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property4peanuts

3.4/5, 8 Reviews
63% Recommended

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1 Star Review

By : 'stpaul'
Services : Sales( I bought a property using them)
Would you recommend ? : No
Postcode : SO53

10 Apr 2013
People found this helpful0

I am writing this report on behalf of my brother who purchased a property in Atlanta from Property4peanuts company number 07384189 and run by Emma Cornah. The property was sold with outstanding taxes which amounted to over $6000. His contract stated that the property would be sold free of liens and he paid $1100 for legal fees. Property4peasnuts would not contribute towards the taxes unless my brother signed an agreement not to post blogs about the company. However, it is in the public interest that my brothers experience with this company are made public. He made the final payment for the property in February 2010. Although the money was paid to 'The Foreign Property Shop.com' company number 06027122. Incidentally they have applied for the company to be struck off from companies house. Although the money was paid to The Foreign Property Shop.com the contract had the seller as Oleksandr Abramovych, a citizen of the Ukraine. The question is did The Foreign Property Shop.com use my brothers money to purchase the property from Oleksandr Abramovych and what is the connection between him and The Foreign Property Shop.com and Property4peanuts. They said that the seller was known to them. The contract stated that the property would be refurbished and tenanted. In fact the refurbishment was not completed and my brother has photos to prove it. They have not provided any proof whatsoever that the refurbishment was completed. Their excuse was that the tenant moved in so quick that there wasn't time to take photos. If there was a tenant he did not receive any rent payments as the rent money was deducted from the payment made towards the overdue taxes. Regarding the alleged tenant, there were no obvious signs of a tenant existing, they disappeared after two months for no apparent reason. At the same time the propety management company Solutions Enterprises informed him that they no longer wished to be his management company. Although my brother paid for the property in February 2010, he did not receive the quit claim deed until July 2012. The date on the quit claim deed was 10th August 2011 and that date had been amended from 10/8/2012. Even if the date is to be believed it means the document was missing fro a year. It also means that Oleksandr Abramovych was still the owner up to that point. The address given for Oleksandr Abramovych on the quit claim document is that of Property4peanuts, Foxwood, Chalky Road, Stockbury, Kent ME9 7QR. From the period of his payment February 2010 to 10th August 2011 the property belonged to Oleksandr Abramovych. He did not have the property managed and consequently it was vandalised and a vagrant was living there. My brother used a agent in Atlanta to visit the property and take photos. My brother continually pressed Propery4peanuts to provide him with the title deeds. They claimed it took time whereas he phoned the court house that deals with them and was told it takes two weeks. He also asked for the name of the title company and was told it was SouthEast Title Corporation, 1409 North Highland Avenue NE Atlanta, Georgia 30306. He contacted the company and they said they did not handle the title they only acted as a messenger service. My brother challenges these companies to answer the specific questions that has gone unanswered: Explain their relationship with Oleksandr Abramovych. Why was he the seller when the money was paid to The Foreign Property shop.com Why did it take 29 months from the time of payment to the receipt of the quit claim. Provide proof that South East title did in fact handle the transfer or provide the name of the company that did. They should have invoices from the Title company. Explain the whereabouts of the quit claim between 10th August 2011 and 12th July 2012. Provide proof that the property was refurbished, it can be photos, names of contractors, invoices etc. I challenge Property4peanuts to answer the above questions, but I doubt if they will. If they think my brother was in any way responsible for this mess then explain why. To summarise: My brother paid a lot of money for a house that was supposed to be refurbished and tenanted but wasn't. The title was not give to him in a timely manner, in fact it was 29 months before he saw any documentation that showed him as being owner. On the date of the quit claim deed the property was empty and vandalised not refurbished and tenanted as per the contract. When the property belonged to Oleksandr Abramovych it was not managed and was completely trashed. It is in a wrecked state today and will cost a lot of money to repair. It is over three years since the purchase, he has lost lots of money, had enormous stress and still has a property that is wrecked and accumulating taxes.

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By : Caroline

2 May 2013

This client bought a bargain detached property in Atlanta, for a discounted price – just before the upswing in prices there over the past year or two. After tenants left, the property suffered vandalism. We admitted the refurbishment went slowly and compensated him. Then as a Title company didn’t do their job and there was a delay in registering the property (which we were unaware of), we paid to clear his taxes for the period and extra as a goodwill gesture. In total, he has received over $6,000 from us, which shows that we don’t abandon clients post sale. Despite this help, the client continues to press for money. As it seems he is unhappy with his property, we offered to help sell his property into what is now a good market in Atlanta, but he has not taken us up on the offer. In summary, this sale didn't go as smoothly as the vast majority of sales we handle as it was affected by poor service by those 3rd party providers that we rely on. But that’s very different from the tale presented by this client.

By : stpaul

7 May 2013

First of all you will notice that none of the questions have been answered. There were no tenants or proof that the refurbishment was completed. I have asked for the name of the title company and was told it was South East title, I contacted them and then denied dealing wit it. They have also conveniently glossed over the dates. The property was paid for in February 2010, the first indication I had of ownership was July 2012 which is 29 months after the date of purchase. This isn't a delay it is a disaster. The quit claim which is the lowest form of title was dated August 2011 and the year of 2012 had been crossed out. The client did not receive $6000 from them, that money was used to pay taxes which should have been settled at the time of purchase. In fact the city council sold off the debt to Riah capital management which increased the costs further. The total bill for taxes was $6036.56, Property4peanuts only paid $3858.54 as they deducted $1400 from the alleged rent payments. Can you believe that, it indicates the type of company that they are. The property has been vandalised substancially and this occured during the time it was owned by Oleksandr Abramovych, the mysterious person who is known to Property4peanuts. The property is not in a sellable state therefore the offer to sell is meaningless. They need to answer specific questions which I know from experience they will not. Q1. Who is Oleksandr Abramovych, he was the seller on the contract. Q2. What is the role of Oleksandr Abramovych in the property4peanuts company. Q3. The My money was paid to the Foreign Property SHop.Com company number 06027122 yet Abramovich was the seller. Did they transfer my money to Abramovych. Q4. Why didn't Abramovich have the property managed as he was the owner. He was the owner during the alleged tenancy and subsequently when the property was vandalised. Q5. There is no doubt who owned the property as the title records are in the public domain, and so called property specialists would know this and could check for themselves. Q6. Why did it take 29 months for the first notification of ownership. Q7. The date on the quit claim is 12th August 2011, which had been crossed out from 2012. If that date is to be believed then where was the quit claim from August 2011 to July 2012. Q8. Why weren't the taxes paid at the time of purchase, the contract stated that it would be free of liens. Q9. Provide proof that the propery was refurbished. he was told that the tenant moved in so quick that there wasn't time to take photos. If the tenant was so keen to move in why did they disappear without trace after two months. Q10. They claim the property was tenanted. However. at the time of the alleged tenancy the property did not belong to me it belonged to Abramovych. So in fact there are in breach of contract as it was supposed to be tenanted when he bought it. Furthermore he paid them $1400 towards the taxes otherwise they would not have paid them. Q11 They blame the title problems or third parties and not themselves. he paid $1100 for the legal aspects of the sale, it was the responsibility of Property4peanuts to ensure that third parties did their job. He continually told them of the title problems and they said it takes time. He phoned the court house that deals with it and they said it takes two weeks. Property4peanuts were totally responsible for the delays yet they try to pass on the blame to others. Q12. What was the name of the title company who were allegedly responsible You will see from the reply by Caroline that they are never specific when it comes to dates or naming those responsible. All the important items are glossed over. If they are as innocent aS they claim then I challenge them to answer the above questions. I Guarantee that they will not, it isn't in their nature. He can back up all statements with proof, much of which is in the public domain and indisputable. Three years after purchasing the house from Property4peauts he has lost lots of money, and has a house that has been vandalised and taxes still have to be paid. I would not want anybody to suffer the experience that I have had by buying a house through property4peanuts.

By : stpaul

7 May 2013

First of all you will notice that none of the questions have been answered. There were no tenants or proof that the refurbishment was completed. I have asked for the name of the title company and was told it was South East title, I contacted them and then denied dealing wit it. They have also conveniently glossed over the dates. The property was paid for in February 2010, the first indication I had of ownership was July 2012 which is 29 months after the date of purchase. This isn't a delay it is a disaster. The quit claim which is the lowest form of title was dated August 2011 and the year of 2012 had been crossed out. The client did not receive $6000 from them, that money was used to pay taxes which should have been settled at the time of purchase. In fact the city council sold off the debt to Riah capital management which increased the costs further. The total bill for taxes was $6036.56, Property4peanuts only paid $3858.54 as they deducted $1400 from the alleged rent payments. Can you believe that, it indicates the type of company that they are. The property has been vandalised substancially and this occured during the time it was owned by Oleksandr Abramovych, the mysterious person who is known to Property4peanuts. The property is not in a sellable state therefore the offer to sell is meaningless. They need to answer specific questions which I know from experience they will not. Q1. Who is Oleksandr Abramovych, he was the seller on the contract. Q2. What is the role of Oleksandr Abramovych in the property4peanuts company. Q3. The My money was paid to the Foreign Property SHop.Com company number 06027122 yet Abramovich was the seller. Did they transfer my money to Abramovych. Q4. Why didn't Abramovich have the property managed as he was the owner. He was the owner during the alleged tenancy and subsequently when the property was vandalised. Q5. There is no doubt who owned the property as the title records are in the public domain, and so called property specialists would know this and could check for themselves. Q6. Why did it take 29 months for the first notification of ownership. Q7. The date on the quit claim is 12th August 2011, which had been crossed out from 2012. If that date is to be believed then where was the quit claim from August 2011 to July 2012. Q8. Why weren't the taxes paid at the time of purchase, the contract stated that it would be free of liens. Q9. Provide proof that the propery was refurbished. he was told that the tenant moved in so quick that there wasn't time to take photos. If the tenant was so keen to move in why did they disappear without trace after two months. Q10. They claim the property was tenanted. However. at the time of the alleged tenancy the property did not belong to me it belonged to Abramovych. So in fact there are in breach of contract as it was supposed to be tenanted when he bought it. Furthermore he paid them $1400 towards the taxes otherwise they would not have paid them. Q11 They blame the title problems or third parties and not themselves. he paid $1100 for the legal aspects of the sale, it was the responsibility of Property4peanuts to ensure that third parties did their job. He continually told them of the title problems and they said it takes time. He phoned the court house that deals with it and they said it takes two weeks. Property4peanuts were totally responsible for the delays yet they try to pass on the blame to others. Q12. What was the name of the title company who were allegedly responsible You will see from the reply by Caroline that they are never specific when it comes to dates or naming those responsible. All the important items are glossed over. If they are as innocent aS they claim then I challenge them to answer the above questions. I Guarantee that they will not, it isn't in their nature. He can back up all statements with proof, much of which is in the public domain and indisputable. Three years after purchasing the house from Property4peauts he has lost lots of money, and has a house that has been vandalised and taxes still have to be paid. I would not want anybody to suffer the experience that I have had by buying a house through property4peanuts.


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property4peanuts
1 Hove CottagesStockbury, Kent
ME9 7QR
01795 844004

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1 Star Review

By : 'JasonS'
Branch : Stockbury, 1 Hove Cottages
Services : Sales (As a Buyer)
Would you recommend ? : No
Postcode : 4362

8 Mar 2016
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18 Aug 2016

JasonS I also bought properties in Toledo from them please contact me /send contact...


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5 Star Review
UserName

By : 'Christian'
Branch : Stockbury, 1 Hove Cottages
Services : Sales (As a Buyer)
Sold price : £20000
Rent PCM : £400
Would you recommend ? : Yes
Postcode : 4361

3 Mar 2015
People found this helpful0

I was skeptical when I contacted Property4peanuts. I made a lot of inquiries to confirm the genuineness of the firm, Emma was very patient and professional in assisting with all my inquiries. She provided references which I personally verified to be true. I was very convinced and bought my first ... Read Full Review

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I bought some USA properties ...

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5 Star Review

By : 'Joyce'
Branch : Stockbury, 1 Hove Cottages
Services : Sales (As a Buyer)
Would you recommend ? : Yes
Postcode : OH

7 May 2013
People found this helpful1

I bought some USA properties from Dan through the property4peanuts website recently. Dan has been very helpful and patient in guiding me through the whole purchase process, such as setting up LLC, getting me in touch with the property management companies, insurance company, home inspectors, etc. ... Read Full Review

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Dan is very good to sell you ...

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1 Star Review
UserName

UserName

By : 'George'
Branch : Stockbury, 1 Hove Cottages
Services : Sales (As a Buyer)
Would you recommend ? : No
Postcode : AZ8

21 Apr 2013
People found this helpful0

Dan is very good to sell you properties, but after sale, you are on your own, when the property manager WRI property manager is pocket you rent and not pay you, he is doing nothing about it, worse yet, he defend that is the best manager company, then try to tell him to sell the property, he just ... Read Full Review

Comments (1)Was this helpful?:

By : Caroline

1 May 2013

WRI referred to here is a different company over whom we have no control. They are property rental managers. We have not been impressed by their service for some time and do not recommend them to...


I am writing this report on ...

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1 Star Review

By : 'stpaul'
Branch : Stockbury, 1 Hove Cottages
Services : Sales (As a Buyer)
Would you recommend ? : No
Postcode : SO53

10 Apr 2013
People found this helpful0

I am writing this report on behalf of my brother who purchased a property in Atlanta from Property4peanuts company number 07384189 and run by Emma Cornah. The property was sold with outstanding taxes which amounted to over $6000. His contract stated that the property would be sold free of ... Read Full Review

Comments (3)Was this helpful?:

By : Caroline

2 May 2013

This client bought a bargain detached property in Atlanta, for a discounted price – just before the upswing in prices there over the past year or two. After tenants left, the property suffered...


Mr. Dan is a professional and ...

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5 Star Review

By : 'james'
Branch : Stockbury, 1 Hove Cottages
Services : Sales (As a Buyer)
Would you recommend ? : Yes
Postcode : GA30

27 Mar 2013
People found this helpful0

Mr. Dan is a professional and liable person. I knew him through website:property4peanuts and purchased my first property in USA two years ago.As it was my first investment in USA, I brought a lot of questions to him.Dan was very keen to co-ordinate and to solve it. Satisfied with his work, I bought ... Read Full Review

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Helpful, truthful in telling ...

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4 Star Review

By : 'Toh'
Branch : Stockbury, 1 Hove Cottages
Services : Sales (As a Buyer)
Would you recommend ? : Yes
Postcode : TOLE

23 Mar 2013
People found this helpful0

Helpful, truthful in telling the conditions of the property he is selling. knowledgeable and have various contacts in getting what you request. Example, property management, Setting up LLC , accountants and ... Read Full Review

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Dan proved to be a thorough ...

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5 Star Review
UserName

By : 'Martin'
Branch : Stockbury, 1 Hove Cottages
Services : Sales (As a Buyer)
Would you recommend ? : Yes
Postcode : 3395

20 Mar 2013
People found this helpful1

Dan proved to be a thorough professional. He was compassionate to my concerns and spent no effort in allaying them in a clear and succinct manner. He had deep and extensive knowledge of the property and took his time to clarify all nuances. In fact, dealing with him gave me more confidence in ... Read Full Review

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Kindly note that legally, letting agents need to publish information about their tenancy fees, government-approved redress schemes and client money protection schemes on their website and on third party websites (on which agents are listed). For properties to lease/rent in England, agents need to keep this information up to date and precise on allAgents or specify within the property description.

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