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Report: #371041

Complaint Review: RThomesearch.com Real Time Home Search Aka Rt Home Search - Santa Monica California

  • Submitted:
  • Updated:
  • Reported By: Simi VAlley California
  • Author Confirmed What's this?
  • Why?
  • RThomesearch.com Real Time Home Search Aka Rt Home Search 11833 Mississippi Avenue, Suite 200 Los Angeles, California 90025 Santa Monica, California U.S.A.

RThomesearch.com Real Time Home Search Aka Rt Home Search Rthomesearch FRAUD FRAUD FRAUD - Illegal Access to bank account Stole 396.00 in two days Santa Monica California

*UPDATE EX-employee responds: former employee confirms

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PLEASE DON'T BE SWINDLED!!!! I am educated, mature and a small buisness owner. this didn't save me from this company. I answered an ad on Craig's list from a desperate sounding woman who needed to save her credit by transferring her mortgage on a lovely home in the area I was looking to buy.

When I contacted the 1-800 number, . I stated the property I was inquiring about, and was told that the property, and many others were currently in default, and I could pay 198.00 to an escrow account for title search, and inspection.

I was then given a spiel about this program's government connections. Furthermore, I was told that the website addressed would be e-mailed to me, and I could begin the process of applying for this home, or choosing another home in the same area - with the same status of default. In addition, I was told that there was no credit necessary. I told KC on the phone - right then - that if something sounded too good to be true - it must be. I am credit worthy, and was interested in the home because I liked the photo and was familiar with the location.

I did not accept the proposal immediately. I discussed the proposition with my spouse, and we agreed that since the money went into an escrow account - we were not wasting 198.00 for something that we couldn't complete a transaction for. When I got home from the office, I called KC at his 'direct line' I could hear his child in the background crying. KC was very professional, and had all the right responses to my myriad of questions about the program, the website, and the legalities of taking over someone else's mortgage.

After thoroughly addressing all of my issues, I paid the 198.00 via debit card. Within 15 minutes I had a link to the website and accessed it using the auto-generated code. I fully read the disclosure statement and checked the 'I agree' box. When I opened the 'start here' section - I found listings of homes in the Houston area. Listed was the owner's name, the address, the estimated value of the home.

Nowhere in the list was the home listed on Craig's list! However, Within 20 minutes of accessing the site, I typed in the keywords, rthomesearch Scams, and wow did I get a lot of information.

I immediately called KC back - again the crying child - and told him I suspected him of fraud. KC was firm, but professional, and stated that yes, there was a credit check - he avowed emphatically on our first conversation that there wasn't - then he said that all of the complaints I found on the internet were about a company that manipulated the spelling, and were, actually, a copy cat company. He reiterated that the 198.00 was placed in an escrow account, that I was GUARANTEED to get into a home, and that if in one year, I had not moved into one, my 198.00 would be refunded. I realized that I would make no headway with KC, and politely ended our conversation.

. I immediately called Bank of America and filed a claim, blocked my debit card, and gave all the company information I have to them.

I still have to wait for the monies to be withdrawn before the fraud department at the bank can help me rectify this situation - until then, I am out of 396.00 and angry as they come.

ANYONE WHO READS THIS....DON'T BE SCAMMED BY THIS COMPANY. UNDER NO CIRCUMSTANCES SHOULD YOU GIVE THEM ACCESS TO YOUR MONEY....THEY WILL ILLEGALLY ACCESS YOUR ACCOUNT AND WITHDRAW FUNDS!!!!

Neverpayretailronda
Simi VAlley, California
U.S.A.

This report was posted on Ripoff Report on 09/08/2008 08:06 PM and is a permanent record located here: https://www.ripoffreport.com/reports/rthomesearchcom-real-time-home-search-aka-rt-home-search/santa-monica-california-90025/rthomesearchcom-real-time-home-search-aka-rt-home-search-rthomesearch-fraud-fraud-fraud-371041. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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#1 UPDATE EX-employee responds

former employee confirms

AUTHOR: Max Waters - (U.S.A.)

POSTED: Tuesday, November 11, 2008

It happens just like that.

Dozens of adds are posted on craigslist nationally featuring random cut and paste photos taken from various real estate websites. It's nothing short of a brilliant business model as the phone does not stop ringing.

Although their 'offices' are located in Santa Barbara, Ca, the company name changes approx. bi-weekly (aka: orangefuture, homesgreenlight, nodresearch, zingo, etc) and most of the reps are scattered throughout the area on company provided cell phones. I worked out of a local cafe.

The sale is easy. People are desparate. They think numerous insightful questions make a difference. Remember, a telemarketer has the same conversation for a living. There are no new questions. A skilled phone pro can hear you thinking and beat you to your own point. In fact most callers don't buy at the first inquiry.

They'll do research, talk to a spouse, and are generally placated by the 'escrow account' line. Then they call the cell phone and part with $198 happily of which $50 goes into the reps pocket. Not bad $ sitting at a coffee shop sipping lattes and nibbling pastry.

Buyer beware and never-respond-to-an-800-number-on-craigslist.

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