National Recreational Properties Inc Complaint - NRPI Is A Bait And Switch Con Artist
I have waded my way through a slue of familiar complaints as I have looked to see whether or not I have recourse against the bald lies this company told me.
I have family in Texas ( I live in southern California) and recently saw an info-mercial on some properties in horse shoe bay an area 30 miles from my family's home. The story line was " if you pre-qualify we will put you up in a hotel and treat you like a king while we show you our guaranteed low price retirement communities".
The put you in a hotel treat you like a king part I suppose it is true. They were upset when my parents showed up to take the bus ride out to horseshoe bay from Austin I did not realize till later the beauty of their trick is to bring people from inflated property areas sequester them from the locals and sell them properties at three times the local value.
I can respect how clever they were, as we drove through neighborhoods NRPI did not own, given comparative prices we could not check. The whole time being told that we could sell the property at any time "probably for much more than we were paying for it".
I will admit, I am a sucker, I bought a nice corner lot for 50 thousand dollars the lie that kills me the most was when my NRPI representative said kind of under his sleeve " when you get the tax assessment from the county...Don't be alarmed if it is half what you paid for the property ( mine wasn't it was a quarter) out here in this part of Texas the county seat has to old gals running the whole show and they rarely check on values.." As if these poor dottering matrons could barely rise from their seats.
The old gals were right on the money, my property is not worth the interest I am going to pay on the loan.
Do not fall for these guys, do your own homework. Not only will they mislead you they will lie to your face, then shake your hand.