America's First Home Goes Under

Unable to pay its debts, America's First Home LLP, a Florida-only builder, is asking a judge to let it turn all the company's assets over to a receiver, who would liquidate the company and then divvy up the ... Full Story
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Jacqueline Padilla Torres

Kissimmee, FL

#1 Jan 12, 2008
I went on vacation came back expecting to find my new home being build, instead I find no one anywhere I tried to find answeres. Now, where do I go from here. Where is my $500.00 deposit? I would like some answers. Thank you.
Monica M

Orlando, FL

#2 Jan 20, 2008
My mother is on the rent to own program in wich she gave a $5,000 down payment and pays $1,600 to Barry E Frey Realty what happens to her now is her house safe?
Dan

Port Orange, FL

#3 Jan 23, 2008
Monica M wrote:
My mother is on the rent to own program in wich she gave a $5,000 down payment and pays $1,600 to Barry E Frey Realty what happens to her now is her house safe?
You should go to the WKMG Problem Solvers with this one. I bought a home from Americas First Home in 2004 and had nothing but problems while it was being built. Some helpful info - Americas First Home is owned by the Frey Family in South Florida. There web site is http://www.freyandson.com/mwfrey.html . You can rest assured they won't return you calls but is you get enough media attention on them others will follow your lead and keep the pressure up. Good ZLuck!
Diaz

Apopka, FL

#4 Jan 23, 2008
Tambien estoy bajo el programa rent to own..y de igual manera me siento sumamente preocupada por la situacion..espero que se resuelva lo mas pronto posible, para que podamos disfrutar de todas las comodidades de la comunidad..ofrecidas cuando decidimos adquirir la propiedad...
ANON

AOL

#5 Feb 15, 2008
Dan wrote:
<quoted text>You should go to the WKMG Problem Solvers with this one. I bought a home from Americas First Home in 2004 and had nothing but problems while it was being built. Some helpful info - Americas First Home is owned by the Frey Family in South Florida. There web site is http://www.freyandson.com/mwfrey.html . You can rest assured they won't return you calls but is you get enough media attention on them others will follow your lead and keep the pressure up. Good ZLuck!
how can you owe 3 banks millions and just walk away? seems criminal.....someone needs to investigate this guy
Neftali

Apopka, FL

#6 Feb 19, 2008
I guess were not alone in this. My wife and I are in a rent to own program with AFH here in Kissimmee, Fl. Now we're having problems with the house and no one in the warranty department answers our calls. That is,if it still exists. Someone finaly answered and told us they would contact us, yeah right. I'm still waiting. We are worried on what will happen to us if the investor goes under along with AFH. Where is our money going? If anyone has an answer please post it.
mcfly

Lady Lake, FL

#7 Feb 25, 2008
Call Shane Smith at AFH he is the only one left. He would love to help.
Neftali wrote:
I guess were not alone in this. My wife and I are in a rent to own program with AFH here in Kissimmee, Fl. Now we're having problems with the house and no one in the warranty department answers our calls. That is,if it still exists. Someone finaly answered and told us they would contact us, yeah right. I'm still waiting. We are worried on what will happen to us if the investor goes under along with AFH. Where is our money going? If anyone has an answer please post it.
ANON

AOL

#8 Feb 29, 2008
Try Frey & Son luxury home builders, or Remodeling Solutions by Frey, in Bonita Springs, Fl. Same owner as AFH (Barry Frey). Those two businesses are still operating.
Tracy

AOL

#9 Mar 7, 2008
Just forget it. This house is falling apart and guess what no warranty. And believe me I have tried over and over again. I'm stuck with this. The septic backs up whenever it wants because now we are being told it's not in correctly. The light sockets blow if you plug the can opener into it. There are too many things to mention. And guess what I'm footing the bill because these people have ran and they are no where to be found.
Neftali

Kissimmee, FL

#10 Mar 8, 2008
mcfly wrote:
Call Shane Smith at AFH he is the only one left. He would love to help.<quoted text>
I called the number for them and they finally called back after about a week. The investor contacted me and said he would back the contract originally made by AFH, but said that we would not have the three year warranty as promuised by them. Neither is the sub-division geting cleaned up. The green- areas( parks, walk paths etc.) are not beeing kept at all. The reason we decided to invest in the rent to own program here was because we were told this place was going to be a really nice place to live. Where is all the money that is being paid for HOA going? People are moving out and this place is starting to look deserted. Hopefully we can work something out with the investor if not I don't know what to do.
anonymous

Gastonia, NC

#11 Mar 10, 2008
Just for everyone's information. America's First Home has went bankrupt. ALL employees were laid off including the president of the company. The only hope you have is to get in contact with Bill and/or Barry Frey. They are the owners of America's First Home as well as about 6 other companies (mostly in the Bonita Springs area). Bill is the father and Barry is his son. If enough people keep calling their office and leaving voice mails, they'll eventually get fed up with "the situation" and do something about it...at least I would hope. Good luck!
Sandra

Orlando, FL

#12 Mar 16, 2008
Well I continued to call Barry and Bill and guess what I was told by some lady that worked there that I was out of luck. There was nothing they were going to do about the warranty or anything else. They said the money is simply not there. I am stuck with a brand new house that is falling apart and not under warranty anymore. On a fixed income there is nothing I can do. I feel that this company has gotten away with just doing people any way they want. I strongly recommend no one does business with this company. And oh yea the lady said off the record "your screwed, as the home owner with this company".
ANON

AOL

#13 Mar 18, 2008
they were greedy builders raking in tons of money and then walked away with millions and left the banks without personal guarantees. now the banks have to try and sell the inventory. good luck. they still own other companies and are still raking in money, living large and laughing at what they got away with. greed is ugly.
MiMi

Saint Petersburg, FL

#14 Mar 22, 2008
If you are on the Rent-To-Own program for Americas First Homes, the homes are managed through Investment Brokers of Southwest Florida, NOT America's First Homes http://www.investmentbrokers.com/

I dont believe AFH is part of Investment Brokers. And if the deed holder-investor defaults on the morgage, Investment Brokers purchases the home and continues with the original rent-to-own agreement.
LST

Richmond Hill, GA

#15 Mar 25, 2008
My parents purchased a home in Groveland and it was supposed to be a very nice community (Cherry Lake Estates) through AFH. Since the company has filed bankruptcy, the HOA contract with Century Management has not been renewed. The community is starting to look terrible and we just started Spring. When the rains come, I'm sure it will be much worse. Since, AFH is no longer taking responsibilty. Can the homeowners in any of these forgotten communities get togther and form their own HOA and hire there own vendors for services? Can they step up and do something?
Bung Hole

Fort Myers, FL

#16 Mar 26, 2008
Neftali wrote:
<quoted text> I called the number for them and they finally called back after about a week. The investor contacted me and said he would back the contract originally made by AFH, but said that we would not have the three year warranty as promuised by them. Neither is the sub-division geting cleaned up. The green- areas( parks, walk paths etc.) are not beeing kept at all. The reason we decided to invest in the rent to own program here was because we were told this place was going to be a really nice place to live. Where is all the money that is being paid for HOA going? People are moving out and this place is starting to look deserted. Hopefully we can work something out with the investor if not I don't know what to do.
Doral Point? I'm in the same situation.
Bung Hole

Fort Myers, FL

#17 Mar 26, 2008
Neftali wrote:
<quoted text> I called the number for them and they finally called back after about a week. The investor contacted me and said he would back the contract originally made by AFH, but said that we would not have the three year warranty as promuised by them. Neither is the sub-division geting cleaned up. The green- areas( parks, walk paths etc.) are not beeing kept at all. The reason we decided to invest in the rent to own program here was because we were told this place was going to be a really nice place to live. Where is all the money that is being paid for HOA going? People are moving out and this place is starting to look deserted. Hopefully we can work something out with the investor if not I don't know what to do.
If it's Doral Point your referring to, I have seen some of the green areas being taken care of... I would guess it's the HOA taking care of the areas. But they are almost out of money, there are too many empty houses, too many foreclosed houses in the subdivision. Don't look for the pool area to be finished anytime soon. I heard a certain bank took control of the unsold lots and homes and someone did come in and take down all of the AFH signs.
hachry

AOL

#18 Apr 3, 2008
i live in doral pointe i have no idea who is taking care of the place. i saw some lanedscaping being done other than that there is no clue as to what is going to happen to all the empty lots, the pool area and the unfinished construction. i wish the hoa would fill us on what is going on.
ANON

AOL

#20 Apr 8, 2008
oh, you'll love this:yet, another company!
http://www.suburbanrealtyfl.com/main_sublinks...
Doral Pointe also

Winter Springs, FL

#21 Apr 9, 2008
Jacqueline Padilla Torres wrote:
I went on vacation came back expecting to find my new home being build, instead I find no one anywhere I tried to find answeres. Now, where do I go from here. Where is my $500.00 deposit? I would like some answers. Thank you.
http://lbfmiami.com/AFH/Default.htm
America's First Home, LLP
Contact a lawyer! This is the team handling all assets of AFH. Hope it helps. Sincerely, Ashurst St. Resident.

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