Douglas C.
LOST ALL MY SAVINGS
I did not deal directly with this company, however my experience with them cost me over $200,000. I sold my house in Florida to an investment company in company in Las Vegas. Center street was the lender, The buyer borrowed $625,000 from Center Street and I wrote a second mortgage for $225,00. So the buyer paid almost nothing out of pocket. What lending institution allows this. The buyer didn't pay anyone so the bank and myself foreclosed. Center Street lending sold the property to a company called Second Chance for $7000. thus getting me out of the picture. I have since spent about $20,000 in lawyer fees trying to collect on my note. I'm sure the borrower will hide all his assets and I will probably get nothing. I think this whole thing is a scam.




