- Report: #1419246
Complaint Review: Philip H. Collector - Towson Maryland
Reported By:
Benjamin -
Spring Valley, New York, United States
Submitted:
Updated:
-
Author Confirmed
Why?
Philip H. Collector
8422 Bellona Lane Suite 201 Towson, 21204 Maryland, United States
Phone:
410-625-6212
Web:
www.iitrust.com
Categories:
Business Rating:
(0)
Tell us has your experience with this business or person been good?
Philip H. Collector II Trust LLC Got ripped off with my earnest money deposit. Towson Maryland
Trusted Phil with my deposit after he insured me on a home that he had listed on his website for sale. After the Settlement date expired (over twice the agreed time-frame) I come to find out that he did not control nor did he have the rights to make the sale. Now it became clear to me why he kept pushing me off with the closing date.
After asking for my deposit back multiple times he refused, instead he started calling me names like "cry like little children" "crying like little girls" " once your turn this into a civil matter, all things change The case will take 3-4 months to come up" I changed more than 45 email with him, on the final email he decided to finish up by saying "Bye Bye kiss my ..."
I am sure that I am not the only one as you can see https://www.bbb.org/greater-maryland/business-reviews/real-estate-services/iitrust-in-towson-md-32011390/reviews-and-complaints?section=complaints report from another investor that he took for a ride.
2 Updates & Rebuttals
Benjamin
Spring Valley,New York,
United States
Liar liar pants on fire ...
#2Author of original report
Mon, February 19, 2018
Phil,
We all know at this point that you are a blatant liar and thief.
Instead of depositing the earnest money into an escrow account within 7 days as the law requires (which would have avoided all the trouble), You had us deposit the funds into your personal account. You are clearly in violation of Maryland real estate brokers law.
To be clear, you returned 2,000.00 back to us and followed up with an email telling us that in order to receive the remaining 2,0000.00 we would have to withdraw our claim from the BBB. That by itself is in violation of the BBB's regulations.
I am not the only victim here as there are many other ones that you stole money from, Phil your crooked actions are about to catch up to you...
See what experience other people had with you from yelp: yelp.com/biz/iitrust-towson?osq=ii+trust
Put 3 houses under contract with iiTrust and wired them $9,500 in deposit money. The homes were sold to other investors while I had a signed contract for the properties. The owner, Phil Collector, refuses to give me my deposit back in one full payment. He would much rather make payments (installment) when he gets "d**n good and ready." as he likes to say. He's had my money for over a year now. What has he been doing with it for so long? Do not fall victim to this fraud.
And another one from yelp:
Buyer beware! This company and it's owner have some highly questionable and very concerning practices that are scam natured in origin. I found a few properties that I was interested in purchasing. However, like all good sales people. It all sounds good until you start digging and asking common sense questions. I was interesting in purchasing property, but upon communication Phil stated that he would send me the contract and that I should "wire" him the money first. I found this odd since you always put money into an escrow with a title company and then after making sure nothing is wrong with the title, you go to settlement and then funds are released to the seller.
Phil
Baltimore,Maryland,
United States
Response to False Report
#3REBUTTAL Owner of company
Mon, February 19, 2018
IITrust always strives to ensure our customers’ satisfaction. We regret that this client ended up dissatisfied; however, these claims are not accurate and do not reflect what occurred. We provided this client with a checklist of items they were required to complete before receiving the balance of their deposit. They did not complete this checklist, and we were unable to comply with what then, was an unreasonable and unacceptable request.
In good faith, we returned half of the client’s $4,000 deposit ($2,000), pending the completion of this checklist in a timely manner. We also referred this client to a private lender that refinanced six (6) of their properties.
We find it unfortunate that this client did not end up with the property and chose to write a false report, but we always go above and beyond on our end to provide our customers with everything they need to ensure a smooth transaction, and have for the past 40 years!!
