|Shears Enterprises, LLC Dwayne Shears I was misled into signing over the deed to my financed house. The property is now in foreclosure and thre is not |
|13th of Nov, 2011 by User316305 |
|Based on my limited knowledge of contractual laws dealing with deeds to property I was misled into signing over the deed to my financed house. The property is now in foreclosure due to nonpayment even though the renter is making timely payments to the deed owner. The deed owner was a trusted and respected business man as well as a personal friend. Even though one could argue I legally signed over the deed I did so due to my lack of knowledge and my trust in a friend. Since the threat of foreclosure, I have begged for the return of the deed so I can fulfill the obligation to the mortgage company as well as salvage my credit. This is the second of three properties that he manages and holds the deed to that has threatened foreclosure. The first property he mishandled was left unlocked without my knowledge. He did so in order to show the property without being physically there. During this time the house was vandalized with over $11,000 dollars in damages/repairs. After the vandalism he decided to have no more interest in the house. I offered to take the property back and asked him to claim the damages on the rental insurance policy. He refused to claim the damages, make proper repairs or bring the mortgage current. In order to save my credit and not foreclose to the bank I made all necessary repairs out of pocket. We discussed all properties at that time and he would only agree to deed back the 1 damaged property. He then ensured me that the two reaming properties would be maintained and kept current neither which has happened. While I realized there may be no legal recourse for his actions I do not want anyone else to fall victim to his schemes.|
|Hello, You can use alabama trial court system to search Dwayne Shears. I dont know if its the same dwayne, but I dont know many people with a name spelled like that in Alabama. |
Also, if you search the jefferson country tax assesor records, you can see he has over 40 deeds in his name.
According to the contract... he states that he will make payments... so.. under that, he should be obligated to pay... There could be some sort of legal recourse for that.
Also, if you a loan, you are required to have homeowners insurance... shouldnt you have had your own insurance with his name on it also?
Looks like other people have been caught in his scams:
Shears Enterprises; dba: Quitpayingrentalabama.com - Bait & Switch for $1, 800.00 on 10/15/2010
0 users finds this report useful.upI was given a number to find a home in Alabama. A friend told me there was a house "For Lease" in Fairfield, Alabama. I contacted the company, signed all the forms, sent the designated payments in and when I arrived in Alabama, the property was leased to someone else.
The Company or owner refused to return my money, saying that he does not return funds since I was not a resident of Alabama.
Submitted by grant873 on Oct 27th, 2011
|This person needs to be stopped.|
|Please stay away from this scam artist. Check out the report for Dwayne Shears on Ripoff report.com, it sais it all. Also, his wife is in it with him, they need to be stopped. Her dad is an attorney, a Phil Gable, please do not go to any of these people. Also check Scam reports, he rips off people from out of state. Please someone help to stop this man, he preys on people in trouble, and his wife and her Dad help him all the way. Her Dad is an attorney in Birmingham, AL, Please stay away from all of them.|
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