before you read this, if you haven't read the prequels, click here
I apologize to those of you that have been waiting for me to continue this story. To be truthful, I had to take a long break from the whole situation to get back on the right track. This whole chain of events threw me off completely. I'm back, and here's the rest of the story:
We left off with Randy questioning me about my sign in the yard of the home that he & his wife had just moved into, as tenants. His voice seemed weak, confused, and angry all at the same time. I could also tell that he didn't trust the person on the other end of the line, me. I took his phone number & told him that I would keep in touch with him to let him know what was happening. I felt really bad, as I had no answers for the questions he was asking me. Even if I knew the answers to these questions, I had no business telling him, one way or another. I don't know if that makes sense, but I'm a Realtor & not an attorney. Bottomline, these were some serious legal issues arising. Problem is, being that this was as new to me as it was to all of these people, I just did what I knew how to do best. I did what I could to help.
As soon as I hung up with Randy, my phone rang again. This time, it was a female on the other end. Another tenant. For this story, we'll call her Mrs. Buhner. Mrs. Buhner and her family had been living in their home for about 3 months. They lived in a part of Puyallup called South Hill. She said that the owner of the home, Edgar, had given her my number. It seems that he hadn't told her what was going on, only to call me. The first thing she asked me was why she should trust Edgar or myself. Again, I had no answers. I told her that I had seen the Deed, confirming that Edgar was the legal owner. I also told her that I am a licensed Realtor and have quite a bit to lose if I'm being deceptive. Regardless, she begins to tell me of all the issues she has had with the house & with Bad, LLC. It seems that the home she is renting is in a gated community, though they were never given a gate code. When the sales rep had shown them the home, they had to sit outside the gate and wait for another car to go through, so they could follow it in. GHETTO! So, for the past three months, her family has had to do the same thing. Sometimes, they would have to sit and wait for more than two hours. What's more, the dishwasher & the washing machine broke. When they called Bad, LLC to see about getting these repaired, this is what they were told: "Go ahead and replace the broken equipment, forward us the bill, and we will reimburse you." Riiight...
So, I took Mrs. Buhner's contact info and told her the same thing that I had told Randy. Then, Chris called me. Same story, different house. Then Mrs. Cora, but she had a different story, kind of. She actually lived in a home owned by Mr. Bad.
She had read a short blog post of mine asking if anybody had ever heard of Bad, LLC. Read it yourself, as you may wish to read some of the comments that some of the other victims have left.
So, she didn't know who to make her rent payment to. She also wanted me to tell her what the "heck" was going on. Once again, questions for which I had no answers. Now I officially had a "list" of people involved. Better start keeping track.
Eventually, I had four properties listed, with more coming. This may be my year, right???? Wrong, at least not because of this travesty. Regardless, I'm smack dab in the middle of a tidal wave. Over the next couple of weeks, I gather info, market properties, and learn everything I can about short sales, straw borrowers, and the ethics involved with these issues. At one point, my broker stopped me to ask me, "What are you, a private investigator?" "Huh?", was all I could respond with.
She had also informed me of some information she had learned at a class that day. Investment properties could not be sold as short sales. She also stated that the instructor had talked about a scenario very similar to the one I was dealing with. In fact, she actually thought that the instructor was talking about "my scenario". She wasn't. I asked for the phone # of the instructor, called her, and changed the direction I was moving immediately. We'll call the instructor Mrs. Piniella. Mrs. Piniella listened to my story and gave me one bit of advice. Disconnect my name from everything going on with these properties, and RUN! RUN! RUN!
I took her advice and RAN! RAN! RAN!
The only involvement I find myself in now is an occasional hit on my blog, usually another victim of Bad, LLC.
Oh, as far as ALL of the victims that I had already been speaking with: I called all of them immediately upon taking my name out of the middle and set up a one-time meeting at my office. At the meeting, which only two of the tenants found time to attend, I had some info on what to do next, who to contact to report all of this, and told them that this was my final act. I let them know that I am interested in the outcome, but can do them no good by keeping myself in the middle of it all. My hope was that they knew I did all I could and could do no more.
The End!