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Home Buying Scam

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Home Buying Scam Reports & Reviews (4)

- Baltimore, MD, USA

Someone approached me to buy my property through a text message, and introduced himself as John Kalaris at Kostas Property LLC, and sent me an ID of his partner George Kostantinidis would inspect the property. I gave permission and then we signed the contract.One of the term of the contract was earnest money $2500 deposited to escrow account and upon failure to buy the property by the buyer, the Kostas Property would transfer this money to the seller. After the contract he started playing games and after all stopped communicating with me.Actually he is the one George who used different names and started fraudulent activities, and then later refused to pay non-refundable $2500 to me when he failed to close the deal, and started playing games.He then changed his website information. He used the same telephone number through fake names.

• Sep 10, 2024

Hello. I have this same issue with this person. Please contact me at [email protected]

These men seemed nice at first until they cornered my wife and started making her super uncomfortable and saying things to her in Spanish which she couldn’t understand but the tone was very uncomfortable. She thought she was going to be raped the way they approached her. One male said in broken English to stop and something about getting arrested and deported. Turns out their whole business is a scam they don’t actually buy houses or maybe they do but it’s not worth it. It seems more for a way for them to get in your home and scope things out.

House was posted on Facebook marketplace. I toured the house which needed a lot of work, and made an offer to buy. I contacted a lender to assist in obtaining a loan, who said I needed to get an agreement of sale from the seller (Isaiah Shickley at Innovative Home Solutions). When I asked the seller for an agreement of sale, the seller was unable to provide it. The paperwork he sent was still in the previous owners name, and when the deed was searched via court house documents, the property was still in the previous owners name. When questioned about the AOS, the seller refused to provide me with the correct paperwork and insisted it wasn’t necessary. He had no proof of owning the property he was trying to sell when asked. He insisted the house needed to be sold in 30 days or less, and insisted the entire transaction was full cash. When I discussed this with my lender and sent the paperwork the seller did send, my lender immediately stated that what he was attempting to do was illegal. The seller insisted it was fine and that was how he always did it and was still asking for cash. When I stated I was not paying in full cash, he broke off communication. I am concern that if this continues and someone gives the sellers at Innovative Home Solutions cash for a property, they are going to be ripped off and lose all their money.

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