Hubzu

Beware of this company. I have also filed a complaint with FANNIE MAE. This company is as inept it's neglectful. They are extremely difficult to contact, no one know anything or can do anything to resolve issues. It's simple Hubzu took a $500 deposit to place a bid on a property. I won the auction, the $500 was never transferred to the closing. I have been asking for a refund that no one is able or willing to provide. I am filing a complaint with Georgia Attorney Generals office.

We participated in one of their online auctions through our Realtor (1st mistake as you as buyer cannot see what's going on, only Realtor had access). They disclose next to nothing about the property, even when it's legally required to do so. And then when auction ends and you discover the glaring issues with the property and get out of the deal, they relist it again and repeat the same game, still not disclosing the major fault with the property that made us walk away. We have watched the same property go through 2 more cycles now without hitting the price they want, and still not seeing the Report thats on file with the Town listed in the attachments to the listing.
Very deceptive business practices in my opinion.

They helped me with a somewhat complicated property issue and I got the answer in a call back in a very reasonable time frame. I really appreciated their quick response so I could help my client make a better decision. I am a very experienced REO real estate broker, I know how to deal with all the problems in making offers on the HUBZU.COM website. Experience is the key! All the little things that the buyer has to deal with are a piece of cake for me!

******* Maple Chase Dr Boca Raton, FL ******* was just sold for $450,000 however no where does it mention there is an $80,000 golf membership that also must be paid for plus restaurant fees and HOA dues. When I called to ask they had no answer. What out for them they are did not mention the $80,000 to trick a bidder.
Another house I was the high bidder on I found out the pictures of the kitchen were before they were removed. They are not honest and beware so you do not get ripped off

I was trying to buy a property on one of the auctions and all ways was been outbid by someone else. And the funny thing about it that the reserve was met so basically the property is sold. But no the next day it was released for sale again. That happened to me 5 times on Hubzu. Btw I have noticed later on that the fake bidders are always the same Name initials and always beats on all the properties. So basically good luck buying or getting a good deal on Hubzu.

I just bought a house through Hubzu and experienced none of the problems I had read about. I was very concerned going into the process but it was a very straightforward transaction with no surprises and a lot of support from Hubzu.
I won the bid and everything proceeded along quickly and hassle free and we closed in 22 days. They provided me a contact sheet and answered every email and phone call promptly and efficiently. They were very clear with deadlines and expectations.

I kept waiting for problems or tricks, but nothing. I had a good lawyer working on my behalf and found the process very professional.
They were very clear that the property was "as is" and i knew what I was getting into. I feel like we got an incredible deal on a great house and hope that others have as smooth a process as we did.

This is one of the worst real estate auction sites hands down! They have a "last 15 min" rule, which basically means bidding keeps going on and on, in 15 additional minute intervals, if anyone places a bid in the last 15 minutes... plan on staying up until midnight in some cases. Then they set the reserves so high that even when we were the highest bidder we didn't get the property and then they send out a "back-up bid", to ALL bidders, saying what they really want for the property... thx again for a complete waste of time! The only reason I gave them a ZERO is because they don't have negative numbers or a button I can push to simply blow up their site on the internet with after dealing with these morons.

Hi, I just closed my third deal with hubzu. They are a great company. I consider myself experienced in dealing with them. Most people who write these bad reviews do so out of frustration because they don't understand hubzu 's procedures. I do, and i can save u thousand, plus will even show u how to get the house looked at and inspected for free. I charge $25.00 PayPal. If I can't save u at least 2000. 00 I will return your money. Email me. Rnldcch.,, at Gmail

Sadly, I read these reviews after I made an offer. AltiSource is the company that was suppose to be the seller's closing agent. They rejected my closing agents deed five times. It has been over six months since we closed on that transaction and the still haven't paid the unpaid sewer bill.

If I said that they suck, I would be complimenting them saying that there was some level of performance. Given a choice of dealing with them again or the IRS... an audit does look so bad