't typically how you go about buying a house.  You get approved for your loan but you don't put money down or turn money over until it's been inspected.  No way would I do this.

As a side note, yes most ifomercials are for crazy goods but not all.

[Kachina624]

@PINKdogWOOD  It was an auction.  People often get caught up in the frenzy of bidding and common sense goes out the window.

[Nuttmeg]

I would rent a place. I know of friends who brought places in the South and came back North. They were not happy.

[Tabbycat]

Hi all, sorry I can't get here as often as I'd like to. I really do appreciate each your comments. It is helpful to get different opinions and questions. And with that, this whole mess saddens me more and more as time goes by.

 I have the same questions as you all do. I don't understand, to save me, the reasoning behind this purchase. My BF said she would let me know when there was any news.

@Kachina624 .... a special "Thank You" for your insight. I think you are right in your post #15..... he got caught up in the frenzy.

I will certainly tell my BF to contact the fraud division of the FL. AG Office if they have trouble recovering their money. Unfortunately, I hope and pray I'm wrong, but I expect that to happen.

[JDJ555]

@Tabbycat, Sorry your friends had this happen.  Hope it works out ok.