Sandra Barkley, who owns a three-story home in Bedford-Stuyvesant, is suing United Homes, a one-stop shop through which she purchased her home. WNYC talks to Barkley, who alleges the company knowingly sold her a house that was in poor condition and overcharged her by more than $100,000. Barkley’s lawyer, Ned Vazire, said that United Homes purchased what would later become Barkley’s home at a foreclosure auction for $153,000 and sold it to her for $200,000 more than that a few months later. Barkley hasn’t made her mortgage payments since 2004, but foreclosure of her home is on hold because of her lawsuit. The Real Deal explored all-in-one real estate companies in the June 2008 issue, and The Real Deal‘s Alex Ulam spoke to WNYC about one-stop shops yesterday.

The Real Deal‘s Alex Ulam spoke to WNYC’s Richard Hake today about one-stop shops, businesses that provide real estate salespeople, financing, inspections and home appraisal through one company. A high percentage of homes sold through New York City’s one-stop shops end up in foreclosure. Ulam discussed how he found out about the problem; where homebuyers find one-stop shops, which are particularly prevalent in outer borough neighborhoods; and how these all-in-one real estate companies inflate neighborhood prices. Ulam explored these companies in The Real Deal’s June 2008 issue.
 

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