KACW Investments - Lease Option in Florida Home Rent to Own Scam.
Back On January 7th 2 days after I listed my home on Buyowner.com I got an email from a Joanne Pearce at KACW Invtestments in Orlando. She offered to purchase my home on a lease option agreement. She sent me the agreement after several requests to do so.
After reading the agreement and deciding to take her Option 3 which was to Lease my home at 1050.00 per month for 2 years and then buy the home at my asking price of 179,000 I made changes to the contract. The changes I made cleaned it up and made it much more clear - especially in terms of the payments and due dates and interest. I sent the contract back to Ms. Pearce and a few days later she returned the contract basically deleting all of the changes.
On March 8 I signed the agreement as is and returned it to her.in the agreement it says that she is to inspect the home and send payment for the 1st month plus the 2000.00 security deposit within 21 days of signing.
Having not heard from her regarding the contract nor the inspection, I called Ms. Pearce several times. On a few of the occasions a female answered the phone and said she would take a message for Joanne Pearce. One of the times I called that same female answered and when I said "Joanne"? She said yes this is she... I discussed with her that I would allow a few extra days from the 29th of March for her to make payment... Thats when she sarted to hum and haw about even making the payment... I got the feeling I probobly would never see payment from her..
It's been 2 weeks since that conversation. When I email her from my aol to her email - [email protected] I see she is just deleting my emails and when I call she never answers and it goes to voice mail which she never ever returns...
BEWARE ALL SELLERS BUYERS - she is not a licensed real estate agent neither are Michael Pearce or Helen J Pearce who are officers of this newly form corporation. These are red hot signs of a rent to own rip off company...
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