Saturday, February 21, 2009

Chris Campbell, AFG Holdings, & Loomis Wealth Solutions….

I have recently been taken for a lot of money and have been put through an extremem amount of stress in the past few months.  I live in Bakersfield, California.  Chris Campbell was the person in charge of renting properties for Loomis Wealth Solutions.  I signed a contract which he called a “Real estate contract for deed”. Which he explained to me that basically I would be “renting/leasing” the home for 3 years.  This would give me time to raise my credit score and save enough for down payment, closing costs etc. when I was ready to purchase the home.  Sounds great, right? Wrong!  He charged me 1% down and first months rent prior to moving in, which was $2400 + $1550.  I paid and moved in.  Then mysteriously he quits this Loomis Wealth company and they return all but $1000 of my cashiers checks.  So they have no record of this $1000.  So I have to repay it to stay in the home.  So now I have to re-issue the checks to this other company who apperently is now taking over for Chris Campbell.  Fine.  So I do.  Then after about 1 month the checks haven’t cleared my account, so I call the AFG Holdings company (the company taking over for Chris Campbell).  They are under an IRS investigation and all of their accounts have been frozen until further notice.  And then I wasn’t supposed to give them any money I was supposed to go directly to the owner now.  They deposited my checks right before their accounts were seized by the IRS.  They are unable to return my money now.  So at this point I am out about $4950.00.  I haven’t even lived here for a month.  So next I contact the owners of the property with which I am supposed to have a contract with still.  They inform me that they never had received any such contract and that they never have received any money from the third party company whom they paid for this service.  And another twist is that the company hasn’t been paying the mortgage either with the money that I had sent them.  So now the owners are facing foreclosure.  They want me to buy the house now so that they don’t have a foreclosure on their record.  I try to qualify and am denied.  I fix my credit up a bit, by the advice of the mortgage consultant and check back in a couple of months and still get denied.  So now, we are stuck in this house which at any time we could get a notice on our door to be out in 30 days and I can’t contact the owners anymore, just their realtor, and he doesn’t even know the whole story.

I strongly suggest that if you were to encounter Chris Campbell, or his “company” National Owners Finance Alliance.  The office number is (425)3
08-4621, by the way.  Or if you were considering doing business with Loomis Wealth Solutions or AFG Holdings Management, run...run the other way as fast as you can.  They just cause stress and loss of finances and a lot of unanswered questions.