American Standard Online Foreclosure Property SCAM Montecito California
American Standard is a rip off! Icalled the number from a Craigs List ad. When I got a salesman on the phone and he asked wht locations I was interested in buying. I told him and he stated we have lots of properties in that area. he let me see the file of houses and they all looked to be in good locations. So I signed up.
When I got my login and password from AS I went in to see what properties I wanted to make offers on. What I saw was something TOTALLY different from what I had been led to believe I was getting. There was a list of properties - to send "I want to buy your house" letters to. They don't own or have a contract on ANYTHING. It was just a list with nice pictures. I question now if they were even pictures of the actual houses. None of the pictures ever showed the outside of a house only the inside. I can get a list of Lis Pendens homes from the courthouse online for free. And there list is nothing more than that.
Then as part of their refund policy you need to have copies of five rejection letters and wait 90 days. So in other words they want you to send out letters to people in foreclosure with AS letterhead and if they sell they want to charge you a "transfer fee" $500 for every $100,000 of value. Excuse me! I'm doing the work here why should I pay you for that? And on some of the houses the "transfer fee" wasn't $500 per $100,000 but $10,000 per $100,000. I called back to my salesperson and he gave me some lame excuse about it must be a posting error. By that time I knew I had been had.
Since I use Craigs List a lot in my business I started going to other Craigs List ads in other areas. AS was using local telephone numbers but when you called them you got the same recording I got the first time. So I flagged everyone of their ads in three areas. But I'm sure there's a lot more I didn't get to. Then I called teh credit card company to dispute the charge. These people need to be out of business! They are a total rip-off taking money from people who do not understand the real estate market and wouldn't be able to recognize them for what they really are.