Veteran battleing stateside losing fight to keep home from predatory lenders
Posted in the Utica Forum
#1 Apr 4, 2013
Jerry Borden is a Herkimer County NY Veteran. Jerry fought for our country in Iraq and he is now fighting to keep his home and land.
The Bordens have fallen victim to a predatory lending scheme which has led them to receiving a 72 hour notice today April 2, 2013 to vacate the premises and give up 5 of the 66 acres of family owned land.
Here is how their nightmare begins:
In 2008 Jerry and Melissa were searching to purchase a home to place on their family owned property approximately 66 acres. The search led them to Red Carpet Housing out of Johnstown, NY. This company boasts they offer turn-key packages including on site financing all the way to landscaping.
They decided to purchase a modular home from them to put on their land and now 5 years later after living in the house the company is evicting them. They fell victim to their scam and are seeking to expose them for what they are.
On November 19, 2008 Jerry and Melissa went to Johnstown NY to what they believed to be the closing for the house and construction loan.
Somehow on this date the company states the father-in-law, Dean Borden was present and signed a deed giving up his life use of 5 acres of land to Red Carpet.
The family knows that any signature that that they may produce of Dean has been fabricated as he was not present at this signing.
The house was delivered and assembled on the basement on January 26th 2009
It wasn't until April were they told that their loan "fell through" with the assembly of the house almost completed they were also told not to worry there was other options.
After one mortgage broker left the Bordens were introduced to another. What they did not know until recently that this "new" broker wasn't a broker at all he was a radio show broadcaster nothing more.
Not knowing this they trusted the sales person/s and this broker and sought the help of Jerry's father as a co-signer so they thought.
In 2011 the Bordens were faced with an ultimatum to vacate the home and give up their family lot or enter a rental agreement until they can secure a loan. They had to do what was right for their children and everything thing they had invested.
The "rent" was $750.00 a month Jerry was deployed to Iraq in March 2011 after he left the company felt that Melissa could pay more that he was gone and upped the "rent" to $1500.00 which they have continued to pay to date from July 2011 to now.
Jerry has since come home but this battle does not look like it will end good for them.
They have never asked for anything for free all they wanted was the truth to be told to them from the beginning. They need a reputable lender and a lawyer to stop this company from doing this to others and to make things right for the Bordens.
#2 Apr 4, 2013
Why haven't they taken this to an attorney?
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