Crown Realty & Management / Deceptive business practices
On October 4, 2006, I sent Crown Management a letter stating that I would be terminating my lease early effective Dec 15, 2006. On November 20, 2006, my roommate (whose name was on the lease) abandoned the house leaving me with rent that I could not afford to pay myself. I called Crown on November 21, 2006 to inform them that I would have to leave Dec 5, 2006 because my roommate left earlier than expected and that I could not afford to pay that month.
In January of 2007, I received a registered letter from Crown with the move out inspection form enclosed with the pending damages. In early February, I received a ledger with accumulative damages estimating at $63,000. I called and ask why the estimate so high. I spoke with Denise Dimbath, the assistant to the broker. She informed me that if the property did not leased for the four-year term of the lease I would have to pay that amount. I drove by the property on February 9, 2007 to see if they were aggressively seeking to lease the property. I did not see any “for rent” signs posted. I drove by on Wednesday February 28 to check to see if they had placed signs out again but this time noticed two cars in the driveway. I spoke to one of my old neighbors and he told me that the new tenants had moved in that day. I called Denise again on 3/1/07 to check to see if she had mitigated the damages and she told me that she would re-do the ledger since the house had been leased and re-send it to me with the new cost and I could make pay arrangements after that.
One week later Thursday, March 8, 2007. I receive an alert form Equifax that a line of credit had been opened on my account with a $10,000 balance and that my credit score had dropped 85 points. Crown opened a revolving line of credit in my name with an account number, an open date of 9/1/05, a last activity of date 12/1/06, a high credit balance of $1,400, the terms of 12 months, a balance of $10,000 and a past due amount of $10,000. With comments, “Lease-Early termination/Merchandise returned before the end of the term”. I call Denise to ask why they would put anything on my credit without informing me. She told me that that was an assumed amount. Later that day she called me and told me that the broker of the owner said that the owners would accept nothing less than $5000. I did everything I could to make sure they knew I was willing to pay my financial obligation. They had all my contact information. Yet never warned me that even if I arranged to pay they would still ruin my credit.
I called the Federal Trade Commission filed a complaint and they told me that this was a violation of the fair credit reporting act section 623. They knowingly report false information to the credit bureau I reported Crown Management Corp’s for their deceptive practices to the BBB. I did so on 3/8/07
I went searching for others who have had a bad experience with this company and found another women having a similar experience with Crown Management and Realty company. I know there are others experiencing similar problems… Can you help by contacting this company regarding their deceptive practices? I am a single mom and they have ruined my credit and my chances of buying the house I had planned to buy in August of 2007 even after I agreed to make arrangements to pay!