Usacomplaints.com » Construction & Repair » Complaint / Review: Tower One Properties - T2 Holdings - Stonegate Properties - Fastpropertybuyer.com - Kevin D - Ira F - Ripoff my equity in my home did not pay off the loan and move someone else in the home. #157108

Complaint / Review
Tower One Properties - T2 Holdings - Stonegate Properties - Fastpropertybuyer.com - Kevin D - Ira F
Ripoff my equity in my home did not pay off the loan and move someone else in the home

On 11/7/05 i decided to sell my house and start over so i looked on line for a investor to buy my home so that i would not have to make any repairs to the home money was tight for me a single mother of four sons with no child support just my income from my job. I called fastpropertybuyer.com and i spoke with ira friedman i explain to him that i was behind on payment and this month will make two i had just made arrangements with the county of sacramento to pay my taxes on the house things were tight and i needed a way out. Ira said that they could help they would pay the loan off and taxes and make some improvements to the home and sell it. He told me that they could only give me $5000.00 to get out of the home because i did not have much equity in the home and they would have to make the missed payments and catch up the taxes on the house. He faxed the paperwork over on 11/8/05 to my job i signed over the deed on 11/18/05 i moved out on 11/28/05.

When i moved out they decided that they would not pay the loan off now a holding company was holding deed to the house and they were just making payment on the loan in my named when i moved out i cancelled my homeowners insurance and i informed them i cancelled in and that they needed to get their own insurance on the house they could not get insurance because the loan was still in my name so the bank place insurance in the amount of $1628.00 which made the payment go from $1282.00 to $1,457.00 per month they stop paying the payments in february of this year and moved someone into the house in march still had not taken the loan out of my name or recorded the deed yet. And they stole my alarm system out of the house and will not pay for it i will try and take them to small claims court. Stay away from these people they are crooked



0 comments

Information
Only registered users can leave comments.
Please Register on our website, it will take a few seconds.




Quick Registration via social networks:
Login with FacebookLogin with Google