Complaint / Review
My Realty Deal
Custom Search Services BEWARE: "My Realty Deal" is offering a product that doesn't exist. They have "Phantom Properties"!

Here is the deal on this company and how I found out the negatives on the supposed services they offer.

I am a real estate investor and purchase properties throughout southern California. I am always scouring the FSBO sites as well as CraigsList for potential properties homeowners are looking to get rid of.

I found a few ads that mention "Take Over Payments" or "Lease To Own". My specific ad that I was looking at was labeled, "$2170 / 4br-4ba - House for Lease / Takeover Mortgage.

I called the number on the CraigsList ad and essentially this is what they told me:

You take over payments on a house, move in, deed is transferred to you through a Quit Claim Deed. Your payment goes directly to the bank and all you need to come in with is a 1st month worth of rent. There is no qualifying or credit checks. A lease agreement is written up with an agent and the seller is out of the house.