ComplaintsforNew Alpha Corp.
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Complaint Details
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Initial Complaint
02/08/2024
- Complaint Type:
- Order Issues
- Status:
- Resolved
I find myself entangled in an unfortunate predicament with New Alpha Properties LLC, a company referred to me by ******************* Initially introduced through the Clever Cash Offers program, I assumed they were a reputable entity. Sadly, I was misled into believing they were legitimate cash buyers. On January 9th, ****, I entered into a purchase agreement with them, with a scheduled closing date of February 15th, ****. The contract specified its assignability to a prequalified buyer and contingent upon approval by buyers and investors, but notably omitted any clause stipulating contingency on finding a buyer.Despite assurances that the closing would proceed regardless of their ability to secure a buyer, after the expiration of the 14-day inspection period and the submission of the ******* money deposit, they reneged on their commitments. Even discussions with *********************** and ***** ******** at ****************** led me to believe the deal was progressing as planned. However, it became evident that both ****************** and New Alpha Properties had strung me along, suggesting contract extensions to buy more time to find a buyer, which I declined.It's clear now that their intention was never to purchase my property or honor the agreed-upon closing date. Instead, they aimed to prolong the process indefinitely to eventually find a buyer and maximize their profits. While I recognize the lessons learned from such experiences, it's imperative for the public to be aware of the dubious practices of these two entities.
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Customer Complaints Summary
1 total complaints in the last 3 years.
1 complaints closed in the last 12 months.