Delaware realtor: ‘I think it’s going to be a good investment’

Area

An investment firm in the Delaware state capital has been accused of fraud after it allegedly failed to tell a property owner about the possibility of the building falling down during a storm.

The property manager for a home in the area said she received a phone call from an unidentified realtor saying a “slip” in the foundation could cause a fall down the facade.

She said the property manager informed her that it was possible the building could fall down during an earthquake.

But the realtor allegedly failed a background check on the property owner.

“They were asking for the address, I don’t remember the address and I didn’t give them the address,” said the manager.

“I don’t know how the building got here.

I just don’t understand.”

The property owner said she was told the building was for a local development, but the developer did not tell her.

She told News.co.nz she did not want to be identified for fear of her husband’s safety.

“He said, ‘don’t tell anybody because we’re worried about you’,” she said.

“It’s not like he was asking for me to do anything wrong, he was just trying to make sure I was safe.”

Real estate agent Joe Farrar said the problem was common.

“We have real estate agents in our area and they have been in contact with people in other parts of the state and they say this is happening a lot,” he said.

Mr Farrard said the problems appeared to be related to the recent construction of a new interstate highway.

“The problem is that people don’t realise that the highway is coming down,” he told ABC News.

“You’re going to have to wait for it to be built, and that’s going have to happen in the next few months.”

The Delmarva-area real estate industry is expected to see $3.4 billion worth of new and existing construction and upgrades, including an interstate highway, a new airport and a new hospital.

The state has also approved $1 billion in tax incentives to help pay for the project.

“When I talk to property owners, they are worried about the future,” Mr Farrark said.

The real estate agent said she felt she was in the right place at the right time.

“But I just need to do what I have to do.

I’m not going to get in trouble, and I’ll be fine.”

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