Complaint
Posted 1/4/2011
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1 Review
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0 Question
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43 Profile Views
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0 Answer
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Trustlinker since 01/04/11
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Review 1/4/2011
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I have been trying to purchase a FannieMae foreclosed property and although I had the winning bid at an on-sight auction the bid was rejected, I then made several "offers" and the last was pending when the property was handed to "REDC aka Real Est... Read More »
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Complaint
Posted 11/13/2010
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1 Review
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0 Question
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40 Profile Views
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0 Answer
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Trustlinker since 11/13/10
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Review 11/13/2010
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Bid $28,500 on a home 11/10/2010 and received an e-mail back I was outbid. I received a call on 11/14/2010 telling me I was the winning bidder at $28,500. A few weeks ago I was also the winning bidder for another property and signed close to 30 pa... Read More »
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Complaint
Posted 9/10/2010
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1 Review
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0 Question
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36 Profile Views
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0 Answer
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Trustlinker since 09/10/10
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Review 9/10/2010
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Disappointed! Found a house, bid online until the reserve was met, only to have the reserve price bumped up the next day!!!SCAM!! As stated by others this is NOT AN AUCTION! I understand if a seller's reserve price is not met they should not be fo... Read More »
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Complaint
Posted 8/25/2010
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1 Review
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0 Question
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31 Profile Views
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0 Answer
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Trustlinker since 08/25/10
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Huntington, CA
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Review 8/25/2010
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I agree with the previous posts have said, but they may not have read the auction agreements. I agree that what REDC is doing is not beneficial to the buyer and appears dishonest. However, they have disclosed what they are doing in the “Terms and... Read More »
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Complaint
Posted 8/27/2009
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1 Review
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0 Question
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73 Profile Views
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0 Answer
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Trustlinker since 07/03/09
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Review 8/27/2009
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I did buy a condo through REDC in July 2009. While both reviewers have some details slightly incorrect, I can attest that the auctions do have a sleazy feel to them and that you certainly feel that price inflation is going on. No one forced me t... Read More »
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Complaint
Posted 3/21/2009
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1 Review
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0 Question
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81 Profile Views
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0 Answer
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Trustlinker since 03/21/09
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Review 3/21/2009
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I was looking at a house to be auctioned off on their online site. They said there was to be an open house for this home today 3/21/09. My daughter and I took a ride to the house and no one was there. We did not get in to see the house. After that... Read More »
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Complaint
Posted 12/20/2007
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1 Review
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0 Question
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93 Profile Views
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0 Answer
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Trustlinker since 12/20/07
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Review 12/20/2007
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While attending the auction on December 11, 2007 I was disappointed that this was a fraud. During the first auctioned property, no bidders bid. However, the auctioneer and his floor workers were making bids up while walking down different aisles.... Read More »
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