We signed a contract with Buy Owner in Aug. The consultant that toured our home assured us that it would most likely sale within 2 or 3 months. When we sat down to discuss package options, he only presented us with two, the $3999 Executive package and the $4999 Platinum package. When I asked what were the less expensive options, he danced around the question and told us that the other packages wouldn't work for us. Then he told us that he would throw in the virtual tour. My intuition told me no but my husband said yes. So we gave him our credit card info, he stuck a sign in our yard and that was the end.
Buy Owner promises to walk you through contract to closing. We have not received any buyers through buy owner. 6 months later, my husband and I became proactive and started advertising ourselves through the use of a info tube and flyers. From this we have been contacted a few times with one very interested buyer. That buyer was not prequalified. I called Buy Owner to find out what our next step was and I haven't received a phone call yet (3 weeks later). I also gave the potential buyer the buy owner number to obtain a pre qualification and they were very rude to her.
So at this point, we scrambled to find a loan officer to get her preqaulified. Once she obtains financing, we then need help finding a title company to handle the closing.
Needless to say, what did we pay Buy Owner for? Buy Owner is a scam and a pretty good one at that. These theives come into your home by invitation and rob people out of their money in plain sight. The no refund policy is just a way to keep people from complaining and asking for their money back. Sellers, stay away from buy owner!!!
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