AlfonsoGomezBroker.com blog is intended for home buyers and sellers interested in keep informed in all things real estate. From national to local news will be shared on this blog. Diamond Bar and Pomona California real estate news and notes will be central to all discussion. Visit my website for the ultimate real estate property search www.AlfonsoGomezBroker.com
Friday, August 15, 2014
Broker paid $150k thinking he bought a house but ended up with an empty lot...
AlfonsoGomezBroker.com - This story is why I don't do auctions...
A broker, yes real estate broker, he should know better, saw a picture of home and bid on it. Well luck would have it, that he won the bidding war with a $150k bid but when we got to the property he learned that he actually bought an empty lot. The picture he saw was the picture of the neighbor's home, he's lot does not even have water connections...
The sale is final and it's an expensive lesson for the poor real estate broker...
For the full article click HERE
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