Report: #728942

Complaint Review: KMS PROPERY MANAGMENT,Stephanie and Mark Handy

  • Submitted: Fri, May 13, 2011
  • Updated: Wed, January 16, 2013
  • Reported By: JOY — ITHACA Michigan United States of America
  • KMS PROPERY MANAGMENT,Stephanie and Mark Handy
    po box 276
    ashley, Michigan
    United States of America
  • Phone: 989-862-4124
  • Web:
  • Category: Loans

KMS PROPERY MANAGMENT,Stephanie and Mark Handy FAMILY COULD LOSE HOME ashley, Michigan

*Author of original report: kms property managment still selling homes

*Consumer Comment: Fellow Victims of KMS Property Management

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Kms property managment is selling homes on land contract terms and not making the payments to the bank.
On jan 13/2010 we purchased a home from KMS properties , stephanie and mark handy,
 we gave them a down payment on 10000.00 and 6000.00 for advance payments.The total of the cashers check was 16000.00. On Jan 2011 I stated making my Monthly house payments as agreed apon
my payments were made on time every month.On May 6th 2011 I received a letter from commercial bank informing me   that the property at this address was in default for the loan.
this was the first time I knew anything about a loan ,we were led to beleive mark and stephanie owned the property.
while talking with the bank he explained that yes KMS was in default on the loan they have out on the home.The letter i received said there had not been a payment on the loan in 273 days .....what !!!!!!!
 they also explained that we were not the only ones that were involved and up to 30 properties could be involved
the bank also told me that they payed the land taxes because they were past due and we were paying the taxes to KMS.
An attorney we spoke with said that this is a buyer beware type situation.
Now we are not sure what we are going to do we have 4 kids and we are going to have to move and we have NO MONEY THEY STOLD IT FROM US !
KMS has properties up for sale RIGHT NOW ,"" upon my own investingating they stated they are showing the property and it is avalible on a land contract !

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#1 Author of original report

kms property managment still selling homes

AUTHOR: joy lash - (United States of America)

these people are still selling homes on land contracts I would like to get a list of everyone that has had a problem with this company or there affilliates please contact me joy 989 332 6499
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#2 Consumer Comment

Fellow Victims of KMS Property Management

AUTHOR: Chesaning - (United States of America)

My retired parents have been purchasing a farm from KMS Property Management, Stephanie Handy, owner, for almost 3 years now. surprising thing happened today. my parents were informed that their little dream farm has been forclosed upon.

My parents are devistated as I am for them.  The most horrible fact of this whole mess is that my parents and Ms. Handy and her family have been friends for over 40 years. I remember the day Ms. Handy was born. our father's worked together until they both retired years ago.

My thoughts and prayers are with you for your loss due to the malicious greed of Stephanie Handy and KMS Property Management.  I have filed a report of my own and will keep it updated.  I look forward to hearing how your situation goes for you.

I am a daughter who loves her parents dearly. this situation is not over.
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