Don’t Fall Victim to Common Consumer Fraud Tactics in Real Estate

Everybody’s worst nightmare is buying a home at what they think is a true bargain price, only to find themselves stuck with a home that will turn into a massive financial burden. Though it is an illegal practice, many home sellers get away with hiding important details until it’s too late. With a skilled attorney on your side, you can avoid these pitfalls.

  • Some home sellers pick buyers who they feel will be less aware of state consumer laws. That’s right – some people actually will target those who are more likely to be unaware laws because it greatly improves the chances of someone not reporting it.
  • It’s not unheard of for Realtors to pressure people into buying a house that they know is overpriced just for the sake of getting a better commission. This is just common practice in real estate. It’s not always malicious, but it is common enough to be expected. It’s human nature, everyone wants to make a buck – just like you want to save one.
  • In some rarer cases, sellers will try to intimidate buyers into not pressing charges or suing by saying that they have better lawyers. This tactic is a form of intimidation that can actually land them in serious trouble with the law. You need to report them for this.
  • While most real estate agents do “stage” a house for buyers, some will go the extra mile to cover up mold with paint or floor damage with a rug when they do it. If they are covering up damage that can lead to physical injury and are doing whatever they can to avoid having to disclose it, it’s illegal. This kind of behavior is actually against the Consumer Fraud Protection Act. Speak to a knowledgeable real estate lawyer like Joel R. Spivack, Esq. He won’t allow them to get away with it.

Real estate laws protect both the seller and the consumer. If you’ve been the target of fraud, you can exercise your rights. It is possible to become a victim to bad home sales tactics, but that doesn’t mean that you have to stay a victim. If you or someone you know has been defrauded by unethical real estate agents or sellers, you will need a lawyer to help you get your money back.

Contact the Law Office of Joel Spivack today for sound, expedient legal guidance.

We are here to help you.

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We are licensed to practice in New Jersey and Pennsylvania.

Attorney Joel R. Spivack is an experienced bankruptcy and residential real estate transactions lawyer in Cherry Hill, New Jersey. Clients come to us for legal services, but what we really provide is peace of mind. For more than 30 years, Attorney Spivack has helped people make wise, informed decisions about bankruptcy filings, debt relief options and residential real estate transactions.
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