Econohomes

Econohomes Taken to the cleaners, Internet

11th of Jun, 2011 by User174530

I purchased a house from Econo homes about a 7 months ago. The place was a fair deal but they did not record their deed for 6 months. Therefore no one recognized me as the owner. Tried to negitiate with the HOA- can't do it if you dont own it, try to get a permit cant do work on the property if you dont own it. Long story short, the HOA started legal proceedings to get the property around the 4th month in, 2 weeks prior to the sale date Econo finally recorded their deed, i recorded my deed shortly their after and avoided a toal loss (i only lost 40K) . 80 percent of Econo's deals have an hoa, and from talking to other investors they DO NOT record there deeds in timley fashion at all. Only buy from them is they can provide you with a deed at closing- THATS ALL.

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4698 days ago by Econohomes

Econohomes has reviewed the details of this complaint. We keep detailed records of all sales transactions and have no record of a sale from this time period with these issues or concerns. If you are viewing this page and have questions about our process, please call us directly at 1-800-779-7150, or visit our website at www.econohomes.com. You can also find answers to questions about our buying process on our How to Buy page, or find answers to commonly asked questions on our FAQ page.

We encourage the customer who posted this response to reach out to us directly, or share specific details such as the address or location so we can better assist you.