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  • Report:  #386638

Complaint Review: Paragon Properties Of Costa Rica

Paragon Properties Of Costa Rica Fraudulant Contracts for sale of land in Costa Rica for which there are no filings concerning the solicitation and sales made of such properties in the United States , and specifically, in the State of Florida. Hollywood Florida

  • Reported By:
    Florence Massachusetts
  • Submitted:
    Fri, October 31, 2008
  • Updated:
    Wed, September 09, 2009
  • Paragon Properties Of Costa Rica
    2035 Harding St.
    Hollywood, Florida
    U.S.A.
  • Phone:
    954-922-7410
  • Category:

My story is very similar to all the others I have read on this site. In essence, I purchased a 1 hectare site of land from Paragon Properties for a $39,000 deposit against Agreement for Deed dated January 24th, 2007. In this agreement for deed, Item# 3 states that Infrastructure for Roads and Electricity will be in place within 24 months from date of agreement ( More on this later ).

Subsequently, I decided to pay off the balance of the purchase price on the land so as to have clear and full title to it as soon as possible. As agreed, I made a payment of $11,250 in March, 2007, a second payment of an additional $11,250 in July, 2007, and a final payment of $10,250 in September, 2007. Therefore, my property was paid off in total as of September, 2007 for a total of $72,250.

During the course of all the above negotiations and payments, Paragon Properties assured me that it would take approximately 6-8 weeks for me to receive full deed to my property. However, over a year later, due to their lies, procrastination,, and possibly, downright fraud ( i.e. If ,in fact, Paragon Properties has never filed for solicitation and sales made of my property in the United States, and specifically, in the State of Florida, this is criminally fraudulant activity.), I have still received no deed to my property.

A secondary, although just as important issue, is Section #3 of my Agreement For Deed with Paragon Properties. This section states that the "Infrastructure for roads and electricity will be in place within 24 months from the date of this agreement...". In fact, neither roads nor electrical work have even commenced as of October 31, 2008. This means that unless Paragon Properties can accomplish the Herculean task of initiating and completing both projects within 3 months, they are in Breach of Contract in regard to my Agreement for Deed with them.

I would like to contact any and all the other people who I have read on this site concerning Paragon Properties.
( How do I contact these other wronged individuals? )
Harly
Florence, Massachusetts
U.S.A.

1 Updates & Rebuttals


Krishen

fresno,
California,
U.S.A.

Same thing happend to me.

#2

Wed, September 09, 2009

So the same thing happend to me and I have an attorney that will take your case! I just filed and they will get served pretty soon here. I tried to work it out, be patient, I tried everything. This is the last resort and its really the only way to have a glimmer of hope. If nothing else I will get some real answers in an official document that can't be BS'd! .....Good Luck!

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