Usacomplaints.com » Miscellaneous » Complaint / Review: JSP Investments, JSP Finance, JSP Automotive, Northgrand Auto Sales, Jeff Polen - Deceptive business practices, real estate scam, company solicits properties by advertising them as cfd, states you are building equity in the properties when in fact there is no equity ever! Deceptive business practices. #466159

Complaint / Review
JSP Investments, JSP Finance, JSP Automotive, Northgrand Auto Sales, Jeff Polen
Deceptive business practices, real estate scam, company solicits properties by advertising them as cfd, states you are building equity in the properties when in fact there is no equity ever! Deceptive business practices

Jeff Polen of JSP Investments, JSP Properties, JSP Finance, JSP Automotive advertises property as CFD (Contract For Deed) and clearly states that the buyer is building equity in the purchase of his CFD homes.

BUYER BEWARE - These homes ARE NOT contract for deed, they are rent-to-own and the buyer is building NO EQUITY!!!

This individual is a con-artist, he lies, cheats and scams innocent people of their hardworking dollars. We are presently in the process of preparing litigation against this SCAM artist for Fraud and Deceptive Business Practices.

Information from his website

Http://www.jspinvestments.com
http://www.jsp123.com
http://www.alljsp.com

Top reasons to buy a home from us!

* * * * * * *

Been turned down by a bank or mortgage lender? Bad credit makes no difference to us!

No credit check

6 Months on the Job or in the same profession required

Only $1,000.00 down required in most cases

Each payment you make gets applied to the price of the house as a bank loan amortized

Deferred closing costs

No application fee's

No hidden fee's

Flexible terms up to 30 years

10%-12% interest no matter what your credit looks like

Payments as low as renting

Automatic pre-approval on an auto purchase at JSP automotive II in Springfield, IL.

Make payments over the computer

Very reasonable contractor rates when needing assistance on anything to do with the house.

Want to become wealthier? Buy a house. Below is a comment by a specialist in the field. No matter what the economy is doing, your biggest asset which is your house is accruing.

"There's been a wealth effect afoot throughout much of the recession and the recovery, " said Bernstein of the Economic Policy Institute, "because no matter what people's incomes were doing, their wealth was improving their biggest assets, their homes, were accruing."

If buying is for you, ask us about our Lease to Own (LTO) homes with $1,000 down payment required. You get the same credit with each rent payment as you would if you were paying the bank. As a matter of fact, why use a bank when we will carry the financing 100%. Payments from $390 & Up.

What is "lease to own"? An option to purchase with a triple net lease in which the Tenant has exclusive rights to purchase the home within the lease period. The purchase price, monthly rent, rent credits (same as a bank), and length of lease are established up front. This is a great way to beat the rising home prices by locking in a price now. Tired of paying rent, or need some time before the actual purchase. You not only are getting into a house with no down payment, but you are instantly making equity by having to make the payment you do each month to a landlord anyway, plus the value of the house will go up each year due to appreciation. You have the price already locked in therefore you are making the differance between what you owe on the house currently and the value that the house has increased each year.

This guy is a scam artist!!!



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