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  • Report:  #386638

Complaint Review: Paragon Properties Of Costa Rica - Hollywood Florida

Reported By:
- Florence, Massachusetts,
Submitted:
Updated:

Paragon Properties Of Costa Rica
2035 Harding St. Hollywood, 33020 Florida, U.S.A.
Phone:
954-922-7410
Web:
N/A
Tell us has your experience with this business or person been good? What's this?
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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