Secure Asset Management is a property asset company that works for banks in preparing forclosed properties for resale. We were hired by SAM, Inc. To paint the interior of a home in Boca Raton. We were told to get started on the job right away as they were behind schedule as their previous painter bailed out and if the work wasn't completed soon the bank would pull the property. We started on a Sunday, we bought a high quality paint and was told it had to be a neutral color. We spent the next 4 days painting the interior of the large home. We were visited on the 3rd day and the owner of SAM shows up with a release for me to sign saying the bank won't allow us to go forward without signing it. Against my better judgement I signed it. I did know better and blame myself. The next day we were told that we had to do extra work that wasn't on the work order and that the color of the paint wasn't neutral. It was beige, i don't know how more neutral you can get?
Finally, when we are 90% complete he tells me that the paint is wrong and the whole property needs to be repainted. I saw the scam and decided to no take a further beating and walk away. I am sure they got the painting finished by someone else for a fraction of what we were to be paid. And I am sure that the bank sold the property with and financed it with the money my taxes bailed them out with. Am I angry? Yes. Do I blame myself for signing a release? ABSOLUTELY.
There's a reason this owner drive up in the latest Jaguar and his wife drives a brand new Land Rover. They are scamming the people who need the work the most.
If you see them drive up. Run.
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