Money Store
Buyer beware UPDATE: new address is Australia

During the last part of August, I had made an offer to purchase a repossed property owned by the Money Store. It took several rounds of offers and counter offers, but we finally agreed on terms. The terms were that I would pay their full asking price, but they had to upgrade the electrical service in the house to bring it up to code. They agreed, and cashed my earnest money check.

The very next day, they said they were NOT going to honor the agreement, nor were they going to pay for any termite treating if deemed needed (termite treating is mandatory in my state). Their realtor tried to reason with them on this point, telling them that it was mandatory they pay for termite treatment if needed, and the still said no way.

I got my earnest money back, but not until I had threatened to sue for breech of contract. Their realtor was so furious over this, they dropped the Money Store listing. How often does that happen? Buyer beware is all I have to say, because if they feel they can do anything they want, they will take advantage of anyone they choose.

Company: Money Store
Country: USA
State: Indiana
City: Terre Haute

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