Destruction of Lives, Deceit,Forgery ,Stealing are the product of DeMarco REI.
AKA :Anthony DeMarco,Biana, Christian,Clay Rives,Eric Havkin,Buzz Wagenseller ,Garden State Land & Title Company.
The above named are accomplices of a major Foreclosure Scam that occurred in New Jersey & Pennsylvania over a 2 to 3 year period.
The victims "Individuals facing Financial distress due to death in family,loss of job ,illness.They are not the only ones that were deceived by these crooks,Demarco even deceived their own employees and shafted buyers who were trying to help individuals out of foreclosure!!!
The resuls have created a" Domino Effect" individuals have lost their equity,their homes are now in foreclosure and DeMarco REI has closed its doors!!!!
What is going to happen to us? Ms Gonzales a victim of thyroid cancer,Kim & David facing financial hardship,Angel & Mark Sullivan who lost their jobs and also lost a parent.Mr.Paolucci who extended his credit only to be scammed by Anthony DeMarco.
There are many others who were undergoing hardships ,at our most vulnerable time ,we believed and we were taken advantage of.I am sure many will say why did we sign? The answer is we wanted to hold on to our dreams,our lives and our homes.
DeMarco and his accomplices made everything sound so inviting,our credit would be repaired,our equity would be set aside,in a years time we would be refinanced at a low rate ,we would be Homeowners again.
The closing for many of Demarcos' Clients occured at Garden State Land & Title,at the closing everything has changed !!!
This is the scenario that takes place: you ask why the figures & or agreement has changed, Christian the associate/notary at Garden State connects you to DeMarco and the manager advises you not to worry,these are only numbers to make it work,you will be compensated,do not worry,you are now out of forecloure.A yellow sticker will not be placed on your door!!
Unfortunately there is no happy ending,our homes are sold to straw buyers,our rent/mortgage in some cases doubles,the reserves are not allowed to be used.The cashout is not equal to the rent you are charged and than the straw buyer stops paying the mortgage and the home is now in Foreclosure.
This is the predicament most of us are in now.There is a Bailout for banks and Gmac.Will there be help for individuals who have been scammed by comapnies such as DeMarco REI & his accomplices?
What happened to our equity? Why can't these SCAMMERS GIVE US BACK OUR equity so we can REFINANCE and be Homeowners again?
We should get a refinance now,with a cashout. We can use the cashout to start paying a mortgage again.This is what we were promised. Demarco received rent and kept our equity.
Mr. DeMarco I am asking on behalf of all of us,Please give us our equity back,so we can strat paying a mortgage again. It is our equity you promised in 1 year we could refinace and get back our equity and what about our reserves.
I now want to extend my sincere thanks To Mr.Ed Magedson and all the associates at Ripoff report who have made it possible for me to be heard,Anyone reading this please be aware If you are on the verge of Foreclosure "Watch who you deal with and Be very careful.
Once again I am hoping for some kind of restitution for myself and all the individuals who were deceived by this crooked corrupt company.