I spotted the ad at right on the Seattle Times homepage yesterday. It’s not as patronizing as Quadrant Homes’ old “down payment latte” ad was, but the claim of buying for just $800 a month immediately jumped out at me as unlikely. Running some quick numbers through my Simple Affordability Calculator indicates that to have…
Tag: false advertising
Shady Practice of Relisting Gets National Attention
A few people pointed out this national story that ran on last night’s Nightline: Buyer Beware: Unsold Homes Are Often ‘Re-listed’. It’s a tactic called “re-listing,” which is legal and more common than you think. “Re-listing is just refreshing the home on the market,” Niece explained, “making the home look like it just came on…