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I-Team: Home Buyer: Something Stinks With This House Flipping Company 

FOX 5 Atlanta
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By: Randy Travis
Aired: Nov 09 2018
NEWNAN, Ga. - A Hollywood movie stuntman who moved to Georgia finds himself in the middle of a real-life plot twist. Instead of living happily ever after, Matt Thompson and his family live in a house filled with frustration.
“Everything back here is bad," the Louisiana native complained as he walked through his Newnan backyard. His anger is focused on the house-flipping company that sold him the property.
“We wanted to move in and have nothing to worry about," he explained. "And that's exactly what we didn't get it.”
The company is called Jar House, operated by Zareh Najarian. Each month the Sandy Springs firm buys and sells an average of 75 homes, many of them foreclosures. They list them "as is," meaning it's up to the buyer to hire a home inspector to make sure they know what they're getting.
State law says when a seller knows something's seriously wrong with the house, they can't keep it a secret. And that's where the Thompson's story takes a surprising turn.
Shortly after Thompson and his pregnant wife moved in last year, their toilets started backing up. Turns out they had a broken septic tank system.
They couldn't use their new washing machine. Every few days, they have to drive to a nearby laundromat, instead. To cut down on the frequency of having to pump out the septic tank, they take quick showers. No baths. And they wash dirty dishes in the sink instead of the dishwasher.
Estimated cost to fix the septic system: $60,000. But that's not the only shocker here.
The homeowner who sold the property to Jar House moved just down the street. Thompson found him. According to the lawsuit Thompson has now filed against Najarian Capital, the entity behind Jar House, that previous owner said he warned Jar House about the septic problems. He wrote in a sellers disclosure, "Septic will become slow on several hard rain days but will return to normal after a few days."
Jar House never passed along that warning to Thompson.
“If you had been told there were problems with the septic system, would you have bought this house?" I asked him.
"No." Thompson insisted. "Negative.”
In his lawsuit, Thompson says the company failed to follow the law and disclose known defects with the house, calling it "deceit and fraud."
They even have an affidavit from that previous owner saying “it is my belief that Mr. Najarian was fully aware of the septic system issues we disclosed as well as discussed at the time of the sale of the home.”
"The big thing for me is that they knew about it." complained Thompson.
Najarian's company paid $205,000 for the property. He flipped it to the Thompsons for $275,000.
"Hey this is "as is." No disclosures," Najarian countered, explaining his policy to us. "Hire an inspector."
Zarah Najarian told us Jar House's rule is to not disclose any defects because they don't live in the houses they sell. They just flip them. He also suggested Jar House was actually the one who was misled because the seller didn't disclose the true seriousness of a $60,000 septic tank issue, instead saying the system "will return to normal after a few days."
"These are two completely different things," he stressed.
I asked him what would have been the harm of simply passing along to Thompson the previous owner's septic tank disclosure.
"Well, we deal with a ton of properties," Najarian said. "And... at the end of the day you can do so much, right?"
"Is it possible you didn't want to tell him because it would make it harder to sell the property?" I asked.
"No... we're in this business for the long haul and it's not like we're trying to shortchange people any opportunity we have."
The two sides are taking depositions in their legal dispute. Najarian told us he won't buy back the house. For this script, there seems to be no happy ending on the horizon.
"Ultimately I want this fixed and dealt with properly and I want people who are doing this not to do this to other people," Thompson insisted.
FULL STORY: www.fox5atlanta...

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28 сен 2024

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Комментарии : 53   
@Kay18yo
@Kay18yo 5 лет назад
This is the second news interview about this company. Jar House is currently being sued by another family about selling them a house with so much mold that they have to live in a trailer. This company is just deceitful.
@akui88
@akui88 5 лет назад
its like the 4th that i have seen, more and more people are coming forward!
@Kay18yo
@Kay18yo 5 лет назад
Wow more people. This company only interested in money and quick temporary fixes. Just crooked.
@BluePlanet1
@BluePlanet1 3 года назад
Update: JarHouse negotiated a settlement with this homeowner. The terms are confidential but one thing that was disclosed from that settlement is that JarHouse bought the house back from them. It’s funny because originally JarHouse said they would absolutely not buy the house back from the owner. They settled because they knew their chances weren’t too good if they decided to go the legal route, and the PR of an ongoing lawsuit has a tendency to dry up your pool of potential clients.
@silvialogan9226
@silvialogan9226 5 лет назад
Mr. Najarian is a crook and he should be put in jail for selling shoddy houses which are inhabitable.
@jeffclaeson8503
@jeffclaeson8503 4 года назад
As a Realtor I always warn a buyer about this company. I have stories about them
@sleepingbeauty229
@sleepingbeauty229 5 лет назад
Jar house is horrible nightmare ,don't buy a house from them report to better business bureau , I bet this guy is going to screw over every one he deals w, f rating
@campkira
@campkira 5 лет назад
This company again?
@miraclechild69
@miraclechild69 2 года назад
You can tell the owner is a slickster!
@ShumbundoProductions
@ShumbundoProductions 5 лет назад
This is the third video I've seen with these jar house shams. They keep popping up on my feed lol
@adriennegattozzi5854
@adriennegattozzi5854 5 лет назад
I'm just confused as to who would move into a home without getting their septic system inspected ? The $175 for the inspection is worth knowing you will not have to spend thousands down the road. Nonetheless, this company is an absolute nightmare and clearly preys on people that are simply looking for that "turn key" home.
@yamhayamha
@yamhayamha 5 лет назад
Ahh ohh ahh hmmm nice answer
@daviddinkins7009
@daviddinkins7009 28 дней назад
Don't buy from foreigners, just don't.
@yeeyee353
@yeeyee353 5 лет назад
Answers questions *stare at the floor*
@feeduptoherenback8612
@feeduptoherenback8612 5 лет назад
Most home inspections are not worth the paper they email. They flush toilets and click lights.....that will be 275 thanks, chump.
@lonnettedouglas5688
@lonnettedouglas5688 5 лет назад
Terrible to be taken advantage of but...he could run the washing machine discharge water to outside flower beds. Its a help. Never run washing machine through septic system. Flowers and plants love it.
@nancyramos48
@nancyramos48 5 лет назад
That man sounds fraud to me ....
@agnesrodriguez8725
@agnesrodriguez8725 5 лет назад
this guy is a crook
@sleepingbeauty229
@sleepingbeauty229 5 лет назад
he didn't tell them cuz they wouldn't of bought the house. that's fraud
@buckiemohawk3643
@buckiemohawk3643 2 года назад
its called concealment and against the law. Even a murder, can cause be cause.
@penrodautorepair3170
@penrodautorepair3170 3 года назад
It doesn’t cost 60k to get a septic system replaced. Someone is trying to rip you off. Should cost no more then 10k
@steelem422
@steelem422 5 лет назад
This guy is a slime ball
@jiayouchinese
@jiayouchinese Год назад
Not a good story, but mold would be an even worse thing to have concealed since mold can literally kill you. Jar house did that too.
@shahararuth2779
@shahararuth2779 3 года назад
He is lying! I almost bought a house from them, but I watched them renovate it and knew they were shady.
@michaeld954
@michaeld954 5 лет назад
Another house from jar house with problems
@diabetes1226
@diabetes1226 4 года назад
60 fucking grand to fix a septic tank they don’t even cost 3 grand
@sleepingbeauty229
@sleepingbeauty229 5 лет назад
he made what 65 thousand profit ,hm, that profit could fix that problem
@Homeinspectorsny
@Homeinspectorsny 5 лет назад
They should have done a septic inspection they likely would have caught the non working septic.
@tooge47
@tooge47 5 лет назад
$60K ??? Naw.................
@sleepingbeauty229
@sleepingbeauty229 5 лет назад
I would of spent 200 for that inspection report
@supertripleog5051
@supertripleog5051 2 года назад
The level of entitlement JAR has is stupid.
@dg7729
@dg7729 Год назад
Can't buy a house that has a septic without a septic inspection
@sotorobinson9457
@sotorobinson9457 Год назад
Baby was sleep with his arms crossed like I’m tired of this $hit
@sakthornton5626
@sakthornton5626 5 лет назад
He is such a lier
@nancyramos48
@nancyramos48 5 лет назад
Yeap y'all need to come.down on jar there's something fishy there
@tonybrowns649
@tonybrowns649 5 лет назад
The "As-is" is his legal loophole, just like Uber doesn't have a taxi license but it's a "technology" company. Legal cheating AKA business. #OJsimpson Pro Tip: Always hire a good inspector before buying a large purchase like this. 🙄
@1snikta
@1snikta 5 лет назад
Glad he not around me. Don't fw him... That's way too much money.
@ANGELSURS
@ANGELSURS 5 лет назад
60k WTF
@samueljohnson7850
@samueljohnson7850 5 лет назад
These r the kind of people Trump should b persuing.
@jonwhick3073
@jonwhick3073 3 года назад
Correct as is don't.mean you can hide things and say lol to bad as is ...you gotta inform about issues
@p33t3rpark3r
@p33t3rpark3r 2 года назад
normally i say Jar house is at fault...but the seller notes is another thing. they didnt disclose it as well
@theaussie6526
@theaussie6526 5 лет назад
Deport
@theayeshaerotica
@theayeshaerotica 5 лет назад
I Never use the dishwasher. I’m Asian
@tonybrowns649
@tonybrowns649 5 лет назад
@Fluffy 😂
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