Your tip
Your tip
RadarOnlineRadarOnline
or
Sign in with lockrMail
Exclusive

HGTV Star Tarek El Moussa's Company Scores Victory in $350k Lawsuit Over Real Estate Deal Gone South

tarek el moussa
Source: mega

Feb. 22 2024, Published 5:30 a.m. ET

RadarOnline CommentsLink to FacebookShare to XShare to FlipboardShare to Email

A Los Angeles-based woman dropped her lawsuit against Tarek El Moussa’s company over an alleged breach of contract.

According to court documents obtained by RadarOnline.com, Ruby Vidato informed the court she wanted to dismiss all claims against Tarek Buys Houses.

Article continues below advertisement
noho renters accuse tarek el moussa evicting to build  unit complex pp
Source: mega
Article continues below advertisement

As we first reported, Vidato sued the HGTV star’s company for $350k in damages. El Moussa was not a defendant.

Tarek Buys Houses is a “private real estate investment company dedicated to helping property-owners in tough situations sell houses for cash.”

Article continues below advertisement
tarek el moussa spotted first time soccer fight christina haack
Source: MEGA
Article continues below advertisement

The company “pays cash for houses, single-or multi-family, in any condition, helping homeowners achieve the fairest as-is price for their home.”

In the lawsuit, Vidato claimed El Moussa’s company agreed to purchase her 4-bedroom, 3-bathroom home in Los Angeles for $1.8 million in May 2022.

Article continues below advertisement

Vidato signed the deal and removed the tenants who were living in the residence.

In court documents, weeks after the deal was agreed to, Vidato claimed a rep for Tarek Buys House called her and backed out.

Article continues below advertisement
tarek el moussa theather
Source: mega
Article continues below advertisement

Vidato claimed the rep said they could not move forward with the deal due to “market shifting and other excuses.”

She said Tarek Buys Houses sent her a Cancellation of Escrow and Contract form to sign. Vidato said she refused to sign because she didn’t agree to the deal being canceled.

Article continues below advertisement

Vidato said she sold her home for $1.5 million in September 2022, a full $300k less than her deal with Tarek’s business. Her lawsuit demanded $350k in damages plus attorney fees.

In response, Tarek Buys Houses denied all allegations of wrongdoing. The company accused Vidato of having failed to kick out her tenants by the agreed-upon deadline.

READ MORE ON EXCLUSIVES
Article continues below advertisement
tarek el moussa spotted first time soccer fight christina haack
Source: MEGA
Image of a woman with shocked expression

Never Miss an

Exclusive

Daily updates from the heart of Hollywood, right to your inbox

By entering your email and clicking Sign Up, you’re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy.

Article continues below advertisement

Never miss a story — sign up for the RadarOnline.com newsletter to get your daily dose of dope. Daily. Breaking. Celebrity news. All free.

In addition, the company claimed Vidato’s daughter sent a text to a company rep stating her mother wanted out of the deal.

Tarek Buys Homes demanded the entire lawsuit be thrown out. The HGTV star’s company asked that its legal bills be reimbursed by Vidato.

Opt-out of personalized ads

© Copyright 2024 RADAR ONLINE™️. A DIVISION OF MYSTIFY ENTERTAINMENT NETWORK INC. RADAR ONLINE is a registered trademark. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service, Privacy Policy and Cookies Policy. People may receive compensation for some links to products and services. Offers may be subject to change without notice.