Some home sellers in California are discovering that they have been overcharged for closing costs, including for the amounts they paid for Natural Hazard Disclosure (NHD) reports for their properties.
Sellers complain that they are surprised to learn that their realtors are significantly marking up the costs of NHD reports and/or other charges and then pocketing the difference between what the sellers pay and the true costs of the reports/charges.
Though the NHD report costs can be small compared to the large amounts involved in closing costs overall, these practices are illegal and result in millions of dollars in illegal upcharges every year by the offending NHD report companies and realtors, at the expense of sellers.
If you have recently sold a home in California within the last three years through any of the real estate agencies listed below, we urge you to use the form on this page to contact a consumer fraud lawyer at Lieff Cabraser today about your case and potential recovery. Due to statutes of limitation that affect the duration of consumer rights, the time frame in which you are permitted to file a lawsuit is quickly closing.
The discussion of California home seller complaints has centered on these and other larger real estate companies in the state:
Berkshire Hathaway Home Services
Better Homes & Gardens
Century 21 Everest
First Team Real Estate
Home Smart Real Estate
PMZ Real Estate
Realty One Group
Seven Gables Real Estate
W Real Estate
Windermere Homes & Estates