How to buy a condo in Miami real estate

How to buy a condo in Miami real estate

September 29, 2021 Comments Off on How to buy a condo in Miami real estate By admin

Miami real-estate website RTE has been in the spotlight for the past couple of years for its coverage of the “Flavor of the Month” contest. 

In the past, the company has been accused of trying to cover up bad mortgage rates for homeowners and making misleading mortgage rates to the media.

The company has since stepped down from the competition, but not before its editors have been caught up in a dispute with RTE’s parent company, RIM. 

A recent lawsuit filed against RTE by RIM, filed by an anonymous plaintiff, alleges that the company is violating the RTE Competition Agreement by making misleading information about mortgage rates. 

“In the RTP, RTE is required to maintain the accuracy of its information,” reads the lawsuit, which alleges that RTE was “directly or indirectly” aware of the low rate rates.”RTE’s RTP does not require that RTPs report the rate as the rate for which it is offered,” it continues.

“RTPs are required to report the mortgage rate as a range.

RTP is required by the RTC to provide accurate information regarding the interest rate, the loan balance, and the interest on the mortgage.”RIM also claims that RTV’s “information, in general, was misleading and deceptive in order to promote the RTVs product” and that RTS “improperly made misrepresentations and misstatements of facts in order in order for RTV to qualify for a competitive advantage.”

The RTE complaint goes on to list several examples of the company’s misleading information and misrepresentations, which it claims have led to the company being labeled a “rogue” and “deceptive” real estate agent.

“The RTV falsely claimed that RMI Mortgage, the RMI mortgage servicer, has the ability to provide mortgages at rates lower than those advertised in RTE and in RTV,” it reads.

“In fact, RMI does not offer any mortgage at a lower rate than the RTS.”

The lawsuit alleges that while RTE maintains the accuracy and completeness of its mortgage rates, it is misleading the public and RMI to market RMI’s mortgage rate information as a “premium” mortgage rate.

“In order to qualify as a ‘premium’ mortgage rate, RTV has to make a claim that it is the most accurate and complete and that the ‘best rate’ will be offered,” the lawsuit states.

“These misrepresentations are so harmful to RMI that they seriously endanger RMI.”

According to the lawsuit filed by the plaintiff, RTRM is responsible for providing “at least 60% of the mortgages on RTV properties, including those that have been foreclosed, sold, or transferred.”

The complaint also states that RTRMs “misrepresented the number of people who had been foreclosed and sold, as well as the number who had had their mortgages foreclosed and sold.”RTRM also “misrepresents RTV and RTV Mortgage’s mortgage rates as being competitive and affordable,” the complaint reads.

“It is also clear from the facts of this case that RTERM is an illegitimate, rogue, and deceptive real estate brokerage and is in fact, a ripoff and deceptive business.” 

In addition to the mortgage lawsuit, the lawsuit seeks unspecified damages.

RTE, RTM, RTS, RTCM, and RTRMF are all named as defendants. 

(RTE is a trademark of RTE.)RTE did not immediately respond to a request for comment on the lawsuit.