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Ripoff Report | American Elite Homes Inc. Review - Nationwide
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Report: #63581

Complaint Review: American Elite Homes Inc. - Nationwide

  • Submitted:
  • Updated:
  • Reported By: Lilburn Georgia
  • Author Not Confirmed What's this?
  • Why?
  • American Elite Homes Inc. 300 North Cannon Blvd. Kannapolis, NC. 28082 Nationwide U.S.A.

American Elite Homes Inc. ripoff dishonest business practices deceptive company Kannapolis North Carolina

*Consumer Comment: Me Too

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$5,000.00 downpayment on a house kit demanded up front before you even decide on which house kit you will be building. No disclosure that if you didn't order the kit within 5 weeks, your downpayment would be forfeited or as their sales manager Mike Pinkerton said "We'll use it to pay our light bill" They also indicate that another $5,000.00 would be needed to reinstate our order eligibility. Fat chance.

Robert
Lilburn, Georgia
U.S.A.

This report was posted on Ripoff Report on 07/14/2003 10:48 AM and is a permanent record located here: https://www.ripoffreport.com/reports/american-elite-homes-inc/nationwide/american-elite-homes-inc-ripoff-dishonest-business-practices-deceptive-company-kannapolis-63581. 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 Consumer Comment

Me Too

AUTHOR: Otto - (U.S.A.)

POSTED: Tuesday, August 08, 2006

I also went to North Carolina in July of 2004. I met with Mike Pinkerton. He showed me 10 or 12 houses in all price ranges. He answered many questons I had. He showed me all their contracts, they all said if If I bought a house and made a $5,ooo deposit the balance woild be due in 90 days.

I paid my deposit they gave me a bunch of free books and litature etc. I got a free set of blueprints for the house me and my wife wanted. I went home got all my construction cost together. I ordered the house the way we wanted it. I got a construction loan and they sent American Elite a letter of credit for me. They gave me a delivery date,I got the house as ordered, my contractor was very impressed with the quality it only took 7 hours to put up the house.

We were all impressed. I ended up with $86,800 in my house and it appraised for $125,000 which gave me a good profit. We still live in it today. I have since ordered 2 more small houses for resale and make about $30,000 prifit on each. The company seems OK to me?? They have everything in writing and I can read OK. I will probally order a few more of the interest rates do not go up too much. Thanks Otto

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