Minnesota appellate court rules that real estate professional did not make a misrepresentation
By Staff @ National Association of Realtors
March 13, 2017

Minnesota appellate court rules that real estate professional did not make a misrepresentation when he based his statements about the property on information obtained from the county’s website.

Wells Fargo (“Bank”) foreclosed on a property in 2010.  Following the foreclosure, the Bank had the property appraised, and the appraiser estimated that the property needed approximately $22,000 in repairs.  A real estate broker (“Broker”) hired by the Bank to list the property for sale told the Bank that the property had “potential but boy what a mess.”…

Read the full decision: Beckman v. Wells Fargo Bank, N.A.