Print the value of index0
  • Report:  #285234

Complaint Review: Kothe Real Estate (William Kothe)

Kothe Real Estate (William Kothe) Stold my belongings includeing my mother's cremated ashes Spencer Indiana

  • Reported By:
    Indianapolis Indiana
  • Submitted:
    Sat, November 17, 2007
  • Updated:
    Mon, June 23, 2014
  • Kothe Real Estate (William Kothe)
    PO BOX 229
    Spencer, Indiana
    U.S.A.
  • Phone:
    812-876-2990
  • Category:

I was buying a mobile home from William Kothe. When I found out that he did not tell the truth on the discloser form and the home had in fact been flooded I wanted to move. I called him to tell him that I would be moving and why. He agreed that we would meet at the home on July 19 2007 to do a walk through. The problem is he got there before me and stold about $6000.00 worth of personal belongings. He even took my mother's ashes and many other things of hers that ment alot to me. I called him and told him that I had just lost my mother in Jan 2007 and I really wanted her things back. He laugh at me call me a SOB and a f*g told me to go to hell and said that the coat was his. One of the things he took was my cashmere coat. I have made a report to the Attorney General office but I have not heard anything yet.
William Kothe is a theif and a person that should pay for all the many he has riped off.

Ron
Indianapolis, Indiana
U.S.A.

1 Updates & Rebuttals


Kothe Realty

Spencer,
Indiana,

An Unfortunate Response to a Non-Paying Tenant

#2REBUTTAL Owner of company

Mon, June 23, 2014

I am a professional land developer and real estate investor. When a buyer purchases the land or homes I offer for sale, they purchase the homes "as is". There is no warranty, express or implied on the home. Many of my clients take advantage of low interest bearing loans when they are not for whatever reason, able to qualify for a home loan on their own with a conventional bank.

Whenever a land contract is defaulted upon, for whatever reason, without proper signing of a promissory note to cover the lost income from the home, the owner's personal property is taken over by the contract owner. There have been cases where the holder of the note has not been available to negotiate (not answering phone, not responding to mail, not responding to demands for payment, etc.) and the home is foreclosed upon. This activity must be done to pay property taxes when a home owner refuses to pay their contractual obligation to save the home from a sheriff's sale, arrange for insurance and inspections, and to clean and repair the home in the hopes of re-selling it to a new, qualified buyer.

Although it is not common, there are times where home buyers are not in communication to negotiate terms and in these cases, the home contents must be taken away without the express permission of the contract buyer who is in default, so as to secure the home for a resale. It is not clear to me from this complaint that this was the specific case with this individual, as they did not sign their entire name to their complaint. If I had their complete name, I would be able to search my records and respond more speciically to the complaint given.

Best Regards, William "Bill" Henry Kothe

 

 

 

Respond to this Report!