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Businiess name:
Crown Realty & Management Corp
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Review by:
citysearch c.
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Review content:
DO YOUR RESEARCH ON CROWN. GOOGLE 'CROWN REALTY MANAGEMENT COMPLAINTS'. I'VE BEEN CONTACTED BY 4 SINGLE PARENTS WHO'VE BEEN RUINED BY THEM (WITH UP TO $64K IN MONEY THEY DON'T OWE ON THEIR CREDIT REPORTS). WHEN YOU INCLUDE ME, THAT MAKES 5 SINGLE PARENTS. WE ALL HAVE DOCUMENTATION. I came into this opportunity.....to lease a home. I explained to the sales rep that I was having some problems deciding on a home and wanted to lease with option to buy due to being to find the amenities I wanted in a home. I was required to put down $2000 earnest money, which the rep explained I would lose if I decided not to purchase the home. She also explained that although I was not sure I was going to purchase the home, there was a separate purchase agreement that I would need to sign. I was hesitant because I told her I wasn't sure if I wanted to buy the home and I work in sales and know how companies can mislead you. She reassured me that if I didn't want to purchase the home, I would lose the $2000 only. She stated that I had 2 years to purchase the home at the price stated in the agreement and then there was an extended period of up to an additional 5 years. I am not well-versed in the real estate industry. I don't know what the formalities are in this industry. The way she explained the reasoning for me signing two agreements made sense. I casually called into Crown Mgmtfor another issue today. When I mentioned that I would not be purchasing the home, the receptionist deferred me to speak the property mgr, Jamie. When I called in about 3 months ago, another property mgr advised me that if I broke my rental agreement, I would have to pay a 7% sales comm and other fees if I did not purchase the home. This was not in the agreement I signed. I was mislead.
Pros: THEY MAKE IT EASY FOR YOU TO GET INTO A HOME
Cons: THEY MISLEAD YOU AND RUIN YOUR CREDIT
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