Rachel Fay A Real Estate
Whom I Feel Is A Untruthful Real Estate Agent That Loves To Flip Homes Misleading untruth full and did not want my wife to see what she wanted me to sign. Ripoff

The Following complaint is my feelings, my opinion, and all of this has been reported to the Arizona State Board of Realtors.
DETAILS OF COMPLAINT

1.in early August I met Rachel Fay near a home that I owned at 3449 East Poinsettia Drive in Phoenix, Arizona (the "House"). Ms. Fay was noting information on a house for sale in the same neighborhood. I inquired if she was looking for a house in the area, and she said she was looking for a house for her husband's brother who was moving to Phoenix.

I told Ms. Fay that I was getting ready to put my House on the market and asked her some questions regarding market prices and how well homes were selling in the area. She did not want to talk about the market, she did not want to talk about the kind of money home owners were getting. I feel that she did not want to help be at all.

Ms. Fay Did not respond the way one would think a Realtor would respond. You would think that she would have shown some thoughts of trying to get me to list it. No, seemed like she had thoughts of doing what many Realtors are doing. Flipping it. Ms. Fay asked if she could look at the House. I told her we were in the process of remodeling, but that she could look at it.

Ms. Fay looked at the House and asked me what price I was asking. I told her that I needed some more info as to what other home owners were getting for their homes in this area. She did not want me to be an informed home seller. She did not want me to learn any info about the local Real Estate Market at all!

Ms. Fay said she would be interesting in buying the House in "as is" condition provided I would leave all the materials purchased for the remodel. She then said her husband would need to look at the House to see if it would work for his brother. Later that same day, Ms. Fay's husband looked at the House, and she called me to say she would offer $145,000 for the House.

She told me that she had another home that she was looking at and told me that If I wanted to sell my place to her that I had to give her a answer in 24 hours. I feel she put that 24 hour limit on her offer so I would not have time to do any market research.

I talked the offer over with my wife, and countered with $150,000 Ms. Fay accepted the counteroffer. Ms Fay brought me the purchase contract, which included some extra items she wanted to include. My wife and I reviewed the contract and agreed to sign it.

Make note that Ms Fay tried to get me to sign the contract before my wife got a chance to read it. I told her that I was NOT going to sign it until My wife and a reviewed it together.

She kept repeating many times that My wife's signature was not needed because she was not on the deed as an owner. I had to repeat many times that I WAS NOT going to sign it before my wife had a chance to review it.

Funny how Fay wanted her husband to see everything that she had plans to sign before she signed anything!

After the escrow was opened and Ms. Fay was working on obtaining her financing for the purchase, the bank required an appraisal on the House. Ms. Fay told me that she NEEDED TO PRESENT at the House during the appraisal. When the appraisal guy got to my home to appraise the home Rachael Fay and he went behind my home and had a little chit chat. I feel that she got him to low-ball the value of my home. Yes, my home did need some work and some landscaping.

One would think that her having a chitchat with the appraisal guy while he was trying to set a value to my home would be unethical to say the leased. I hope that the AZ State Board of realtors feels the same way!

Ms. Fay contacted me after the appraisal and said the House only appraised at $140,000. I told her that I was selling the home because I had already opened escrow on the purchase of another home, I felt pressured to take the $140,000 purchase price instead of the mutually agreed upon $150,000. The sale went through for $140,000.

On approximately Sep 5 I drove by the House
and there was a real estate sign in the front yard advertising it for sale. A NORTH SCOTTSDALE real estate agent has told me that the listed price for the House was $186,500. She also told me she sold it for $182,000 on 9/1/04

I found a NORTH SCOTTSDALE Realtor that has been helping me get the needed info to help me with my research. I will not mention her name because I do not want her name on the complaint. She and Fay both like to work for the same Real Estate Office. I told my informant I would never tell who she is. If you read this MY FRIEND, Thanks for your help!

I have requested that the Arizona State Board of realtors investigate Ms. Fay with respect to the following questionable practices under Arizona statutes:

(a) Ms. Fay is a licensed real estate sales person and did not disclose this on the purchase and sale agreement as required by the rules of the Arizona Department of Real Estate; in fact, she represented to me that she was buying the House so her brother-in-law could rent it from her. UNTRUTHFUL lies to take advantage of me.

Doing some research on the net I find that she has been working in the area of House that I regretfully sold to her for some time, buying and selling homes. These transactions should be investigated to determine whether Ms. Fay engaged in unethical conduct in these transactions. I also have talked to some state officials and they have plans to review her actions and take a look into her relationship with others in the industry.

I also had a chat with the guy who bought my home from her. He told me that the 220 volt dryer receptacle did not work and that he had to pay almost $800 bucks to have it fixed. He said that she told him that I might have cut the power lines so the dryer receptacle would not work!

I never used the dryer on a 220 volt system. My dryer ran on 110 and natural gas. I never checked to see it was working or not. When I bought the home I bought it AS IS and when I sold it I sold it AS IS.

Rachael Fay had a home inspector come through that home before the deal was a done deal and check to see what did and did not work. I mean a COMPLETE home inspection. I never got to see the home inspection documents so I have no clue what they found. I am willing to bet that Rachael Fay knew that the 220 volt dryer receptacle did not work. I am sure that a professional home inspector would have noted that the 220 dryer recep did not work.

Maybe Rachael Fay did not disclose to the buyer what did and did not work. Maybe she did not want to pay to have it fixed.

I FEEL that the new home owner should go after Rachael Fay for the $800 repair bill. I never used the dryer on a 220 volt system. My dryer ran on 110 and natural gas.

I was told that she said him that I might have cut the power lines to the dryer receptacle. Note to the nice guy who bought my old home. Go after Rachael Fay for the $800 repair bill. She did know what worked and what did not work. She got copies of the home inspection.

I FEEL Ms. Fay's conduct in this transaction has the appearance of unethical conduct. A copy of the purchase and sale agreement has been brought to a local state agency to be reviewed. I also have this transaction being reviewed by some people that that have the power to take legal action if they find any laws that have been broken.

Mobile
(480) 227-9238
Office
(480) 948-5554
Fax
(602) 485-4530
Email:
RachelFayWUSA@aol.com

She works at a West USA Realty office in Scottsdale AZ

On Her web site she says
"Focused On What's Important To YOU"
Comparable Sales in Your Neighborhood
I am YOUR Realtor

I feel Fat Chance she was"Focused On What's Important To me"

Doing some research on the net I find that she has been working in the area of House that I regretfully sold to her for some time, buying and selling homes. Below is the proof.

Http://recorder. Maricopa. Gov/recdocdata/Frame2.Asp? PageName=GetRecDataPgDn&rec=0&nm=Fay Rachel &sar=UnOfficial&bid=&bdt=1/1/1983&edt=10/25
&cde=&set=250&lnk=1&bsw=TRUE&basket_id=&shopper_
Id=&usr_Email=

To all home owners before you sell your home to a Real Estate agent, do your self a big favor and pay a lawyer to have all documents checked over real good before you sign anything that a realtor many stick infront of you. Also pretend that you are looking for a home in your area and call up a different Realtor and act like you want to buy a home that has what yours has. See what that Realtor comes up with.

Many Realtors are EX-CAR sales people. They only think as to how much of your hard earned money they can TAKE!

I Love usacomplaints.com:) My attorney is looking over all doc's and he said if he finds any deceptive ways or finds any laws that have been broken he will take action!

Stick
Phoenix, Arizona
U.S.A.

Company: Rachel Fay A Real Estate
Country: USA
State: Arizona
City: Phoenix
Phone: 4802279238

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