Sabrina Carden Solid Source Realty GA LLC Dangers of short sale fraud Atlanta, Georgia
The listing agent Sabrina Carden of Solid Source Reality GA LLC and Nathan Ohuche of City Condo Homes LLC either seeks out or is sought out by a seller in a desperate and hard time. Home Owner primary and only request is to complete a loan modification and is working with NACA and Americas Home Save to modify the loan on the home. Sabrina Carden of Solid Source Reality GA LLC and Nathan Ohuche of City Condo Homes LLC list the home with the agent Sabrina Carden as a short sale who then rushes the seller KaiAiyana Hayes into a contract on the home from an investor Nathan Ohuche. The contract is WAY below market value at $38K but the seller signs anyway not knowing what the market value of the home really is $100K. CitiMortgage and the Seller completed a loan repayment plan for a home stay. That investor then starts negotiating with the bank CitiMortgage either on behalf of the seller or the agent to get the sale accepted. I the seller, demand a stop of this typical fraud attempt of short sale before the agent RE-LISTS the home for sale but at a much higher price than the previously accepted contract...while the home is technically under contract with someone else preventing the short sale fraud of a selling investor Nathan Ohuche who has not yet closed on the home. My contract is subject to scam in defrauding both the seller and their mortgage company. This company is VIOLATING fiduciary duties to the original home owner seller.
1 Updates & Rebuttals
Sabrina Carden
United States of AmericaKaiAiyana Hayes makes Untrue Fraud Claim
#2REBUTTAL Individual responds
Fri, November 19, 2010
This property was listed by Nathan Ohuche after contact with KaiAiyana Hayes. He had sent some information to KaiAiyana Hayes and she called looking for assistance with her current mortgage. He talked to her and notified her of the options that would be of assistance in her situation. She indicated that she tried to do a Loan Modification with NACA however it did not work because she did not have regular income at the time and therefore could not qualify for a modification. At that point Nathan advised her that the best option for her to advert a foreclosure would be to do a short sale. She appeared to be very pleased with that option and was in no way coerced or forced to sign a listing agreement. The property was listed and due to the nature of the property an investor made an offer to buy the property at a discounted price. Ultimately, KaiAiyana appeared uninterested and the listing expired with virtually nothing happening other than a postponement of the foreclosure sale date. KaiAiyana was not really interested in enabling buyers to view the property and as a result the property was not able to get a whole lot of market interest. To set the record straight, the average sale price of these properties between December of 2009 and August of 2010 is $51,100 according to the MLS with the highest sale at $60,000 and the lowest sale at $37,000. These homes Sold for between $86,000 and $102,000 in 2007 which may be the reason why KaiAiyana believes the properties are still worth $100,000. I was not the listing agent on this property, so I am confused as to why she would write a report directed at me. In no way was this a violation of the sellers rights in any way.