Posted on: 22nd Feb, 2007 11:17 am
iam buying a home on a rent to own basis,the person i was doing that with went to prison! his name can be googled leonard fazio of des moines iowa.when i was making the payments to leonards people they were not making payments to the bank.the bank wants me to give them the money as a assignment of the rents,the prob i have with this is that the bank refuses to give me any kind of paper work! they just want me to send them money..is there leagle paper work the bank has to do? is there any paper work i should get?? help help please.i lived in a camper for two years before i found this house and i dont want to have to do it agine.my wife and i were just ready to start to have kids..anyone can email me about this subject also at [color=white:447718bd11].[/color:447718bd11]robwantsjunk@msn.com
I checked about Leonard Fazio and it seems he is in prison after being charged in nine fraud cases of resale of foreclosed homes with misleading documentation.
It is very unfortunate that you have contacted such a company. Nowadays it is very hard to judge which company is a fraud and who is on the right path.
It is very unfortunate that you have contacted such a company. Nowadays it is very hard to judge which company is a fraud and who is on the right path.
Welcome Robwantsjunk.
The bank will be directly dealing with the person who has given his property for rent purpose. You are supposed to get the papers from the person himself and not the bank. I think the bank is not aware that the person is in prison. If that is so, then you should inform the bank so that they can allow you to deal with it directly.
Thanks.
The bank will be directly dealing with the person who has given his property for rent purpose. You are supposed to get the papers from the person himself and not the bank. I think the bank is not aware that the person is in prison. If that is so, then you should inform the bank so that they can allow you to deal with it directly.
Thanks.
i havent been on here in a while,i moved for one thing! lol the bank did know he was in prison and this is why they came to my door.i beleave the bank is fruadlent to as they never wanted to give me any papers at all.my wife and i left i had to sell everything to get a down on another house,sign papers ect close on house before the forclosure went in on the other.i was lucky,maybe call it fruad my self,but did it before the credit came out and anything to save my butt living in a camper.come to find out after all said and done,i really dont have anything to do with it.it is between fazio and the bank,fazio has to come after me his self and i cant wait to send him back to prison! so bring it on!
Hi Robwantsjunk,
Welcome back.
If the bank knew that Leonard was in prison, then they shouldn't have stopped from giving you the paperwork. I'm not sure as to whether the bank is fraudulent but there's something fishy about this whole stuff. What I didn't understand from your post is, has the person come out of prison and is he after you for money?
Welcome back.
If the bank knew that Leonard was in prison, then they shouldn't have stopped from giving you the paperwork. I'm not sure as to whether the bank is fraudulent but there's something fishy about this whole stuff. What I didn't understand from your post is, has the person come out of prison and is he after you for money?
hes still in prison and i hope he rots there.he gets out june of 2008 lord help us all. oh if anyone wants to know the name of the bank its polk county bank of iowa.
Hi Robwantsjunk,
I can understand it's so frustrating for you. But there should be some written evidence of your payment to the bank. Otherwise who knows they might claim the money again! Talk to the bank once again, this time talk to a higher official about it and see what he has to say. However, if the bank disagrees, then you'll have to send the money without getting any statement from the bank in return.
Take Care
I can understand it's so frustrating for you. But there should be some written evidence of your payment to the bank. Otherwise who knows they might claim the money again! Talk to the bank once again, this time talk to a higher official about it and see what he has to say. However, if the bank disagrees, then you'll have to send the money without getting any statement from the bank in return.
Take Care
Rob and his wife and parents were experiencing some very difficult financial times. They were living in a camper on the back of a pick up truck. God had blessed me. I owned and operated a very successful Real Estate Company. When I met Rob and his parents I wanted to help them. I had two homes that I owned within a very short distance of each other. I was aware they had no money so I sold the two homes to Rob and his wife and parents. I allowed them to move in without paying me one cent. All they had to do was make payments to me. Both families always paid me on time. They were good people and I was happy to have been able to help them.
I did have an unfortunate incident where someone else I helped purchase a home owed me approximately $68,000.00. This person did not want to pay me the money she owed me so she created a story about me stealing her identity. Her lie was very damaging to me, my company, my family and all my employees at my Real Estate Company. And yes I was sent to a Federal Prison for a crime I absolutely did not commit. While I was away and unable to handle my own affairs the bank visited Rob and simply asked him to send his payments to them. Either Rob misunderstood what the bank was saying to him or the bank was telling my customers things that were not true in order to keep my payments coming in to them, (to this day I am not sure). But whatever happened while I was away fighting for justice, Rob destroyed the interior of this home and quit making his payments and simply walked away with no explanation to me or to the people working to protect my assets. Robs parents are still in their home and seem to be very happy. They continue to make payments to me as they agreed. So in conclusion, if what Rob claims is true, why then did his parents transaction with me work out so good and his fell apart. I have sold many homes on contract and not one time has anyone ever had a problem with my honesty. As for the incident that caused all this...I am still fighting to clear my name and someday I will get this accomplished.
I did have an unfortunate incident where someone else I helped purchase a home owed me approximately $68,000.00. This person did not want to pay me the money she owed me so she created a story about me stealing her identity. Her lie was very damaging to me, my company, my family and all my employees at my Real Estate Company. And yes I was sent to a Federal Prison for a crime I absolutely did not commit. While I was away and unable to handle my own affairs the bank visited Rob and simply asked him to send his payments to them. Either Rob misunderstood what the bank was saying to him or the bank was telling my customers things that were not true in order to keep my payments coming in to them, (to this day I am not sure). But whatever happened while I was away fighting for justice, Rob destroyed the interior of this home and quit making his payments and simply walked away with no explanation to me or to the people working to protect my assets. Robs parents are still in their home and seem to be very happy. They continue to make payments to me as they agreed. So in conclusion, if what Rob claims is true, why then did his parents transaction with me work out so good and his fell apart. I have sold many homes on contract and not one time has anyone ever had a problem with my honesty. As for the incident that caused all this...I am still fighting to clear my name and someday I will get this accomplished.
Hi Leonard,
It's unfortunate that you were sent to prison for a crime that you didn't even commit. I understand there must have been a miscommunication between Rob and the bank. Anyway, let's hope things get better for you and you're able to fight out and clear your name.
Thanks
It's unfortunate that you were sent to prison for a crime that you didn't even commit. I understand there must have been a miscommunication between Rob and the bank. Anyway, let's hope things get better for you and you're able to fight out and clear your name.
Thanks
hey leonard you need to talk to the bank or get a diffrent one.the bank wanted us out of the house asap! why did it work for my mom and dad and not for me you ask? well sir i asked you and begged you for a longer contract,my mother anf father got a 30 year and i was stuck with a 1 year in that year you went to prizon.so the bank told mary and i to come up with $100,000 or get out since our contract was up.your aunt could not be contacted and then finally got back to me the day before i was to moved and i told her then it was to late that there was nothing i could do.AND! iam sick and tired of being acused of trashing the house.you need to ask the neibor about that one.
i tried for monthes mr fazio to get a longer contract with you before you went to prizon.yeah i guess the bad feeling about it i had was true.as soon as that contract was up i was told to get out.i live in a shack on the east side now paying more then i did on the other house and this place is much smaller house and yard wise! so iam not to happy and feel i got screwed in the fazio paper work shuffle.hell i got on here when it was getting on the wire of moving out,i had no help to stay there and no contract or paper work to back it up.maybe you should talk to john ritchards and ask him how many times i called to even get a recipt for a payment..guess what,he never wanted to give me one.just like everything else...do i think leonard fazio is a good person? yes i do,but my wife and i got stuck in limbo when he had to go to prizon and we were pushed out of our home.i was asked for $100,000 leonard...i didnt have it..john ritchards was the one that pushed us out.check the the citys records at the assesor look it up.he signed the house over right away to a friend of his for like $36,000.
oh by the way also,i sent over three monthes of payments to Angela that were cashed and the bank said they never got them..thats when i got angree.so you need to talk to people before you think it was all me.
i tried for monthes mr fazio to get a longer contract with you before you went to prizon.yeah i guess the bad feeling about it i had was true.as soon as that contract was up i was told to get out.i live in a shack on the east side now paying more then i did on the other house and this place is much smaller house and yard wise! so iam not to happy and feel i got screwed in the fazio paper work shuffle.hell i got on here when it was getting on the wire of moving out,i had no help to stay there and no contract or paper work to back it up.maybe you should talk to john ritchards and ask him how many times i called to even get a recipt for a payment..guess what,he never wanted to give me one.just like everything else...do i think leonard fazio is a good person? yes i do,but my wife and i got stuck in limbo when he had to go to prizon and we were pushed out of our home.i was asked for $100,000 leonard...i didnt have it..john ritchards was the one that pushed us out.check the the citys records at the assesor look it up.he signed the house over right away to a friend of his for like $36,000.
oh by the way also,i sent over three monthes of payments to Angela that were cashed and the bank said they never got them..thats when i got angree.so you need to talk to people before you think it was all me.