Please let me know if you have! I need similar stories! I'm in the middle of trying to get SOMEONE to look into the fact that Im a victim of fraud under a rent-to-own scheme by Colorado State Business Group aka CSBG aka Core Realty. There's alot of web info about rise in mortgage & appraisal fraud & articles on how all these various politicians intend to do something about it, meanwhile, I cant get ANYone to look into my particular case. I "bought" a house from CSBG (Chris Stiebler, Andy Klein, owners) which I was to rent from them for 1 year, paying 1% of THEIR purchase price (claims paid 140k but I found out they paid 112k) which was $1400/mo. (I was to get 1/2 back for down pymnt- DIDN'T).At the end of the year I was to buy the house from CSBG for 15% above THEIR purchase price OR the appraised value, WHICHEVER WAS LESS. The appraiser THEY hired appraised at 165k. I found out @ refi later that appraisal was inflated & value @ the time was closer to 130K. I WAS SCREWED! HEEEEELLP!
2007-03-17 23:29:09 · 1 answers · asked by m_4_real 1 in Home & Garden ➔ Other - Home & Garden
Sounds like you need a lawyer. You may try the legal aid society, if things are tight. The next thing is to file a complaint with the BBB.
How about sueing the appraiser, he caused you harm by overinflating the homes value. He violated a trust by not giving an accurate appraisal of value for which he offers himself as a expert.
Do you have a copy of the papers you signed? Have a lawyer check them out..
2007-03-18 00:14:34 · answer #1 · answered by Fordman 7 · 0⤊ 0⤋