Slashdot Mirror


Unpleasant Surprises for Online Real Estate Buyers

prostoalex writes "Buying expensive items online from the people you've never met without any guarantees on the seller's part might seem a bit risky even for an experienced Internet shopper. The 'hotness' of the real estate investment market apparently influences some cash-heavy investors to look for opportunities online. When the entire transaction is done via a click of the mouse, and the deed for newly bought real estate arrives in the mail, some unsuspecting buyers might discover that a cozy house near the bus line in the middle of a busy street might imply a criminalized neighborhood and proximity to crack house. The New York Times investigates negative experiences of people buying investment real estate online."

5 of 240 comments (clear)

  1. PLEASE BE HELPING ME by LiquidCoooled · · Score: 5, Funny

    i have 50 million of your american dollers stored in bank account.
    my bank manager (mr arran) tells me i need an american to sign them over.
    if you can help me to withdraw it from bank i will give you 40 percant.
    yes, thats right i said 40 percant. you will get a whole 15million american dollers for helping me.
    sinerity yours
    mr wamo

    --
    liqbase :: faster than paper
  2. JRGhaddar by JRGhaddar · · Score: 5, Funny

    They don't tell you you're going to be across the street from a crack house. Yeah but if you get 3 more crack houses you can then upgrade to a bordello, and that's where the money is...

  3. Re:Check it out first, dammit by Fred_A · · Score: 3, Funny

    At least with V14gr4 you know what you're getting !

    --

    May contain traces of nut.
    Made from the freshest electrons.
  4. .. I got scammed like this by neveragain4181 · · Score: 3, Funny

    Yeah, got hit by the unexpected shipping charges...

  5. Re:Buffalo, NY by CrazyTalk · · Score: 5, Funny

    As someone who grew up in Buffalo, I can sum it up in one word - jobs. OK, maybe two words - jobs and snow.