- Report: #954156
Report - Rebuttal - Arbitrate
Complaint Review: The Nick Vertucci Companies / Innovative Holdings Group / Nick Vertucci / NV Companies | Ripoff Report Verified™ …businesses you can trust. Nick Vertucci Companies, Inc. brings solutions to the challenges that come with investing in bank owned foreclosures. By overseeing the entire project every step of the way, Nick Vertucci Companies simplifies the process of succeeding in Real Estate investment
Innovative Holdings Group, LLC1015 E. Chapman Ave., Orange, CA 92866 Orange, CA, California United States of America
Nick Vertucci REVIEW: Customer Satisfaction Commitment: NICK VERTUCCI committed to customer satisfaction, Nick Vertucci has proven and implemented strategic changes to insure clients success, focusing on finding ways to help clients search for new opportunities effectively even in the sort of challenging market we face today.
*UPDATE: Recognized by Ripoff Report Corporate Advocacy Program as a safe business service – NICK VERTUCCI pledges to always resolve any issues, feel safe, confident & secure when doing business with NICK VERTUCCI, Ripoff Report Verified™ as a safe business service.
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EDitor’s UPDATE: Positive rating and recognition has been given to Nick Vertucci Companies/NV Companies/IHG/Nick Vertucci/Innovative Holdings Group for its commitment to excellence in customer service.
Ripoff Report’s discussions with Nick Vertucci Companies/NV Companies/IHG/Nick Vertucci/Innovative Holdings Group have uncovered an ongoing commitment by the company to total client satisfaction. This means that clients can expect that the company will work towards finding a mutually satisfactory resolution to any complaints or concerns. Nick Vertucci Companies/NV Companies/IHG/Nick Vertucci/Innovative Holdings Group listens carefully to client concerns and sees them as an opportunity to learn from past mistakes and become more efficient as a company in the services offered and the support for those services.
The information provided in this report is based on comments made Jamie Tomlinson during an on-site inspection held by a third party verification company with no biases toward Nick Vertucci Companies.
Ripoff Report Verified™ .. part of Ripoff Report Corporate Advocacy Business Remediation & Customer Satisfaction Program.A program that benefits the consumer, assures them of complete satisfaction and confidence when doing business with a member business..
Nick Vertucci Companies’ vision is to help people get into cash flow properties so that they can benefit from passive income for years to come. Their goal is to educate, support, and encourage investors. Jamie Tomlinson, Vice President of Operations noted: “Our target market is very diverse, from retirees to young single and married people. We pride ourselves in being the best and always staying on top of the cash flow and flipping markets.”
The company mentioned that they acquire leads through word of mouth, their radio show, and through various educational venues. Nick Vertucci Companies mentioned that they personally ensure the end consumer is receiving the best customer care possible during their experience by asking the “right questions” at the beginning. They make sure their investors are educated and actively participating in their success. The company is standardly communicating with the investors in an ongoing basis. Tomlinson mentioned: “All of our investors know we are here for them for the long haul.”
During the course of the onsite interview, Nick Vertucci Companies stated they have little to no complaints. If there is a complaint, Nick Vertucci and Jamie Tomlinson are personally involved with every complaint.
Jamie Tomlinson described an issue regarding a time when a client was not satisfied with the level of service they received: “We had a client post on Ripoff Report and after we spoke with them. They wanted to remove the post but were unable to have it removed.” Tomlinson went on to explain: “Our staff has always had the autonomy to do what they need to do to take care of the customer. Always. Customer Service has always been top notch. We are constantly striving to make sure we are the best.”
Since the company has received complaints on Ripoff Report, they stated they continue to serve their investors at the highest level. Furthermore, they are excited to be a part of the Corporate Advocacy Business Remediation and Customer Satisfaction Program because the feel this step is necessary to build their relationship with Ripoff Report and create even more trust with their investors.
Nick Vertucci Companies/NV Companies/IHG/Nick Vertucci/Innovative Holdings Group / Statements from the owner.
"I will always ensure that my staff is trained, my investors are educated and informed, and that I personally will be involved with every aspect of the business. This I feel creates an environment of open communication, and happy, knowledgeable investors and staff."
Nick Vertucci Companies Testimonials
Nick Vertucci Companies/NV Companies/IHG/Nick Vertucci/Innovative Holdings Group employees are trained, qualified and always willing to do what they need to do to make sure that the investor has everything they need to be successful. Nick Vertucci Companies/NV Companies/IHG/Nick Vertucci/Innovative Holdings Group as a whole is the premier organization to help investors start or to grow their cash flow portfolio.
Nick Vertucci Companies/NV Companies/IHG/Nick Vertucci/Innovative Holdings Group investors feedback is always positive, as they quickly come to learn that they are a part of the family, and that investing with us will be a great experience.
Nick Vertucci Companies/NV Companies/IHG/Nick Vertucci/Innovative Holdings Group recognizes that complaints posted on Ripoff Report (whether true or not) are issues that need to be addressed, not ignored. If handled correctly, complaints can be valuable learning opportunities. With the feedback generated by Ripoff Report’s Investigation Nick Vertucci Companies/NV Companies/IHG/Nick Vertucci/Innovative Holdings Group has made organizational changes allowing its clients and employees a more streamlined approach to problem resolution and a commitment to a great client experience.
Read more about why consumers should feel confident when doing business with a member of Rip-off Report's Corporate Advocacy Business Remediation & Customer Satisfaction Program. Yes, it’s a long name for a program that does a lot for both consumers and businesses alike.
Read about Rip-off Report Corporate Advocacy Business Remediation & Customer Satisfaction Program,.. A program that benefits the consumer, assures them of complete satisfaction and confidence when doing business with a member business. this program works.
As a matter of policy, when a business becomes a member of the Corporate Advocacy Program they agree to allow Ripoff Report to contact every client who filed a complaint so they can make things right with them. In order to confirm that the complaints were resolved, Ripoff Report is copied on all responses so we can insure that the member business did right by their customer.
NOW TO THE ORIGINAL REPORT THAT WAS FILED
Innovative Holdings Group, LLC Nick Vertucci IHG and Nick Vertucci trapped me into "purchasing" two section 8 HUD properties in 2008 but which I never really owned. I paid over $8000 in consulting and other out of pocket expenses for properties Orange, CaliforniaIN 2008, I purchased through Innovative Holdings Group, LLC two HUD section 8 properties in Detroit, Michigan. IHG's process involved a "hard money" locan which turned out to be a promissory note disguised as a mortgage. Having lost by job during the 90 day period of capital improvements, I was not granted the "refinancing" mortgage required to actually "own" the properties. I was told that I was stuck with a $100,000,000 mortgage since the work was completed and yet I could not longer qualify for the mortgage.
I was out of pocket over $8,000 on these two properties which included consulting fees, title searches, and all the other expenses that needed to be paid at closing. Because of my own investigations I learned that the $100,000,000 IN MY NAME was in fact a loan on the property by a private equity firm. The principal of the firm who I had been forbidden to contact finally told me that the foreclosure would be on the properties (on IHG) and not on me personally. The capital promissory note for renovations was actually on IHG since I was told that this kind of "mortgage" follows the property. I had requested getting of the deal for several months and it turned out that I could have been removed from the contract at any time (as told to me by the private equity company holding the loan.
At his suggestion I signed over the properties (which I did not own as I thought I did) to Nick Vertucci and IHG which relieved me of the obligation of the note. However, I spent or wasted $8,000 on deceptive counsulting (IHG) and closing costs. Since I never really owned the property, I was being used by IHG to pay for their properties and the capital improvements if I had let them foreclose on me or tried to continue making payments (fortunately-I was smart enough not to pay any more money after I found out that I could not refinance the properties). I offered a negotiation with IHG at a $3500 loss to me (app. half) which they refused.
I have not filed a small claims court action but the service is proving difficult however I will pursue the case until I have been made whole again.
This report was posted on Ripoff Report on 10/12/2012 12:24 PM and is a permanent record located here: http://www.ripoffreport.com/r/Innovative-Holdings-Group-LLC/Orange-CA-California-92866/Innovative-Holdings-Group-LLC-Nick-Vertucci-IHG-and-Nick-Vertucci-trapped-me-into-purch-954156. 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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