• Report: #769382

Complaint Review: Sol Investments

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  • Submitted: Thu, August 25, 2011
  • Updated: Sat, August 27, 2011

  • Reported By: Carmen — Apple Valley California United States of America
Sol Investments
8171 Inspirational Dr Alta Loma, California United States of America

Sol Investments Jose Manuel Hernandez Scammed me out of $20,000.00 In A Short Sale Alta Loma, California

*Author of original report: You wanted me to give cash not a check or money order

*REBUTTAL Owner of company: There is no proof and this is slander

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In 2007 Mr Hernandez had me under the impression he was selling me his Sister-in-Laws home in a short sale I had given him $20,000.00 down and paid him $2000.00 a month for 2 years He had me fill out papers to have home financed and he never told me home was going into foreclosure until they came and posted a note at my door that the home was going into auction I called him that day to notify him of note he said not to worry about it he was taking care of it I had invested over $15,000.00 in upgrades and decor only to find out in December 2009 that house was auctioned off and even after that Mr Hernandez knew home was lost he still came that November to collect the mortgage even after I lost my home all I asked from Mr Hernandez was to give me my down payment back I called him and he wouldn't pick up my calls I left him messages and no return call so I contacted The Department of Real Estate and informed them and sent all my payments my copies and papers given to me by Mr Hernandez of his scam as far as I know he is being investigated by DRE and all I asked and deserved was my down payment don't ever do a short sale with this person

This report was posted on Ripoff Report on 08/25/2011 07:37 PM and is a permanent record located here: http://www.ripoffreport.com/r/Sol-Investments/Alta-Loma-California-91701/Sol-Investments-Jose-Manuel-Hernandez-Scammed-me-out-of-2000000-In-A-Short-Sale-Alta-Lo-769382. 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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REBUTTALS & REPLIES:
1Author 0Consumer 1Employee/Owner
Updates & Rebuttals

#1 Author of original report

You wanted me to give cash not a check or money order

AUTHOR: TrckGrl - (USA)

I gave cash as a down payment to your friend Geraldo Ortega who in turn gave it to you I did request many times for you to give me a receipt of my money down and to no avail did you ever give it to me I do have copies of the checks you cashed and on the memo line I wrote on it with the words saying (Down payment of $20,000.00 and the number of payments I had made) why would you cash a check with that written on there you could have told me I cant take this check with that on the memo line you could have asked me to make out another check But you didn't and that was my only receipt so by you taking the check with those words written on check you accepted it as it was ok you say you have been in business for 10 years without any wrong doing But you did do me wrong if I was so called renting the home why would I be responsible for all repairs done to home any upgrades done and above all Pay $2,000.00 a month on a home if I wasn't purchasing or was under the impression of buying home I could have went and bought a home elsewhere with all that money I had invested into this home I trusted in your word and in you because You were into real estate You had to have known home was going into foreclosure many months ahead and you never informed me not once did you mention it as a Real Estate agent or as an honest person you should have informed me that home was going to be taken away But you didn't you kept picking up payments and assured me everything was ok I had the drive way paved with more cement I have receipts for the upgrades done to home when you came and picked up mortgage payments you saw all the work being done to
home and you just told me the home was looking nice with all the money I had put into home and payments I made plus money down why would I throw so much money into a rental when the economy was rough You even gave me the property tax papers so I can pay the property taxes on home and insurance on it WHY would you ask me to pay that if I was just a renter WHY? I have those papers you gave me and I didn't get them in the mail
you handed them to me with your sister-in-laws address on them not my home address You can say I am slandering you and in turn I can say the same all I am requesting is for my down payment back not all the money I lost in the home its the least you can do Mr Hernandez after dealing with this for almost 2 years was this the only way you could respond to me Because you sure didn't after the home was auctioned off I have the calls I
made to you when the first note was posted on door that was on 10-12-09 I called you and you told me not to worry it was being taken care of and even you knowing home had went into foreclosure you still came in November to collect payment if you were such an honest person the least you could have done was informed me of these pending actions I never wanted it to get this far But after 2 years of trying to get a response from you it has come down to this
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#2 REBUTTAL Owner of company

There is no proof and this is slander

AUTHOR: JH - (United States of America)

 Sol Investments is a highly respected company. We have been in business over 10 years and have never had a problem. In all this time this is the first time we were audited because of this person's false accusations. The DRE did not find the person's story believable and so there were no charges filed against our company. This lady does not have any proof that the house was being sold to her or that she gave Manuel Hernandez $20,000 because this transaction never occurred. This person was renting the property and not buying the property. It is unfortunate that it is so easy for people to accuse others of wrong doing without any proof. Where is the copy of the check for $20,000? If it was deposited then the person who gave the check can easily get a copy from the bank showing that it was deposited and to the person it was deposited to. 
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