Buying REO properties as a large group.investors could choose and decide to invest in pre-screened REO properties that were to be vetted by their experienced team. A fully refundable initial deposit of $18,000 would get the process going. After our ability to finance a property was reviewed, they would contact us with properties to consider investing in.
After several weeks of no calls or attempts to contact us. I starting asking for the refund. An account service representative kept reassuring me that company President Mark Thorne, who was the only one authorized to okay a refund, was aware of my requests and I was on his appointment list to call me back.
I managed to speak Mr. Thorne and he attempted to "sell" me a property in Michigan, but I only wanted my money back. He ended the conversation by saying that it would take 30-45 days for processing. I waited. Kept in touch with the account service representative that continue to assure me that it was being addressed.
After 45 days, No refund. I continue with weekly calls and e-mails. Finally, the contact phone numbers to the business stopped working.
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