• Report: #578118

Complaint Review: American Homeowner Preservation LLC

  • Submitted: Thu, March 04, 2010
  • Updated: Fri, March 05, 2010

  • Reported By: capstone — Lexington Kentucky United States of America
American Homeowner Preservation LLC
7162 Reading Road, Suite 608 Internet United States of America

American Homeowner Preservation LLC Jorge Newbery Non Payment Internet

*REBUTTAL Individual responds: Response to Capstone Title

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Jorge Newbery placed 5 rush title and escrow closing orders with my agency.  We rushed the orders through as requested and then Jorge and AHP never paid us for the services.

This report was posted on Ripoff Report on 03/04/2010 02:04 PM and is a permanent record located here: http://www.ripoffreport.com/r/American-Homeowner-Preservation-LLC/internet/American-Homeowner-Preservation-LLC-Jorge-Newbery-Non-Payment-Internet-578118. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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#1 REBUTTAL Individual responds

Response to Capstone Title

AUTHOR: Jorge Newbery - (United States of America)

Capstone Title is billing American Homeowner Preservation for title orders which were never requested. We had already obtained title commitments from Netco Title and these were furnished to Capstone when we asked Capstone to close the acquisition of five AHP homes by one of our investors. We asked Capstone to utilize the Netco title commitments, and reimburse Netco for their cost. Unfortunately, this investor was unable to secure the financing he expected and the closings did not occur.


Nevertheless, Capstone is now requesting that American Homeowner Preservation pay them for the title commitments which were never ordered, received or utilized.


American Homeowner Preservation offers a novel foreclosure prevention solution which offers families at risk of foreclosure the ability to stay in their homes with affordable lease payments and favorable options to repurchase. AHP closings have been successfully handled by Netco Title, Grandview Title, Title First and others, all of whom have been paid as agreed for their services.


 

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