This Website has been created with completely Legal Third Party Content
**********DO NOT BECOME A VICTIM*********
Contact [email protected] "Insurance policies do not protect against deliberate criminal and civil illegal acts." - Local Professional Attorney involved in this matter.
​
Real estate professionals and real estate attorneys have a fiduciary duty, including a responsibility to disclose all relevant information prior to purchase, failing to disclose crucial information affects the investments. Severe financial damages occurred to owners and investors who purchased condos in 4805 Ventnor Avenue, Ventnor, NJ 08406.
David Campbell - Agent of Record - Soleil Sotheby's International Realty - Margate, NJ 08402 These documents, reports and letters from real estate professionals, local police and financial lenders will show, beyond a reasonable doubt, that it was both the reckless and intentional actions of Caldwell Baker- Argus Real Estate, and the condo association that , according to the legal definition , these allegeded acts were committed:
This is a photo of 4805 Ventnor Avenue, Ventnor, New Jersey 08406
These legal terms fulfill the alleged actions and are provable under common law. It is alleged that it was solely the actions of Coldwell-Banker Argus Real Estate, Richard Jackson and members of the condo association alleged activities of breach of fiduciary trust, breach of fiduciary duties, intentional fraud, misfeasance, intent to deceive, creation of financial hardship, emotional distress, poor stewardship , financial damages, failure to disclose, unfair business practice and intentional breach of fiduciary duty that was the direct causation of making units within 4805 Ventnor Avenue un-financeable. CONDO MARKET ANALYSIS
Brigantine Atlantic City Ventnor Margate Longport
Q115 Avg. Price $235K $50K $94K $275K $600K
Q16 Avg. Price $169K $50K $130K $251K $195K
Q115 Units Sold 9 35 13 9 1
Q116 Units Sold 18 25 13 15 3
The numbers above show the market value of condos that recently sold within Ventnor, NJ and surrounding areas. This information was provided by David Campbell (pictured at top of the page), Soleil Ricard Jackson Sotheby's International Realty, 8502 Ventnor Avenue, Margate, NJ 08402 c 609 513 6399 o 609 487 8000. David Campbell is also an agent on record in 4805 Ventnor Avenue, Ventnor, NJ.
"Documents demonstrate the un-financeability by Third Party Lenders"
Interested buyers could not get conventional financial loans or mortgages and “We buy Houses Fast for Cash” Buyers turned down purchasing opportunities because they would lose their investment. Because there was no money in the building, and no financial institutions or mortgage companies would lend to potential buyers and the condo fees were not in alignment with value or market, some owners were unable to sell at fair market prices.
1 bedroom asking price $27,500K 1 bedroom market value $130,000K Value Loss of $102,500K "This Property is a documented hotbed of illicit criminal activity"
​These reports were not disclosed, although known to the property manager, condo board and of public record.
This among other non-disclosed information, caused massive financial losses and untold damages.​ Hello Mr. DJ Gluck, My name is ___________ I worked with David Campbell as a buyers agent on a condo I bought in Ventnor, NJ. , and that I sold approximately 5 and half years ago. He encouraged me to buy the condo, while at the same time, not disclosing essential core information that masked serious damage, severe business mismanagement and financial chaos so there was almost zero value in either the condo or the building David knew that I would not get a mortgage if I had tried to get one before I bought the condo.
He was lawfully obligated to disclose this before I made a has purchase. This was a major Red flag that there were serious problems with the buildings finances. He told me AFTER I paid cash. When I asked why he didn’t tell me, he said it didn’t matter because I was paying cash. Since none of these issues were disclosed to me prior to purchase, and I asked in writing during attorney review, I was not able to make a clear or knowledgeable decision in my own best interests.
David had a professional and fiduciary responsibility to me, as a client, to make sure I did not suffer losses on my investment or put my cash in a train wreck. He violated my trust and put the interest of the seller above mine. I lost a huge amount of money over an 8 year period. I never should have purchased that condo, and I believe David knew way more about the risks to me that he told me. I will send you the letter I wrote to David. I do have compelling documentation from successful real estate professionals, financial professionals ,including an FOIA police report to support all that I am saying.
I am coming to you in sincere good faith. 5 + years after selling the condo and losing $75,000.00 and more since the property was a financial loss for 8 years- My finances have been pretty much destroyed. You are in a leadership position in one of the most prestigious international real estate businesses in the world. Maybe you would be willing to explain to David, that when you are involved in this level of financial damage to someone’s finances and business interests , there is a fiduciary responsibility to the client.
My lawyer has recommended that David and I meet with a mediator to discuss a settlement instead of a long legal case. I am open to either. This isn’t going away because David feels like ignoring it. Just remember, a leopard rarely changes his spots.
Thanks in advance for your help.
Melissa
Letter to David Campbell : Please See Below January 9 2022
Hello David Campbell,
My name is __________ You were my buyers agent when I purchased a condo in 2008. I would like to give you an update on my life since buying and selling the condo at 4805 Ventnor Avenue Unit 12 You, as a professional had a fiduciary trust to me as a client. You were required by law to be transparent about the serious financial issues this building was involved in. You had information that you knew BEFORE I purchased the condo.
These were core issues why I lost so much money, yet you did not disclose many that would end up altering my life, finances and business. I could never figure out why I never made money on the condo, or why I was unable to sell after 6 years of serious good faith attempts to sell it.
You told me AFTER I paid $125,000.00 cash that I wouldn’t have gotten a mortgage. When I asked why you didn’t tell me before I bought it, you said it didn’t matter because I was paying cash. I was entitled to that information by law. It signaled serious financial issues that I was entitled to know. When I was trying to sell the condo, no mortgage company, conventional bank or lender would loan money to interested buyers because the building was a train wreck, and the financials of the building weren’t strong enough to run, maintain and operate the building.
When I found buyers who were willing to pay asking price- they couldn’t get a mortgage, so I couldn’t sell. Do you not understand that as a broker, or a professional handling someone else’s money- you had a lawful obligation to give me full disclosure. The building was un fundable. It was a liability and you let me buy it. I tried to take out money against the amount I paid for the condo in cash, and a mortgage broker said no.
She said no because there was no value in the building or the condo. You sold me an asset that had no value. Additionally there were numerous foreclosures and short sales in the building that seriously dragged down the asking prices of both the building and the condos. There were continuing issues with water leaks and heavy storms that damaged my ceiling and needed ongoing repairs. The roof, according to a member of the condo association, needed to be replaced in 1987.
They finally replaced it in 2016. This also should have been disclosed, and I asked before I purchased. . I asked if there were assessments. You said no. The day of the walk through, you said there was going to be ONE assessment- We were assessed $1,200.00 a year for the 8 years I was there, including one to replace the roof right before I sold the condo. Most of the assessment were for old bad debt from previous years, before I purchased.
The building was insanely (mis) managed. I did a FOIA for police reports connected to the building. Did you know that my renter was a street walker who was getting beaten up a regular basis, and the police were called in all the time? Did you know she used my condo as a crash pad for her hooker friends? Did you know that there was someone who got killed in the building AFTER I bought the condo? And you would LET me buy this as an investment?
In 2011, when I began to desperately try to sell the condo- most brokers I spoke to said the condo fees made it a “deal breaker”- and couldn’t help me sell. Several mentioned that the building had a reputation for problems that made it almost impossible to sell. I was trapped for all of the reasons mentioned. As a result of this property never cash flowing, and me using my personal money to try to get it to cash flow- my finances and my businesses became de-stabilized.
I was beyond desperate to sell and get out. It was affecting my entire life. How could you have let me invest in this property when there were millions of Red flags before I bought it? . Friends from North Jersey who were successful in real estate tried to help me sell it, I tried auctioning it, running ads in NYT real estate section, craigslist, back page- it consumed my life like a Black hole. I finally sold it to a "we buy houses fast for cash" for $50,000.00, and lost $75,000.00 in 2016.
When I first met you, I had $500,000.00 in the bank, all my credit scores were in the 800’s and I had 2 successful businesses. After 8 years of making no money on the investment, having huge numbers of issues with the property that were not disclosed. I was traumatized and having panic attacks,I lost everything I had before I bought the condo.
The value of my investment was shattered. Financing this property for 8 years was a long slow bleed on my finances. PRESENT: I had to re-create both my businesses as if they were start ups. I am still $40,000.00 in credit card debt, which I used to pay my rent in north Jersey. I have been living in covid style lockdowns since 2016 because of this experience. I have been trying passionately for the last 6 years to get my life back on track since selling the condo in Ventnor.
I am speaking with a lawyer about a legal action to sue for damages and fraud. I have a huge amount of documentation from successful real estate professionals to back up everything I am telling you. My lawyer urged me to contact you directly, and said that we might be able to work with a mediator to resolve this, to make me financially whole. If you are not willing to consider a mediation,I will be taking the following actions:
1. Initiating a court case and legal action.
2. Contacting the NJ State Attorney General’s Office.
3 Contacting the Prosecuting attorneys office 4 Contacting the media. and any other proper authorities that may help me get restitution in this case. Maybe you do not understand the seriousness of advising someone in business or investing when you know there are potentially drastic issues that can destroy someone’s finances- but the level of your reckless actions and lack of transparency has severely damaged my life, finances and business. I would really like to resolve this with you .
Respectfully,
p.s. Maybe you will recognize this information you shared with an investor friend of mine in 2016.
David Campbell: "I'm available tomorrow after 12:00. Tuesday after 2:00. 4805 Ventnor Ave. is a tough sale. Fees are on the higher side considering the condos are going for so little. No parking here. What would be your plans if you were to buy one here?”
Hello Mr. DJ Gluck, My name is ___________ I worked with David Campbell as a buyers agent on a condo I bought in Ventnor, NJ. , and that I sold approximately 5 and half years ago. He encouraged me to buy the condo, while at the same time, not disclosing essential core information that masked serious damage, severe business mismanagement and financial chaos so there was almost zero value in either the condo or the building David knew that I would not get a mortgage if I had tried to get one before I bought the condo. He was lawfully obligated to disclose this before I made a has purchase.
This was a major Red flag that there were serious problems with the buildings finances. He told me AFTER I paid cash. When I asked why he didn’t tell me, he said it didn’t matter because I was paying cash. Since none of these issues were disclosed to me prior to purchase, and I asked in writing during attorney review, I was not able to make a clear or knowledgeable decision in my own best interests.
David had a professional and fiduciary responsibility to me, as a client, to make sure I did not suffer losses on my investment or put my cash in a train wreck. He violated my trust and put the interest of the seller above mine. I lost a huge amount of money over an 8 year period. I never should have purchased that condo, and I believe David knew way more about the risks to me that he told me. I will send you the letter I wrote to David.
I do have compelling documentation from successful real estate professionals, financial professionals ,including an FOIA police report to support all that I am saying. I am coming to you in sincere good faith. 5 + years after selling the condo and losing $75,000.00 and more since the property was a financial loss for 8 years- My finances have been pretty much destroyed. You are in a leadership position in one of the most prestigious international real estate businesses in the world.
Maybe you would be willing to explain to David, that when you are involved in this level of financial damage to someone’s finances and business interests , there is a fiduciary responsibility to the client. My lawyer has recommended that David and I meet with a mediator to discuss a settlement instead of a long legal case. I am open to either. This isn’t going away because David feels like ignoring it. Just remember, a leopard rarely changes his spots.
Thanks in advance for your help.
Melissa
Letter to David Campbell : Please See Below January 9 2022
Hello David Campbell, My name is __________ You were my buyers agent when I purchased a condo in 2008. I would like to give you an update on my life since buying and selling the condo at 4805 Ventnor Avenue Unit 12 You, as a professional had a fiduciary trust to me as a client. You were required by law to be transparent about the serious financial issues this building was involved in.
You had information that you knew BEFORE I purchased the condo. These were core issues why I lost so much money, yet you did not disclose many that would end up altering my life, finances and business. I could never figure out why I never made money on the condo, or why I was unable to sell after 6 years of serious good faith attempts to sell it.
You told me AFTER I paid $125,000.00 cash that I wouldn’t have gotten a mortgage. When I asked why you didn’t tell me before I bought it, you said it didn’t matter because I was paying cash. I was entitled to that information by law. It signaled serious financial issues that I was entitled to know. When I was trying to sell the condo, no mortgage company, conventional bank or lender would loan money to interested buyers because the building was a train wreck, and the financials of the building weren’t strong enough to run, maintain and operate the building.
When I found buyers who were willing to pay asking price- they couldn’t get a mortgage, so I couldn’t sell. Do you not understand that as a broker, or a professional handling someone else’s money- you had a lawful obligation to give me full disclosure. The building was un fundable. It was a liability and you let me buy it. I tried to take out money against the amount I paid for the condo in cash, and a mortgage broker said no.
She said no because there was no value in the building or the condo. You sold me an asset that had no value. Additionally there were numerous foreclosures and short sales in the building that seriously dragged down the asking prices of both the building and the condos. . There were continuing issues with water leaks and heavy storms that damaged my ceiling and needed ongoing repairs. The roof, according to a member of the condo association, needed to be replaced in 1987.
They finally replaced it in 2016. This also should have been disclosed, and I asked before I purchased. . I asked if there were assessments. You said no. The day of the walk through, you said there was going to be ONE assessment- We were assessed $1,200.00 a year for the 8 years I was there, including one to replace the roof right before I sold the condo. Most of the assessment were for old bad debt from previous years, before I purchased. The building was insanely (mis) managed.
I did a FOIA for police reports connected to the building. Did you know that my renter was a street walker who was getting beaten up a regular basis, and the police were called in all the time? Did you know she used my condo as a crash pad for her hooker friends? Did you know that there was someone who got killed in the building AFTER I bought the condo? And you would LET me buy this as an investment? .
In 2011, when I began to desperately try to sell the condo- most brokers I spoke to said the condo fees made it a “deal breaker”- and couldn’t help me sell. Several mentioned that the building had a reputation for problems that made it almost impossible to sell. I was trapped for all of the reasons mentioned. As a result of this property never cash flowing, and me using my personal money to try to get it to cash flow- my finances and my businesses became de-stabilized .
I was beyond desperate to sell and get out. It was affecting my entire life. How could you have let me invest in this property when there were millions of Red flags before I bought it? . Friends from North Jersey who were successful in real estate tried to help me sell it, I tried auctioning it, running ads in NYT real estate section, craigslist, back page- it consumed my life like a Black hole. I finally sold it to a "we buy houses fast for cash" for $50,000.00, and lost $75,000.00 in 2016.
When I first met you, I had $500,000.00 in the bank, all my credit scores were in the 800’s and I had 2 successful businesses. After 8 years of making no money on the investment, having huge numbers of issues with the property that were not disclosed. I was traumatized and having panic attacks,I lost everything I had before I bought the condo. The value of my investment was shattered. Financing this property for 8 years was a long slow bleed on my finances.
PRESENT: I had to re-create both my businesses as if they were start ups. I am still $40,000.00 in credit card debt, which I used to pay my rent in north Jersey. I have been living in covid style lockdowns since 2016 because of this experience. I have been trying passionately for the last 6 years to get my life back on track since selling the condo in Ventnor. I am speaking with a lawyer about a legal action to sue for damages and fraud. I have a huge amount of documentation from successful real estate professionals to back up everything I am telling you.
My lawyer urged me to contact you directly, and said that we might be able to work with a mediator to resolve this, to make me financially whole. If you are not willing to consider a mediation,I will be taking the following actions: 1. Initiating a court case and legal action. 2. Contacting the NJ State Attorney General’s Office. 3 Contacting the Prosecuting attorneys office 4 Contacting the media. and any other proper authorities that may help me get restitution in this case.
Maybe you do not understand the seriousness of advising someone in business or investing when you know there are potentially drastic issues that can destroy someone’s finances- but the level of your reckless actions and lack of transparency has severely damaged my life, finances and business. I would really like to resolve this with you .
Respectfully,
p.s. Maybe you will recognize this information you shared with an investor friend of mine in 2016. David Campbell: "I'm available tomorrow after 12:00. Tuesday after 2:00. 4805 Ventnor Ave. is a tough sale. Fees are on the higher side considering the condos are going for so little. No parking here. What would be your plans if you were to buy one here?” Why didn’t I get this advice from you when I was looking at this as an investment?
ReplyForward
Hello Mr. DJ Gluck, My name is ___________ I worked with David Campbell as a buyers agent on a condo I bought in Ventnor, NJ. , and that I sold approximately 5 and half years ago. He encouraged me to buy the condo, while at the same time, not disclosing essential core information that masked serious damage, severe business mismanagement and financial chaos so there was almost zero value in either the condo or the building David knew that I would not get a mortgage if I had tried to get one before I bought the condo.
He was lawfully obligated to disclose this before I made a has purchase. This was a major Red flag that there were serious problems with the buildings finances. He told me AFTER I paid cash. When I asked why he didn’t tell me, he said it didn’t matter because I was paying cash. Since none of these issues were disclosed to me prior to purchase, and I asked in writing during attorney review, I was not able to make a clear or knowledgeable decision in my own best interests.
David had a professional and fiduciary responsibility to me, as a client, to make sure I did not suffer losses on my investment or put my cash in a train wreck. He violated my trust and put the interest of the seller above mine. I lost a huge amount of money over an 8 year period. I never should have purchased that condo, and I believe David knew way more about the risks to me that he told me.
I will send you the letter I wrote to David. I do have compelling documentation from successful real estate professionals, financial professionals ,including an FOIA police report to support all that I am saying. I am coming to you in sincere good faith. 5 + years after selling the condo and losing $75,000.00 and more since the property was a financial loss for 8 years- My finances have been pretty much destroyed.
You are in a leadership position in one of the most prestigious international real estate businesses in the world. Maybe you would be willing to explain to David, that when you are involved in this level of financial damage to someone’s finances and business interests , there is a fiduciary responsibility to the client.
My lawyer has recommended that David and I meet with a mediator to discuss a settlement instead of a long legal case. I am open to either. This isn’t going away because David feels like ignoring it. Just remember, a leopard rarely changes his spots.
Thanks in advance for your help.
Melissa
Letter to David Campbell : Please See Below January 9 2022
Hello David Campbell,
My name is __________ You were my buyers agent when I purchased a condo in 2008. I would like to give you an update on my life since buying and selling the condo at 4805 Ventnor Avenue Unit 12 You, as a professional had a fiduciary trust to me as a client. You were required by law to be transparent about the serious financial issues this building was involved in.
You had information that you knew BEFORE I purchased the condo. These were core issues why I lost so much money, yet you did not disclose many that would end up altering my life, finances and business. I could never figure out why I never made money on the condo, or why I was unable to sell after 6 years of serious good faith attempts to sell it.
You told me AFTER I paid $125,000.00 cash that I wouldn’t have gotten a mortgage. When I asked why you didn’t tell me before I bought it, you said it didn’t matter because I was paying cash. I was entitled to that information by law. It signaled serious financial issues that I was entitled to know. When I was trying to sell the condo, no mortgage company, conventional bank or lender would loan money to interested buyers because the building was a train wreck, and the financials of the building weren’t strong enough to run, maintain and operate the building.
When I found buyers who were willing to pay asking price- they couldn’t get a mortgage, so I couldn’t sell. Do you not understand that as a broker, or a professional handling someone else’s money- you had a lawful obligation to give me full disclosure. The building was un fundable. It was a liability and you let me buy it.
I tried to take out money against the amount I paid for the condo in cash, and a mortgage broker said no. She said no because there was no value in the building or the condo. You sold me an asset that had no value. Additionally there were numerous foreclosures and short sales in the building that seriously dragged down the asking prices of both the building and the condos.
There were continuing issues with water leaks and heavy storms that damaged my ceiling and needed ongoing repairs. The roof, according to a member of the condo association, needed to be replaced in 1987. They finally replaced it in 2016. This also should have been disclosed, and I asked before I purchased.
I asked if there were assessments. You said no. The day of the walk through, you said there was going to be ONE assessment- We were assessed $1,200.00 a year for the 8 years I was there, including one to replace the roof right before I sold the condo. Most of the assessment were for old bad debt from previous years, before I purchased. The building was insanely (mis) managed. I did a FOIA for police reports connected to the building.
Did you know that my renter was a street walker who was getting beaten up a regular basis, and the police were called in all the time? Did you know she used my condo as a crash pad for her hooker friends? Did you know that there was someone who got killed in the building AFTER I bought the condo? And you would LET me buy this as an investment?
In 2011, when I began to desperately try to sell the condo- most brokers I spoke to said the condo fees made it a “deal breaker”- and couldn’t help me sell. Several mentioned that the building had a reputation for problems that made it almost impossible to sell. I was trapped for all of the reasons mentioned. As a result of this property never cash flowing, and me using my personal money to try to get it to cash flow- my finances and my businesses became de-stabilized.
I was beyond desperate to sell and get out. It was affecting my entire life. How could you have let me invest in this property when there were millions of Red flags before I bought it? . Friends from North Jersey who were successful in real estate tried to help me sell it, I tried auctioning it, running ads in NYT real estate section, craigslist, back page- it consumed my life like a Black hole. I finally sold it to a "we buy houses fast for cash" for $50,000.00, and lost $75,000.00 in 2016.
When I first met you, I had $500,000.00 in the bank, all my credit scores were in the 800’s and I had 2 successful businesses. After 8 years of making no money on the investment, having huge numbers of issues with the property that were not disclosed. I was traumatized and having panic attacks,I lost everything I had before I bought the condo.
The value of my investment was shattered. Financing this property for 8 years was a long slow bleed on my finances. PRESENT: I had to re-create both my businesses as if they were start ups. I am still $40,000.00 in credit card debt, which I used to pay my rent in north Jersey. I have been living in covid style lockdowns since 2016 because of this experience. I have been trying passionately for the last 6 years to get my life back on track since selling the condo in Ventnor.
I am speaking with a lawyer about a legal action to sue for damages and fraud. I have a huge amount of documentation from successful real estate professionals to back up everything I am telling you. My lawyer urged me to contact you directly, and said that we might be able to work with a mediator to resolve this, to make me financially whole. If you are not willing to consider a mediation,I will be taking the following actions:
1. Initiating a court case and legal action.
2. Contacting the NJ State Attorney General’s Office.
3 Contacting the Prosecuting attorneys office
4. Contacting the media.
and any other proper authorities that may help me get restitution in this case. Maybe you do not understand the seriousness of advising someone in business or investing when you know there are potentially drastic issues that can destroy someone’s finances- but the level of your reckless actions and lack of transparency has severely damaged my life, finances and business. I would really like to resolve this with you .
Respectfully,
p.s. Maybe you will recognize this information you shared with an investor friend of mine in 2016. David Campbell: "I'm available tomorrow after 12:00. Tuesday after 2:00. 4805 Ventnor Ave. is a tough sale. Fees are on the higher side considering the condos are going for so little. No parking here. What would be your plans if you were to buy one here?” Why didn’t I get this advice from you when I was looking at this as an investment?
David Campbell - Agent of Record - curently with Soleil Sotheby's International Realty - Margate, NJ 08402 "Insurance policies do not protect against deliberate criminal and civil illegal acts." - Local Professional Attorney involved in this matter.
Real estate professionals and real estate attorneys have a fiduciary duty, including a responsibility to disclose all relevant information prior to purchase, failing to disclose crucial information affects the investments. Severe financial damages occurred to owners andinvestors who purchased condos in 4805 Ventnor Avenue, Ventnor, NJ 08406.
These documents, reports and letters from real estate professionals, local police and financial lenders will show, beyond a reasonable doubt, that it was both the reckless and intentional actions of Caldwell Baker- Argus Real Estate, and the condo association that , according to the legal definition , these allegeded acts were committed:
This is a photo of 4805 Ventnor Avenue, Ventnor, New Jersey 08406
These legal terms fulfill the alleged actions and are provable under common law. It is alleged that it was solely the actions of Coldwell-Banker Argus Real Estate, Richard Jackson and members of the condo association alleged activities of breach of fiduciary trust, breach of fiduciary duties, intentional fraud, misfeasance, intent to deceive, creation of financial hardship, emotional distress, poor stewardship , financial damages, failure to disclose, unfair business practice and intentional breach of fiduciary duty that was the direct causation of making units within 4805 Ventnor Avenue un-financeable. CONDO MARKET ANALYSIS
Brigantine Atlantic City Ventnor Margate Longport
Q115 Avg. Price $235K $50K $94K $275K $600K
Q16 Avg. Price $169K $50K $130K $251K $195K
Q115 Units Sold 9 35 13 9 1
Q116 Units Sold 18 25 13 15 3
The numbers above show the market value of condos that recently sold within Ventnor, NJ and surrounding areas. This information was provided by David Campbell (pictured at top of the page), Soleil Ricard Jackson Sotheby's International Realty, 8502 Ventnor Avenue, Margate, NJ 08402 c 609 513 6399 o 609 487 8000. David Campbell is also an agent on record in 4805 Ventnor Avenue, Ventnor, NJ.
"Documents demonstrate the un-financeability by Third Party Lenders"
Interested buyers could not get conventional financial loans or mortgages and “We buy Houses Fast for Cash” Buyers turned down purchasing opportunities because they would lose their investment. Because there was no money in the building, and no financial institutions or mortgage companies would lend to potential buyers and the condo fees were not in alignment with value or market, some owners were unable to sell at fair market prices. 1 bedroom asking price $27,500K 1 bedroom market value $130,000K Value Loss of $102,500K "This Property is a documented hotbed of illicit criminal activity"
These reports were not disclosed, although known to the property manager, condo board and of public record. This among other non-disclosed information, caused massive financial losses and untold damages.
David Campbell Reviews
This Website has been created with completely Legal Third Party Content
**********DO NOT BECOME A VICTIM*********
Contact [email protected] "Insurance policies do not protect against deliberate criminal and civil illegal acts." - Local Professional Attorney involved in this matter.
​
Real estate professionals and real estate attorneys have a fiduciary duty, including a responsibility to disclose all relevant information prior to purchase, failing to disclose crucial information affects the investments. Severe financial damages occurred to owners and investors who purchased condos in 4805 Ventnor Avenue, Ventnor, NJ 08406.
David Campbell - Agent of Record - Soleil Sotheby's International Realty - Margate, NJ 08402 These documents, reports and letters from real estate professionals, local police and financial lenders will show, beyond a reasonable doubt, that it was both the reckless and intentional actions of Caldwell Baker- Argus Real Estate, and the condo association that , according to the legal definition , these allegeded acts were committed:
George K Miller Esq. Failure to Disclose
https://www.justice.gov/usam/criminal-resource-manual-914-concealment-failure-disclose
Fraud
https://www.nyccriminallawyer.com/fraud-charge/investment-fraud/
Intent to Deceive
http://contract-law.laws.com/legality/intent-to-deceive
Poor stewardship
http://www.dictionary.com/browse/stewardship
Unfair Business practices
https://www.hg.org/article.asp?id=20387
Extreme Financial loss and hardship
http://business-ethics.com/2014/09/23/1840-business-fraud-culture-is-the-culprit/
Intentional Breach of Fiduciary Trust and Responsibility
http://apps.americanbar.org/abastore/products/books/abstracts/5310344_chap1_abs.pdf
Steering, and undue influence
http://business-ethics.com/2014/09/23/1840-business-fraud-culture-is-the-culprit/
This is a photo of 4805 Ventnor Avenue, Ventnor, New Jersey 08406
These legal terms fulfill the alleged actions and are provable under common law. It is alleged that it was solely the actions of Coldwell-Banker Argus Real Estate, Richard Jackson and members of the condo association alleged activities of breach of fiduciary trust, breach of fiduciary duties, intentional fraud, misfeasance, intent to deceive, creation of financial hardship, emotional distress, poor stewardship , financial damages, failure to disclose, unfair business practice and intentional breach of fiduciary duty that was the direct causation of making units within 4805 Ventnor Avenue un-financeable. CONDO MARKET ANALYSIS
Brigantine Atlantic City Ventnor Margate Longport
Q115 Avg. Price $235K $50K $94K $275K $600K
Q16 Avg. Price $169K $50K $130K $251K $195K
Q115 Units Sold 9 35 13 9 1
Q116 Units Sold 18 25 13 15 3
The numbers above show the market value of condos that recently sold within Ventnor, NJ and surrounding areas. This information was provided by David Campbell (pictured at top of the page), Soleil Ricard Jackson Sotheby's International Realty, 8502 Ventnor Avenue, Margate, NJ 08402 c 609 513 6399 o 609 487 8000. David Campbell is also an agent on record in 4805 Ventnor Avenue, Ventnor, NJ.
"Documents demonstrate the un-financeability by Third Party Lenders"
Interested buyers could not get conventional financial loans or mortgages and “We buy Houses Fast for Cash” Buyers turned down purchasing opportunities because they would lose their investment. Because there was no money in the building, and no financial institutions or mortgage companies would lend to potential buyers and the condo fees were not in alignment with value or market, some owners were unable to sell at fair market prices.
1 bedroom asking price $27,500K 1 bedroom market value $130,000K Value Loss of $102,500K "This Property is a documented hotbed of illicit criminal activity"
​These reports were not disclosed, although known to the property manager, condo board and of public record.
This among other non-disclosed information, caused massive financial losses and untold damages.​ Hello Mr. DJ Gluck, My name is ___________ I worked with David Campbell as a buyers agent on a condo I bought in Ventnor, NJ. , and that I sold approximately 5 and half years ago. He encouraged me to buy the condo, while at the same time, not disclosing essential core information that masked serious damage, severe business mismanagement and financial chaos so there was almost zero value in either the condo or the building David knew that I would not get a mortgage if I had tried to get one before I bought the condo.
He was lawfully obligated to disclose this before I made a has purchase. This was a major Red flag that there were serious problems with the buildings finances. He told me AFTER I paid cash. When I asked why he didn’t tell me, he said it didn’t matter because I was paying cash. Since none of these issues were disclosed to me prior to purchase, and I asked in writing during attorney review, I was not able to make a clear or knowledgeable decision in my own best interests.
David had a professional and fiduciary responsibility to me, as a client, to make sure I did not suffer losses on my investment or put my cash in a train wreck. He violated my trust and put the interest of the seller above mine. I lost a huge amount of money over an 8 year period. I never should have purchased that condo, and I believe David knew way more about the risks to me that he told me. I will send you the letter I wrote to David. I do have compelling documentation from successful real estate professionals, financial professionals ,including an FOIA police report to support all that I am saying.
I am coming to you in sincere good faith. 5 + years after selling the condo and losing $75,000.00 and more since the property was a financial loss for 8 years- My finances have been pretty much destroyed. You are in a leadership position in one of the most prestigious international real estate businesses in the world. Maybe you would be willing to explain to David, that when you are involved in this level of financial damage to someone’s finances and business interests , there is a fiduciary responsibility to the client.
My lawyer has recommended that David and I meet with a mediator to discuss a settlement instead of a long legal case. I am open to either. This isn’t going away because David feels like ignoring it. Just remember, a leopard rarely changes his spots.
Thanks in advance for your help.
Melissa
Letter to David Campbell : Please See Below January 9 2022
Hello David Campbell,
My name is __________ You were my buyers agent when I purchased a condo in 2008. I would like to give you an update on my life since buying and selling the condo at 4805 Ventnor Avenue Unit 12 You, as a professional had a fiduciary trust to me as a client. You were required by law to be transparent about the serious financial issues this building was involved in. You had information that you knew BEFORE I purchased the condo.
These were core issues why I lost so much money, yet you did not disclose many that would end up altering my life, finances and business. I could never figure out why I never made money on the condo, or why I was unable to sell after 6 years of serious good faith attempts to sell it.
You told me AFTER I paid $125,000.00 cash that I wouldn’t have gotten a mortgage. When I asked why you didn’t tell me before I bought it, you said it didn’t matter because I was paying cash. I was entitled to that information by law. It signaled serious financial issues that I was entitled to know. When I was trying to sell the condo, no mortgage company, conventional bank or lender would loan money to interested buyers because the building was a train wreck, and the financials of the building weren’t strong enough to run, maintain and operate the building.
When I found buyers who were willing to pay asking price- they couldn’t get a mortgage, so I couldn’t sell. Do you not understand that as a broker, or a professional handling someone else’s money- you had a lawful obligation to give me full disclosure. The building was un fundable. It was a liability and you let me buy it. I tried to take out money against the amount I paid for the condo in cash, and a mortgage broker said no.
She said no because there was no value in the building or the condo. You sold me an asset that had no value. Additionally there were numerous foreclosures and short sales in the building that seriously dragged down the asking prices of both the building and the condos. There were continuing issues with water leaks and heavy storms that damaged my ceiling and needed ongoing repairs. The roof, according to a member of the condo association, needed to be replaced in 1987.
They finally replaced it in 2016. This also should have been disclosed, and I asked before I purchased. . I asked if there were assessments. You said no. The day of the walk through, you said there was going to be ONE assessment- We were assessed $1,200.00 a year for the 8 years I was there, including one to replace the roof right before I sold the condo. Most of the assessment were for old bad debt from previous years, before I purchased.
The building was insanely (mis) managed. I did a FOIA for police reports connected to the building. Did you know that my renter was a street walker who was getting beaten up a regular basis, and the police were called in all the time? Did you know she used my condo as a crash pad for her hooker friends? Did you know that there was someone who got killed in the building AFTER I bought the condo? And you would LET me buy this as an investment?
In 2011, when I began to desperately try to sell the condo- most brokers I spoke to said the condo fees made it a “deal breaker”- and couldn’t help me sell. Several mentioned that the building had a reputation for problems that made it almost impossible to sell. I was trapped for all of the reasons mentioned. As a result of this property never cash flowing, and me using my personal money to try to get it to cash flow- my finances and my businesses became de-stabilized.
I was beyond desperate to sell and get out. It was affecting my entire life. How could you have let me invest in this property when there were millions of Red flags before I bought it? . Friends from North Jersey who were successful in real estate tried to help me sell it, I tried auctioning it, running ads in NYT real estate section, craigslist, back page- it consumed my life like a Black hole. I finally sold it to a "we buy houses fast for cash" for $50,000.00, and lost $75,000.00 in 2016.
When I first met you, I had $500,000.00 in the bank, all my credit scores were in the 800’s and I had 2 successful businesses. After 8 years of making no money on the investment, having huge numbers of issues with the property that were not disclosed. I was traumatized and having panic attacks,I lost everything I had before I bought the condo.
The value of my investment was shattered. Financing this property for 8 years was a long slow bleed on my finances. PRESENT: I had to re-create both my businesses as if they were start ups. I am still $40,000.00 in credit card debt, which I used to pay my rent in north Jersey. I have been living in covid style lockdowns since 2016 because of this experience. I have been trying passionately for the last 6 years to get my life back on track since selling the condo in Ventnor.
I am speaking with a lawyer about a legal action to sue for damages and fraud. I have a huge amount of documentation from successful real estate professionals to back up everything I am telling you. My lawyer urged me to contact you directly, and said that we might be able to work with a mediator to resolve this, to make me financially whole. If you are not willing to consider a mediation,I will be taking the following actions:
1. Initiating a court case and legal action.
2. Contacting the NJ State Attorney General’s Office.
3 Contacting the Prosecuting attorneys office 4 Contacting the media. and any other proper authorities that may help me get restitution in this case. Maybe you do not understand the seriousness of advising someone in business or investing when you know there are potentially drastic issues that can destroy someone’s finances- but the level of your reckless actions and lack of transparency has severely damaged my life, finances and business. I would really like to resolve this with you .
Respectfully,
p.s. Maybe you will recognize this information you shared with an investor friend of mine in 2016.
David Campbell: "I'm available tomorrow after 12:00. Tuesday after 2:00. 4805 Ventnor Ave. is a tough sale. Fees are on the higher side considering the condos are going for so little. No parking here. What would be your plans if you were to buy one here?”
Hello Mr. DJ Gluck, My name is ___________ I worked with David Campbell as a buyers agent on a condo I bought in Ventnor, NJ. , and that I sold approximately 5 and half years ago. He encouraged me to buy the condo, while at the same time, not disclosing essential core information that masked serious damage, severe business mismanagement and financial chaos so there was almost zero value in either the condo or the building David knew that I would not get a mortgage if I had tried to get one before I bought the condo. He was lawfully obligated to disclose this before I made a has purchase.
This was a major Red flag that there were serious problems with the buildings finances. He told me AFTER I paid cash. When I asked why he didn’t tell me, he said it didn’t matter because I was paying cash. Since none of these issues were disclosed to me prior to purchase, and I asked in writing during attorney review, I was not able to make a clear or knowledgeable decision in my own best interests.
David had a professional and fiduciary responsibility to me, as a client, to make sure I did not suffer losses on my investment or put my cash in a train wreck. He violated my trust and put the interest of the seller above mine. I lost a huge amount of money over an 8 year period. I never should have purchased that condo, and I believe David knew way more about the risks to me that he told me. I will send you the letter I wrote to David.
I do have compelling documentation from successful real estate professionals, financial professionals ,including an FOIA police report to support all that I am saying. I am coming to you in sincere good faith. 5 + years after selling the condo and losing $75,000.00 and more since the property was a financial loss for 8 years- My finances have been pretty much destroyed. You are in a leadership position in one of the most prestigious international real estate businesses in the world.
Maybe you would be willing to explain to David, that when you are involved in this level of financial damage to someone’s finances and business interests , there is a fiduciary responsibility to the client. My lawyer has recommended that David and I meet with a mediator to discuss a settlement instead of a long legal case. I am open to either. This isn’t going away because David feels like ignoring it. Just remember, a leopard rarely changes his spots.
Thanks in advance for your help.
Melissa
Letter to David Campbell : Please See Below January 9 2022
Hello David Campbell, My name is __________ You were my buyers agent when I purchased a condo in 2008. I would like to give you an update on my life since buying and selling the condo at 4805 Ventnor Avenue Unit 12 You, as a professional had a fiduciary trust to me as a client. You were required by law to be transparent about the serious financial issues this building was involved in.
You had information that you knew BEFORE I purchased the condo. These were core issues why I lost so much money, yet you did not disclose many that would end up altering my life, finances and business. I could never figure out why I never made money on the condo, or why I was unable to sell after 6 years of serious good faith attempts to sell it.
You told me AFTER I paid $125,000.00 cash that I wouldn’t have gotten a mortgage. When I asked why you didn’t tell me before I bought it, you said it didn’t matter because I was paying cash. I was entitled to that information by law. It signaled serious financial issues that I was entitled to know. When I was trying to sell the condo, no mortgage company, conventional bank or lender would loan money to interested buyers because the building was a train wreck, and the financials of the building weren’t strong enough to run, maintain and operate the building.
When I found buyers who were willing to pay asking price- they couldn’t get a mortgage, so I couldn’t sell. Do you not understand that as a broker, or a professional handling someone else’s money- you had a lawful obligation to give me full disclosure. The building was un fundable. It was a liability and you let me buy it. I tried to take out money against the amount I paid for the condo in cash, and a mortgage broker said no.
She said no because there was no value in the building or the condo. You sold me an asset that had no value. Additionally there were numerous foreclosures and short sales in the building that seriously dragged down the asking prices of both the building and the condos. . There were continuing issues with water leaks and heavy storms that damaged my ceiling and needed ongoing repairs. The roof, according to a member of the condo association, needed to be replaced in 1987.
They finally replaced it in 2016. This also should have been disclosed, and I asked before I purchased. . I asked if there were assessments. You said no. The day of the walk through, you said there was going to be ONE assessment- We were assessed $1,200.00 a year for the 8 years I was there, including one to replace the roof right before I sold the condo. Most of the assessment were for old bad debt from previous years, before I purchased. The building was insanely (mis) managed.
I did a FOIA for police reports connected to the building. Did you know that my renter was a street walker who was getting beaten up a regular basis, and the police were called in all the time? Did you know she used my condo as a crash pad for her hooker friends? Did you know that there was someone who got killed in the building AFTER I bought the condo? And you would LET me buy this as an investment? .
In 2011, when I began to desperately try to sell the condo- most brokers I spoke to said the condo fees made it a “deal breaker”- and couldn’t help me sell. Several mentioned that the building had a reputation for problems that made it almost impossible to sell. I was trapped for all of the reasons mentioned. As a result of this property never cash flowing, and me using my personal money to try to get it to cash flow- my finances and my businesses became de-stabilized .
I was beyond desperate to sell and get out. It was affecting my entire life. How could you have let me invest in this property when there were millions of Red flags before I bought it? . Friends from North Jersey who were successful in real estate tried to help me sell it, I tried auctioning it, running ads in NYT real estate section, craigslist, back page- it consumed my life like a Black hole. I finally sold it to a "we buy houses fast for cash" for $50,000.00, and lost $75,000.00 in 2016.
When I first met you, I had $500,000.00 in the bank, all my credit scores were in the 800’s and I had 2 successful businesses. After 8 years of making no money on the investment, having huge numbers of issues with the property that were not disclosed. I was traumatized and having panic attacks,I lost everything I had before I bought the condo. The value of my investment was shattered. Financing this property for 8 years was a long slow bleed on my finances.
PRESENT: I had to re-create both my businesses as if they were start ups. I am still $40,000.00 in credit card debt, which I used to pay my rent in north Jersey. I have been living in covid style lockdowns since 2016 because of this experience. I have been trying passionately for the last 6 years to get my life back on track since selling the condo in Ventnor. I am speaking with a lawyer about a legal action to sue for damages and fraud. I have a huge amount of documentation from successful real estate professionals to back up everything I am telling you.
My lawyer urged me to contact you directly, and said that we might be able to work with a mediator to resolve this, to make me financially whole. If you are not willing to consider a mediation,I will be taking the following actions: 1. Initiating a court case and legal action. 2. Contacting the NJ State Attorney General’s Office. 3 Contacting the Prosecuting attorneys office 4 Contacting the media. and any other proper authorities that may help me get restitution in this case.
Maybe you do not understand the seriousness of advising someone in business or investing when you know there are potentially drastic issues that can destroy someone’s finances- but the level of your reckless actions and lack of transparency has severely damaged my life, finances and business. I would really like to resolve this with you .
Respectfully,
p.s. Maybe you will recognize this information you shared with an investor friend of mine in 2016. David Campbell: "I'm available tomorrow after 12:00. Tuesday after 2:00. 4805 Ventnor Ave. is a tough sale. Fees are on the higher side considering the condos are going for so little. No parking here. What would be your plans if you were to buy one here?” Why didn’t I get this advice from you when I was looking at this as an investment?
ReplyForward
Hello Mr. DJ Gluck, My name is ___________ I worked with David Campbell as a buyers agent on a condo I bought in Ventnor, NJ. , and that I sold approximately 5 and half years ago. He encouraged me to buy the condo, while at the same time, not disclosing essential core information that masked serious damage, severe business mismanagement and financial chaos so there was almost zero value in either the condo or the building David knew that I would not get a mortgage if I had tried to get one before I bought the condo.
He was lawfully obligated to disclose this before I made a has purchase. This was a major Red flag that there were serious problems with the buildings finances. He told me AFTER I paid cash. When I asked why he didn’t tell me, he said it didn’t matter because I was paying cash. Since none of these issues were disclosed to me prior to purchase, and I asked in writing during attorney review, I was not able to make a clear or knowledgeable decision in my own best interests.
David had a professional and fiduciary responsibility to me, as a client, to make sure I did not suffer losses on my investment or put my cash in a train wreck. He violated my trust and put the interest of the seller above mine. I lost a huge amount of money over an 8 year period. I never should have purchased that condo, and I believe David knew way more about the risks to me that he told me.
I will send you the letter I wrote to David. I do have compelling documentation from successful real estate professionals, financial professionals ,including an FOIA police report to support all that I am saying. I am coming to you in sincere good faith. 5 + years after selling the condo and losing $75,000.00 and more since the property was a financial loss for 8 years- My finances have been pretty much destroyed.
You are in a leadership position in one of the most prestigious international real estate businesses in the world. Maybe you would be willing to explain to David, that when you are involved in this level of financial damage to someone’s finances and business interests , there is a fiduciary responsibility to the client.
My lawyer has recommended that David and I meet with a mediator to discuss a settlement instead of a long legal case. I am open to either. This isn’t going away because David feels like ignoring it. Just remember, a leopard rarely changes his spots.
Thanks in advance for your help.
Melissa
Letter to David Campbell : Please See Below January 9 2022
Hello David Campbell,
My name is __________ You were my buyers agent when I purchased a condo in 2008. I would like to give you an update on my life since buying and selling the condo at 4805 Ventnor Avenue Unit 12 You, as a professional had a fiduciary trust to me as a client. You were required by law to be transparent about the serious financial issues this building was involved in.
You had information that you knew BEFORE I purchased the condo. These were core issues why I lost so much money, yet you did not disclose many that would end up altering my life, finances and business. I could never figure out why I never made money on the condo, or why I was unable to sell after 6 years of serious good faith attempts to sell it.
You told me AFTER I paid $125,000.00 cash that I wouldn’t have gotten a mortgage. When I asked why you didn’t tell me before I bought it, you said it didn’t matter because I was paying cash. I was entitled to that information by law. It signaled serious financial issues that I was entitled to know. When I was trying to sell the condo, no mortgage company, conventional bank or lender would loan money to interested buyers because the building was a train wreck, and the financials of the building weren’t strong enough to run, maintain and operate the building.
When I found buyers who were willing to pay asking price- they couldn’t get a mortgage, so I couldn’t sell. Do you not understand that as a broker, or a professional handling someone else’s money- you had a lawful obligation to give me full disclosure. The building was un fundable. It was a liability and you let me buy it.
I tried to take out money against the amount I paid for the condo in cash, and a mortgage broker said no. She said no because there was no value in the building or the condo. You sold me an asset that had no value. Additionally there were numerous foreclosures and short sales in the building that seriously dragged down the asking prices of both the building and the condos.
There were continuing issues with water leaks and heavy storms that damaged my ceiling and needed ongoing repairs. The roof, according to a member of the condo association, needed to be replaced in 1987. They finally replaced it in 2016. This also should have been disclosed, and I asked before I purchased.
I asked if there were assessments. You said no. The day of the walk through, you said there was going to be ONE assessment- We were assessed $1,200.00 a year for the 8 years I was there, including one to replace the roof right before I sold the condo. Most of the assessment were for old bad debt from previous years, before I purchased. The building was insanely (mis) managed. I did a FOIA for police reports connected to the building.
Did you know that my renter was a street walker who was getting beaten up a regular basis, and the police were called in all the time? Did you know she used my condo as a crash pad for her hooker friends? Did you know that there was someone who got killed in the building AFTER I bought the condo? And you would LET me buy this as an investment?
In 2011, when I began to desperately try to sell the condo- most brokers I spoke to said the condo fees made it a “deal breaker”- and couldn’t help me sell. Several mentioned that the building had a reputation for problems that made it almost impossible to sell. I was trapped for all of the reasons mentioned. As a result of this property never cash flowing, and me using my personal money to try to get it to cash flow- my finances and my businesses became de-stabilized.
I was beyond desperate to sell and get out. It was affecting my entire life. How could you have let me invest in this property when there were millions of Red flags before I bought it? . Friends from North Jersey who were successful in real estate tried to help me sell it, I tried auctioning it, running ads in NYT real estate section, craigslist, back page- it consumed my life like a Black hole. I finally sold it to a "we buy houses fast for cash" for $50,000.00, and lost $75,000.00 in 2016.
When I first met you, I had $500,000.00 in the bank, all my credit scores were in the 800’s and I had 2 successful businesses. After 8 years of making no money on the investment, having huge numbers of issues with the property that were not disclosed. I was traumatized and having panic attacks,I lost everything I had before I bought the condo.
The value of my investment was shattered. Financing this property for 8 years was a long slow bleed on my finances. PRESENT: I had to re-create both my businesses as if they were start ups. I am still $40,000.00 in credit card debt, which I used to pay my rent in north Jersey. I have been living in covid style lockdowns since 2016 because of this experience. I have been trying passionately for the last 6 years to get my life back on track since selling the condo in Ventnor.
I am speaking with a lawyer about a legal action to sue for damages and fraud. I have a huge amount of documentation from successful real estate professionals to back up everything I am telling you. My lawyer urged me to contact you directly, and said that we might be able to work with a mediator to resolve this, to make me financially whole. If you are not willing to consider a mediation,I will be taking the following actions:
1. Initiating a court case and legal action.
2. Contacting the NJ State Attorney General’s Office.
3 Contacting the Prosecuting attorneys office
4. Contacting the media.
and any other proper authorities that may help me get restitution in this case. Maybe you do not understand the seriousness of advising someone in business or investing when you know there are potentially drastic issues that can destroy someone’s finances- but the level of your reckless actions and lack of transparency has severely damaged my life, finances and business. I would really like to resolve this with you .
Respectfully,
p.s. Maybe you will recognize this information you shared with an investor friend of mine in 2016. David Campbell: "I'm available tomorrow after 12:00. Tuesday after 2:00. 4805 Ventnor Ave. is a tough sale. Fees are on the higher side considering the condos are going for so little. No parking here. What would be your plans if you were to buy one here?” Why didn’t I get this advice from you when I was looking at this as an investment?
ReplyForward
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David Campbell - Agent of Record - curently with Soleil Sotheby's International Realty - Margate, NJ 08402 "Insurance policies do not protect against deliberate criminal and civil illegal acts." - Local Professional Attorney involved in this matter.
Real estate professionals and real estate attorneys have a fiduciary duty, including a responsibility to disclose all relevant information prior to purchase, failing to disclose crucial information affects the investments. Severe financial damages occurred to owners andinvestors who purchased condos in 4805 Ventnor Avenue, Ventnor, NJ 08406.
These documents, reports and letters from real estate professionals, local police and financial lenders will show, beyond a reasonable doubt, that it was both the reckless and intentional actions of Caldwell Baker- Argus Real Estate, and the condo association that , according to the legal definition , these allegeded acts were committed:
George K Miller Esq.
Failure to Disclose
https://www.justice.gov/usam/criminal-resource-manual-914-concealment-failure-disclose
Fraud
https://www.nyccriminallawyer.com/fraud-charge/investment-fraud/
Intent to Deceive
http://contract-law.laws.com/legality/intent-to-deceive
Poor stewardship
http://www.dictionary.com/browse/stewardship
Unfair Business practices
https://www.hg.org/article.asp?id=20387
Extreme Financial loss and hardship
http://business-ethics.com/2014/09/23/1840-business-fraud-culture-is-the-culprit/
Intentional Breach of Fiduciary Trust and Responsibility
http://apps.americanbar.org/abastore/products/books/abstracts/5310344_chap1_abs.pdf
Steering, and undue influence
http://business-ethics.com/2014/09/23/1840-business-fraud-culture-is-the-culprit/
This is a photo of 4805 Ventnor Avenue, Ventnor, New Jersey 08406
These legal terms fulfill the alleged actions and are provable under common law. It is alleged that it was solely the actions of Coldwell-Banker Argus Real Estate, Richard Jackson and members of the condo association alleged activities of breach of fiduciary trust, breach of fiduciary duties, intentional fraud, misfeasance, intent to deceive, creation of financial hardship, emotional distress, poor stewardship , financial damages, failure to disclose, unfair business practice and intentional breach of fiduciary duty that was the direct causation of making units within 4805 Ventnor Avenue un-financeable. CONDO MARKET ANALYSIS
Brigantine Atlantic City Ventnor Margate Longport
Q115 Avg. Price $235K $50K $94K $275K $600K
Q16 Avg. Price $169K $50K $130K $251K $195K
Q115 Units Sold 9 35 13 9 1
Q116 Units Sold 18 25 13 15 3
The numbers above show the market value of condos that recently sold within Ventnor, NJ and surrounding areas. This information was provided by David Campbell (pictured at top of the page), Soleil Ricard Jackson Sotheby's International Realty, 8502 Ventnor Avenue, Margate, NJ 08402 c 609 513 6399 o 609 487 8000. David Campbell is also an agent on record in 4805 Ventnor Avenue, Ventnor, NJ.
"Documents demonstrate the un-financeability by Third Party Lenders"
Interested buyers could not get conventional financial loans or mortgages and “We buy Houses Fast for Cash” Buyers turned down purchasing opportunities because they would lose their investment. Because there was no money in the building, and no financial institutions or mortgage companies would lend to potential buyers and the condo fees were not in alignment with value or market, some owners were unable to sell at fair market prices. 1 bedroom asking price $27,500K 1 bedroom market value $130,000K Value Loss of $102,500K "This Property is a documented hotbed of illicit criminal activity"
These reports were not disclosed, although known to the property manager, condo board and of public record. This among other non-disclosed information, caused massive financial losses and untold damages.