Have You Seen Andrew? We Have!
“The company ‘MV Realty’ is currently the target of multiple lawsuits from attorneys general in multiple states, and now realtors in the Lowcountry are coming forward with their own complaints about the company.
The lawsuits claim MV Realty took advantage of people during the pandemic, using cash incentives to get them to sign an agreement spanning four decades. Andrew Scherl, a realtor in Charleston, said he had a run-in with the company while helping a client sell his late father’s house.
Scherl said MV Realty sent out fliers advertising the program to neighborhoods in the Lowcountry during the pandemic, getting homeowners to sign the agreement for quick cash. “There was a lot of people that signed these documents,” Scherl said. “So I think they were taking advantage of people in a trying time — offering them money.”
According to the Register of Deeds in Charleston, Berkeley, and Dorchester counties, hundreds of homes have these memorandums in place from MV Realty.”
