Disabled Tennessee man trapped by banned real estate company faces losing home

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Tennessee News

Right To List Agreement,Mr. Ward,MV Realty

A severely disabled Middle Tennessee man finds himself on the wrong end of a real estate agreement that is now banned in Tennessee.

Armstrong Williams takes on the news of the week and asks the questions you want answered. Don't miss our weekly town hall.

Sean Ward doesn’t move well enough to work. His MS is debilitating. The only reason he has this home in Hendersonville is because when his grandfather died, his dad made sure he owned this home clear of any mortgage or lien. So, he could raise his kids and grow old knowing he would never be homeless."What’s your greatest fear? What are you afraid of?" FOX 17 News Dennis Ferrier asked.At some time, a representative from MV Realty knocked on Mr. ward’s door. Mr. Ward signed a document.

If you cancel the agreement, Mr. Ward owes MV realty 3% of the value of the house. If you sell your house, MV realty gets a 6% commission.I mean they like said, they didn’t specify why they were there, who they were and then like maybe 20 minutes they were gone,” said Ward. However, because Ward signed the right to list agreement before it became illegal in Tennessee, he may still be legally bound to its terms.

 

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