Did Builder Fraud Create Inflated Home Values?
Jun 18th, 2008 | By
Kendall Trotter) | Category: Las Vegas Mortgage, Las Vegas Real Estate News, Las Vegas Real Estate Video
Veteran Realtors and Las Vegas top consumer advocates for Vegas home owners and home buyers, Kendall Trotter and Steve Hawks continue their discussion about new home builder fraud.The fraudulently inflated new homes caused values to rise beyond what they should have been in the free market with add ones like cars and cash back. This unknown cash back also caused the resale market to sky rocket beyond what it should have done since many of the resales pricing was attributed to the cost of a new home. It also caused the unsuspecting home buyer to over pay based on the fraudulent cash back prices of some new homes. It also has caused consumers to doubt what the real value is.This is not a problem for current buyers and sellers though. Kendall Trotter,Steve Hawks and The Las Vegas Real Estate Update will clear up all your doubts with the real facts and the real market value.
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