RALEIGH — Consumers who bought overvalued lots at two coastal real estate developments in Carteret and Onslow counties will get to recoup some of their money, Attorney General Roy Cooper said Tuesday.
The developers and marketers behind Cannonsgate at Bogue Sound and Summerhouse at Everett Bay are also barred from misleading any future buyers about the value or investment potential of lots offered for sale in North Carolina.
“While many real estate opportunities are legitimate and live up to their promises, some take advantage of buyers,” Cooper said. “Beware of sales pitches that lead you to believe you’re getting a special deal and will be able to make a quick profit.”
See more in Wednesday's print and online editions.