Zillow Advice: Buying Process - Lied to by real state agent- now what? http://www.zillow.com/advice-thread/Lied-to-by-real-state-agent-now-what/392246/ Zillow Advice | Zillow Real Estate If it was a Minnesota Realtor ... http://www.zillow.com/advice-thread/Lied-to-by-real-state-agent-now-what/392246/ If it was a Minnesota Realtor and you feel that they were in violation of the Code of Ethics you can file a complaint with MAR. Go to <a href="http://www.mnrealtor.com" rel="nofollow">www.mnrealtor.com</a> and click on Professionalism then proceed to how to file a complaint.&nbsp; You can also file a complaint with the department of commerce if you feel that they knew about the road plans and didn't disclose them.&nbsp; The first thing to do would be to check and see if you signed arbitration.&nbsp; I would recommend getting a lawyer if you want to proceed any further than just filing a complaint. Fri, 01 Apr 2011 02:38:00 GMT http://www.zillow.com/advice-thread/Lied-to-by-real-state-agent-now-what/392246/ 2011-04-01T02:38:00Z Ouch I wonder if you could ... http://www.zillow.com/advice-thread/Lied-to-by-real-state-agent-now-what/392246/ <p>Ouch I wonder if you could go after previousl seller for not disclosing known material facts about the property? That might be an impossible route to go.<br/><br/>Yea, you might not have legal recourse with your agent but nontheless he/she did a HORRIBLE job representing you and you have every right to be pissed off.<br/><br/>At the very least report the agent to Commerce, their association, whoever.<br/><br/>Bummer~</p> Wed, 30 Mar 2011 16:14:00 GMT http://www.zillow.com/advice-thread/Lied-to-by-real-state-agent-now-what/392246/ 2011-03-30T16:14:00Z It is an unfortunate situation ... http://www.zillow.com/advice-thread/Lied-to-by-real-state-agent-now-what/392246/ It is an unfortunate situation and I'm sure very frustrating.<br/><br/>Road projects are planned years in advance.&nbsp; Some of them stay on the books a decade or more&nbsp;before they are ever funded much less completed.&nbsp; There are platted sub-divisions from the 1950's on the books which are still vacant fields. <br/><br/>We can only offer our opinions of what should or should not have been done.&nbsp;That really does not aleviate your concerns or anguish. <br/><br/>Find an experienced real estate attorney who can review the docs you signed and give you sound&nbsp;advice on your recourse.<br/><br/><br/> Sat, 26 Mar 2011 05:10:00 GMT http://www.zillow.com/advice-thread/Lied-to-by-real-state-agent-now-what/392246/ 2011-03-26T05:10:00Z It is the buyer's duty to ... http://www.zillow.com/advice-thread/Lied-to-by-real-state-agent-now-what/392246/ <em>It is the buyer's duty to investigate, it is the buyer's duty to understand what they are buying, agents don't have crystal balls and you could call 10 different people at the county level in any municipality and get 10 different answers about ANY question.</em> <br/><br/>Great, so tell me why the flipping hell I would ever need a buyer's agent.&nbsp; If they can't to the sort of standard diligence that an intern could do, why the **** should they get 3% of the selling price for opening a door?<br/> Sat, 26 Mar 2011 03:09:00 GMT http://www.zillow.com/advice-thread/Lied-to-by-real-state-agent-now-what/392246/ 2011-03-26T03:09:00Z We are not attorneys and ... http://www.zillow.com/advice-thread/Lied-to-by-real-state-agent-now-what/392246/ We are not attorneys and you should understand that answers from us (unless an attorney responds here) should be taken as opinions based on experience and what we know about disclosure laws in our states.&nbsp;&nbsp; It is the buyer's duty to investigate, it is the buyer's duty to understand what they are buying, agents don't have crystal balls and you could call 10 different people at the county level in any municipality and get 10 different answers about ANY question.&nbsp;&nbsp; If you were concerned about future development you should&nbsp; have paid a visit to the county planning and zoning personally.&nbsp;&nbsp; However, that doesn't mean that the day after you closed someone could not have purchased that farm and built a mega mall behind you.&nbsp;&nbsp; ANY time I sell a property that backs up to raw land I tell the buyer that there is NOBODY who can tell you what will happen to that land - not even the current owner, because that person could die and his or her heirs could do something totally different.<br/>Enjoy your home, enjoy the $8000 tax credit, and see what happens or sell when you can.&nbsp;&nbsp; Good luck. Sat, 26 Mar 2011 01:24:00 GMT http://www.zillow.com/advice-thread/Lied-to-by-real-state-agent-now-what/392246/ 2011-03-26T01:24:00Z Red flags!&nbsp; As a realtor ... http://www.zillow.com/advice-thread/Lied-to-by-real-state-agent-now-what/392246/ <p>Red flags!&nbsp; As a realtor the questions needed to be asked the developer, city&nbsp;and county.&nbsp; Sometimes the answer vary from person to person on all levels.&nbsp; Tough to determine negligence or lack of performing due diligence. Arbitrator or attorney should be contacted.&nbsp;&nbsp;</p> Sat, 26 Mar 2011 00:32:00 GMT http://www.zillow.com/advice-thread/Lied-to-by-real-state-agent-now-what/392246/ 2011-03-26T00:32:00Z First off, gather up ALL ... http://www.zillow.com/advice-thread/Lied-to-by-real-state-agent-now-what/392246/ First off, gather up ALL of your original paperwork. I'm not familiar with your state, but in AZ, I would have sent you a buyer's advisory and had you sign it. On that buyers advisory, there would be a link to the AZ Dept of transportion's website, and you would have checked off that you referred to the website about any concerns you might have for planned future road development.<br/><br/>Not saying that the agent shouldn't also look. The agent should, and the agent should make you aware of such a thing. But see what you signed off as part of your transaction, because that may or may not limit what rights you have to complain. Fri, 25 Mar 2011 23:46:00 GMT http://www.zillow.com/advice-thread/Lied-to-by-real-state-agent-now-what/392246/ 2011-03-25T23:46:00Z If you're looking to seek ... http://www.zillow.com/advice-thread/Lied-to-by-real-state-agent-now-what/392246/ If you're looking to seek damages against your Realtor, if you AND your Realtor signed the standard MN Arbitration Agreement, you will have to use arbitration rather than using the courts to seek remedy.<br/><br/>The arbitration disclosure provides a brief explanation of how to arbitrate. You aren't required to use an attorney, however it's most likely that your Realtor will be represented by counsel.<br/><br/>The best advice would be to seek legal counsel. Make sure you bring with you all documentation including signed documents, emails and correspondence. In Minnesota, verbal statements or agreements are virtually worthless. It has to be in writing. Fri, 25 Mar 2011 23:15:00 GMT http://www.zillow.com/advice-thread/Lied-to-by-real-state-agent-now-what/392246/ 2011-03-25T23:15:00Z I would immediately advise ... http://www.zillow.com/advice-thread/Lied-to-by-real-state-agent-now-what/392246/ I would immediately advise you to consult with a real estate attorney.&nbsp; Only then can you know what Minnesota real estate law apply to your situation.&nbsp; Many times, there is a burden of proof involved and unless you have it in writing it may be hard to prove what the agent said.&nbsp; You may have also signed documents which clearly stated it is the buyer's responsibility to investigate all aspects of the property that might effect the desirability or value of the property.&nbsp; Neither of these points are black and white and is the reason why it is best to consult with an attorney.&nbsp; <br/><br/>Best of luck to resolving this situation.<br/>CJ <br/><br/> Fri, 25 Mar 2011 21:48:00 GMT http://www.zillow.com/advice-thread/Lied-to-by-real-state-agent-now-what/392246/ 2011-03-25T21:48:00Z That's a difficult situation. ... http://www.zillow.com/advice-thread/Lied-to-by-real-state-agent-now-what/392246/ That's a difficult situation. I'm not a lawyer, so this isn't legal advice. However . . . <br/><br/>Did the agent actually inform you that there were no future plans for development? Or was it a bit more hedged, such as: "I don't know of any plans for development." Or even: "I really don't know. You should check with the local authorities to make sure." Agents are usually very cautious about answering such questions because, if they make an absolute statement ("no plans"), then they can be on the hook if they represent that they've checked and are providing the correct answer. And they usually follow up any comment with: "You should check yourself."<br/><br/>One other thought: If the highway has been on the master plan (or whatever your area calls it) since 2003--8 years--and it's still a farm, then it's likely (as a practical matter) that construction may not begin for years, if ever. Master plans get changed. And even if it is built, it'll take years. Your small children likely will be in college before the cars start using the highway. That may not be too much consolation, but I doubt you'll be constrained by repayment of the tax credit.<br/><br/>Certainly check with a lawyer to determine your rights.<br/><br/>Hope that helps. Fri, 25 Mar 2011 21:20:00 GMT http://www.zillow.com/advice-thread/Lied-to-by-real-state-agent-now-what/392246/ 2011-03-25T21:20:00Z