Vision Investing Group, Tom Butler's Short Sale Magic Illegal in the State of Florida, Deceptive Practice as per Florida Statutes American Fork Utah
I'm not sure how I got on the Tom Butler's email list, but it was one of the worst things that has ever happened to me.
He advertises this once in a life time opportunity for ordinary people. He is a fabulous salesman and has trained his employees to be great sales people as well. I must give him credit for that. He sells this product as a way to make money using short sales while helping people avoid foreclosure. He sends a DVD on which he is featured and he passionately tells his life story and how fortunate he has been. His reason for sharing his secrets to sucess is.... "Heck, nothing is more rewarding than knowing you've helped someone else get rich." The literature that you first receive states there is no money required "out of pocket".
It turns out that the plan is to charge the costs on your credit card or get a partner to fund whatever money is needed. Prior to purchasing I ask if the owner of the property was required to transfer the title of the property. I was told that was not the case. I explained that I wanted nothing to do with this program if that was part of the procedure. I was assured it was not by the saleperson. Turned out that the program requires the owner who is in foreclosure sign the property over to a trust that is in his name. The property owner than assigns a trustee that you choose and makes you the beneficiary of the trust. Why would someone who is so successful need to scam people and be dishonest?
Do I feel stupid?? Oh, yeah. Tom Butler takes advantage of people that are down and out. I am experiencing a very difficult time financially. I am on the brink of foreclosure and bankruptcy. I put the $5,875 on my credit card. I believed in him and what he expressed in his literature. I know....if it sounds to good to be true....it usually is. What was I thinking?
After my 3rd coaching session it became evident that I had been lied to. I met with a Real Estate attorney who gave me a copy of the Florida Statutes. What the program coaches you to do is illegal in the State of Florida as per Statute 501.1377. I sent the entire package back with a copy of the statutes and a request for receipt of my money. Ha!! It seems like there should be some way to stop a company from selling something across state lines that requires an illegal act. I am going to contact the US Attorney General and the US Department of Justice. Does anyone have any other suggestions?
Gts
Gainesville, Florida
U.S.A.
3 Updates & Rebuttals
2gd2btru
Kenner,Louisiana,
U.S.A.
Short Sale Magic exposed
#4Consumer Comment
Thu, August 06, 2009
I too, have had considerable disillusionment with the Short Sale Magic experience. First, allow me to present the definition of magic: magic (mjk)
n.
1. The art that purports to control or forecast natural events, effects, or forces by invoking the supernatural.
2.
a. The practice of using charms, spells, or rituals to attempt to produce supernatural effects or control events in nature.
b. The charms, spells, and rituals so used.
3. The exercise of sleight of hand or conjuring for entertainment.
4. A mysterious quality of enchantment: "For me the names of those men breathed the magic of the past" (Max Beerbohm).
adj.
1. Of, relating to, or invoking the supernatural: "stubborn unlaid ghost/That breaks his magic chains at curfew time" (John Milton).
2. Possessing distinctive qualities that produce unaccountable or baffling effects.
This alone should have reiterated the old adage, "if it sounds too good to be true, it probably is". The free Short Sale Magic book is very misleading and over simplifying in its presentation. The lure of $20-30K per deal in short selling real estate mortgages is very seductive to anyone who is in financial hardship. It is equally seductive to be mislead to believing that the cost of tuition for this course will be recouped at least 2-fold in 6 months, or your money will be refunded. I have followed the program to a "T" and have produced only 2 leads, neither of which presented the potential for a short sale. I have since requested via email as well as USPS mail to have my refund instated, and have had no response from anyone in any way. I'm sure that I will never see the $8+K investment in any way, shape or form. This, I guess, is the real magic... the means by which they convert your money into their money, ie. "the distinctive quality that produces unaccountable or baffling effects."
If ever there is a change, and I do actually receive my refund, I will be sure to update this column; but for now, I rest my case. And a well deserved rest it will be, for all the work I put into not making an easy $20-30K!
Andy G
Laredo,Texas,
U.S.A.
Vision Investing Client- om Butlers System
#4Consumer Comment
Mon, March 09, 2009
I am a current vision investing client- I have been for more than a year now. I have conversations with my coach when I feel like I need one. The program that is offered teaches you what you need to know- but no one will ever spoon feed you to become a financialy independent individal. It took my company- which I started on the basis of Tom Butlers Program, 2 years to become very successful- at which point I no longer have to work. I spent 38,000 in one year which included Tom Butlers Program and mistakes I made by not following the guide correctly.
Successful people do not write here. I am only writing here because I was researching another topic.
Feel free to contact me should you have any questions on the program. Again, I am a current client.
adudex@live.com
Joel
Draper,Utah,
U.S.A.
You should know the facts before you act...
#4UPDATE EX-employee responds
Sat, February 28, 2009
I used to work for the company and I have to say that your facts are a little off. Tom does not train anyone onsite to sell the products. He stops by occassionally for a Q & A session but that is about it and he actually does Short Sales but it really only his name that is being used. He has granted the use of his name and his story but that is the extent of real involvement here. He is a very successful man and humble, honestly trying to help out other folks. Don't jump to conculsions about something you don't clearly understand.