HOUSTON — Harris County is taking criminal motion in opposition to a Houston name corporate accused of defrauding a lot of homebuyers in actual property transactions.
County Attorney Christian Menefee has published that Patriot Title has been attractive in fraudulent actions concentrated on homebuyers for a number of years.
Menefee shared that the corporate has already confronted greater than 20 proceedings during the last decade.
“Patriot Title has consistently misled and deceived individuals,” he emphasised all through a press convention attended via a number of sufferers. “It’s time to put an end to this.”
One sufferer, Charles Kelly, declared that the corporate bought his circle of relatives’s house however by no means fulfilled their fee responsibilities, inflicting their case to linger since 2018.
“Patriot bought it from us, and we never heard back from them,” Kelly recounted. “The only news we received was that our house had been destroyed in our Acres Home neighborhood.”
Menefee identified that Patriot Title generally objectives prone people, particularly the aged or consumers who can not find the money for criminal illustration.
“The process of buying a home is one of the most significant decisions a family makes. We cannot allow companies to exploit people during this process, leaving them without the home they intended to buy and losing thousands of dollars,” asserted Menefee.
The allegations in opposition to Patriot Title come with:
- Accepting escrow finances from a purchaser all through an actual property transaction and unlawfully refusing to unencumber the ones finances to the vendor
- Acting because the name corporate in an actual property transaction involving a cast deed
- Knowingly promoting assets the corporate does now not personal to an unsuspecting purchaser
- Failing to divulge the corporate’s pastime in the true property transaction
The county urges someone who believes they have got fallen sufferer to achieve out and file their studies.
Harris County citizens who’ve skilled false, deceptive, or misleading industry practices via Patriot Title or Rachel Luna’s escrow and name carrier industry in reference to an actual property transaction can seek advice from cao.harriscountytx.org or e mail [email protected].
“I hope all the other people who have suffered due to this company come forward and support us so that we can find a resolution,” Kelly expressed.
We contacted the Better Business Bureau for additional information, and so they showed that Patriot Title is unaccredited and holds an F rating.
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