Clear the Way Inc melissa shea melissa gagliano LIEREIA Scam My family was scammed with mortgage fraud and deceptive and predatory lending middle island New York

 If all of these said facts were indeed true I would not have been able to close on a house with a real mortgage company and a real contract in literally 30 days after getting out of this rental scam. It's sad people think they can twist the situation for their own financial benefit. Luckily I was prepared. And did have everything indeed ready to get a mortgage. From a real mortgage company Buyers beware

  I only saw this complaint today so I apologize for a delayed response. The tenant in question failed to mention that we were selling with seller fianancing which required 20% down and we would assist improving his credit which at the time was below 620 which is required for a bank loan. He needed a jumbo loan as the price of the home was $499k. He needed to more in a week so we agreed to sign a one year lease as well as a purchase contract so he had the option to close anytime within the year.

At the time of signing the purchase and sale agreement, he showed proof of the $100k needed to close. He also gave non refundable deposit of $8,000 (two months market rent) since he and his family moved into the home prior to closing and we took the home off the market for other potential buyers. Two months later he no longer had the 20% for the down payment and we found out that he hadn't paid his federal or state states for 2 years. We agreed to sell him the property with $50k and he pay his taxes. Additionally we agreed to continue to rent to him for one year so that he had time to pay the taxes.

He didn't pay the taxes in full and acquired two more judgments. He failed to pay rent for 3 months and had 2 police calls for domestic violence. Thus he was evicted and has a judgement for the past rent owed to us. He mentioned he lost $60,000 (actually it was $48,000 since he didn't pay rent for 3 months) as already explained that was the rent payments and non refundable deposit. I am unaware of anyone who rents a house to an entire family for free. It is unreasonable to think that he should not have to pay any money for living in a home for over a year.

As for his comment about the investors also being students I fail to see any relevance. It only means the investors were educated investors one of them was my husband and all lost money because of the claimants actions. As for his comments about the mortgage lender, he was unhappy because they wouldn't do his loan until both state and federal taxes were paid in full which is only logical given the fact tax liens take priority over a mortgage lien. Our company has successfully helped tenants become homeowners but as you can see he was beyond help. We did however get his credit score up 100 points.