Tennessee Real Estate Operator Screwed Us In Bogus Real Estate Deals, Say Clients

In Dickson, Tennessee, WSMV-TV Channel 4 reports:

• Some families who Jimmy Greene has done business with seem to end up losing their homes. Karen and Doug Young said Greene caused them to lose their house in Dickson to foreclosure. [...] The Youngs wanted to sell their house, and so they signed a contract with Greene and Greene Custom Homes. The deal was that if it didn't sell, Greene would make the payments. But he didn't. "They did not pay for May, June, July or August of 2008, and that was why it was in foreclosure," said Doug Young. They never saw it coming, they said, because Greene intercepted the correspondence from their mortgage company. "All of the contact numbers were changed, down to the e-mail address, so that everything would go to him and we wouldn't know," Karen Young said. The two ended up losing the house.(1) And they aren't the only ones who have said their real estate deals with Greene ended badly.

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• [Marsha Hargrove] and her husband were buying a home they ended up losing. They had signed a rent-to-own contract with Greene, then found out after two and half years that Greene didn't own the house and all the improvements they made were down the drain.

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• Deborah Branham's family was renting to own from Greene but found out he wasn't paying the mortgage on the family's house, either. It, too, was in foreclosure, and they lost their $5,000 down payment.

For the story, see Clients Say Company Ruined Homeownership (Greene And Greene Custom Homes Faces String Of Lawsuits).

(1) Reportedly, the Youngs went to court and won, but they have yet to collect on their $25,000 judgment.