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          Business Profile

          Real Estates

          Baird & Warner Holding Company

          This business is NOT BBB Accredited.

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          Complaints

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          Complaint Details

          Note that complaint text that is displayed might not represent all complaints filed with BBB. See details.

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          Complaint Status
          Complaint Type

          • Initial Complaint

            01/30/2023

            Complaint Type:
            Product Issues
            Status:
            Answered
            On 11/03/2022 I ( *********************** ) signed a contract to purchase a property ( ********************* ) .Which it was two unit building , I gave a downpayment of $5000.00 ( ******* money ) by ACH transfer .Payment was made to *********************************************** .Deal was approved by the lending bank , but when the bank made an inspection on the property, they found out that SELLER was using the basement as an Illegal Unit , which had utilities installed. And that was never disclosed on the contract . The bank decided not to move forward with the closing of the property and the deal was cancel between buyer ( myself ) and seller .******* money on the amount of $5000.00 should be returned to myself but closing company does not want to give me the money back , even though it was not our fault for the deal not to close .They want to keep our money , which unacceptable. The seller lied on the contract , and title company wants to keep ******* money .I have been buying / selling properties for years and this is totally illegal .I will be attaching emails and other supporting documentation such as contracts and inspector reporte of the property .

            Business response

            02/08/2023

            Baird &Warner held this money as escrow agent on behalf of Claimant, as Buyer, and Seller who were parties to a real estate contract that was terminated.  Our client is the Seller.  The Seller has offered to split the ******* money and ************** did not agree to this.

             

            Under the ******** *********** License Act, ********************** & ********************** cannot release the funds without joint written direction of these parties, which we could not obtain. 

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          BBB Rating & Accreditation

          A+

          This business is not BBB Accredited

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          Years in Business: 41

          Customer Reviews are not used in the calculation of BBB Rating

          Overview of BBB Rating

          Contact Information

          120 S. LaSalle Street

          Suite 2000

          Chicago, IL 60603-3594

          Visit Website
          (312) 368-1855

          Customer Complaints Summary

          1 total complaints in the last 3 years.

          0 complaints closed in the last 12 months.

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