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  • Report:  #64960

Complaint Review: Sunland Investments

Sunland Corp and Sunland Investments Chris Burhans, Robert and Grace Goeringer ripoff. Our house is only worth $45,000, not $80,000 like we were told. Pennsylvania

  • Reported By:
    Lancaster Pennsylvania
  • Submitted:
    Wed, July 30, 2003
  • Updated:
    Mon, August 04, 2003

BEWARE,BEWARE,BEWARE buyer BEWARE

how would you like to be told you can own a home and never have to pay rent again and have your credit repaired. Sounds good doesn't it? It did to my family and i at the time.

These companies and persons told us we could do this, so we gave them thousands of dollars down, it started out with Sunland Corp. They did all the paper work and said in 12 months we would own our $80,000 home, so we were happy.

11 months after we moved in and paying $675.00 a month a man comes to our house and tells us that sunland corp doesn't own our house sunland investment owns it and he is the owner of sunland investments. that we have to start paying sunland investments every month. so we did.

Again 11 months into it we get a letter from robert goeringer telling us that sunland investments doesn't own our home that he does. and guess what to start paying him the payments every month. so like the idiot that i was i started paying him.

this time we accually got to a morgage company and had to have an appraisal done before they would lend us the money to buy the house and guess what the house is only worth $45,000 no were near the $80,000 that we were told

and then robert goeringer tells us that he doesn't own the house his mom does and she doesn't want to sell the house to my family and i anymore and wants us out.

they are now getting us evicted and we lose all the money we payed down which is thousands of dollars and all the money we payed monthly and we still do not own a home

I have one thing to say and that is don't trust anyone and check out anyone that says they can repair your credit and put you in a home that will be yours and always get an estimate on the home first.

John
Lancaster, Pennsylvania
U.S.A.

1 Updates & Rebuttals


Michael

Waterford,
Michigan,
U.S.A.

Demand Deed and Title to property

#2Consumer Suggestion

Mon, August 04, 2003

This is a no-brainer. Get your contract and proof of down payment, (lease-option deposit) get it to your lawyer. Demand a copy of the deed and get the title to the property to determine ownership. What you have is a questionable Lease-Option agreement which very well may be constued as an installment purchase by a judge. In Michigan, it's a land contract purchase. Whoever is trying to force you out most likely won't be successful, so let them go through the process of the courts through a lawsuit. That is, of course, if they are in fact the true owners of the home (on title). Your day in court should be showing a judge that they entered into a lease option purchase, and sold for well over the true value of the home. This is predatory and they no it.

However, why would'nt you do your homework and find out what the house is worth? I mean c'mon, just because they told you it was worth $80k, you didn't compare that value to other comparable homes in the area? You have responsibility too, you know. You can't just blindly rely on what people tell you, agree in writing to pay $675/$80k, and then later decide it's too much money to pay.

By signing your lease-option agreement, you agreed your house was worth paying $675/month, and it is also worht $80k...which it obviously isn't because you finally had it appraised. Why didn't you get an appraisal upfront?

Lesson: Do your homework next time.

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