7418 E Grovewood Ln, Orange, CA 92869 7418 E Grovewood Ln, Orange, Ca 92869 Buyer Beware! orange, California

21st of Jan, 2013 by User660977

I was in the market for a house and ran across particularly nefarious scam. Just after New Year's 2013 My realtor took me to a home located at 7418 E. Grovewood Ln, Orange Ca . It's a large house on a hilltop, good legs... But had a lot of deferred maintenance to be done. My realtor thought this would be a good fixer-upper project for me and encouraged me to make an offer. Both my realtor and the owner left out just a couple of small details which was disturbing. For one the house is about to be CONDEMNED. Northeast portion of the lot sliding down the hill into the park. They have cleverly done some patchwork to mask this. There are stress fractures on that side of the house as it is being pulled down the hill. The other small detail I discovered the home is uninsurable. It was damaged and the forest fires of 2007 and carrier at that time paid out settlement on the property. Now with the liability of the collapsing foundation problem is now completely insurable by any company at any price. It has forced place insurance presently which dosent cover anything at all. The bank has no idea of the massive liability here. Neither the realtor or the owner will disclose this stuff. Beware.

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