I was looking at ads for foreclosed homes and received a call from a representative of New Western Acquistions. At first I thought it was a scam, but was invited to a legitimate office (not a sweat shop) to meet. I was given several properties to look at and the numbers all seemed great. They even have “realtors” that provide “comps.” The one property that had already sold proved to be a great deal and actually sold for more than what they predicted. The key is that was one property, probably the only one in many months that did this. Not the norm. The house they sold us had great “comps” also, but the “comps” were skewed and inaccurate causing a tremendous loss on our part. Ben Cowling sends out e mails to clients with “opportunities.” After this experience, it is very obvious that most, if not all of these, are skewed. They give you no option period and expect you to trust the “realtors” on staff. The realtors’ licenses should be pulled and the doors shut on their offices. If anyone from New Western Acquisitions calls you, hang up! .
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This complaint and/or review was posted on HolySmoke.org on 16:51 pm, March 16, 2019 (CST) and is a permanent record located at: https://www.holysmoke.org/scam/new-western-acquisitions-review/.
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they are trying to sell properties to
they are trying to sell properties to inexperienced investors who are trying to make a quick buck, and skew the comps. however, if yo know the market well and can do your own research, then you can find sometimes great deals
They hire inexperienced people on the phones
They hire inexperienced people on the phones and skew numbers to make properties look like a great buy. They make money on the sale to you and their 20