I fell for this cheap scam five days ago,
First, I am calling Bank of America and disputing the charge. They don't tell you the clause behind the refund which is getting 5 denial letters plus 10% cancellation fee.
Second, the houses that were put on sale have accelerated into foreclosure auction or even resold.
Third, some of these home have active landlords (property record) that shows no recent filings.
Fourth, the fact that you have to pay to view the listings, and to even imagine that you have to send contact letters to homeowners who aren't selling is the most disgusting thing I've seen. I have facts and figures...
In fact, one of the houses I was interested in "2006 Ivy Crest Ct, Houston TX 77077" was not even in foreclosure. Due to the nature of my job, I decided to dig further regarding this home because the facts presented did not make sense to me. My research led me to:
Houston's Clerk Recorder recorded the "Notice of Substitute trustee" on December 16, 2014
American Standard Online entered the information into their system on Dec 19, 2014
Meanwhile, a notice of acceleration was filed onto the owner on December 8, 2014.
This is where business integrity lies: the mortgage service provider sent in the trustee notice along with other affidavits, but
a. ASO negligently dismissed the other fillings on record such as notice of acceleration. Therefore, if there was an acceleration already as of Dec 8th, this wasn't a pre-foreclosure as identified by ASO, this was CLEARLY FORECLOSURE.
b. ASO willfully entered the wrong information in their system (wrong transfer value, date as well as other information ). They claimed the transfer value is $189k, meanwhile the foreclosed auction starting bid is $450k, This is VERY dubious..
c. Notwithstanding that the owner of the property "Mr. Ali Khan" immediately sued (SEE district court docket filing: active as of January 31, 2015) and got an temporary injunction of which Judge Palmer issued an ex-parte order halting the proposed sale of the property.
I looked for their legal business name, but I could not find it. I wouldn't have a hard time finding their true legal name. When I am done, I will pull out their Dunn and Bradstreet ("D&B") profile and all their management info and paste it on the blog referenced back to CL ads.
Furthermore, I am sending my letters and evidence to bank of American CC processing / fraud center. Banks need to start declining transactions from these processors. I am sending to ALL the trustees on file alleging that ASO claimed they were hired by a lending bank to post such a false information. I will send this to Ali Khan, as well as other owners whose property isn't even in the foreclosure process. Finally, the Texas Attorney General's office , CA Secretary of State, CA Attorney General's office, and then BBB.
I am determined to expose all their fraud...