Scam Reporter

Christ Centered Real Estate Solutions – Consumer Complaint – 3-13-2012

Consumer Complaint Submission
Written by Consumer

Date This Problem Happened: March 13, 2012

State You Live in: California

Race/Ethnicity: White

Age Range: 36-50

Total Amount of Fee Paid:

Company Name:

Company Address: Christ Centered Real Estate Solutions – CCRES

Company Telephone Number:

Website of Company:

Consumer Statement:

I’m not sure I’ve been scammed YET, but feel I’m being set up. I filled out an application for Christ-Centered Real Estate Solutions–Plan B. Plan B, unlike the one you’ve written about on your site is for people who have an accepted offer for the short sale of their home but don’t want to have the short sale reported on their credit. CCRES claims they can buy the note (even if it’s Fannie/Freddie insured) and then sell it to the buyer whose offer you’ve accepted. Then not report you to the credit bureaus, thus saving your credit.

HOWEVER, the first thing they advise when they meet with you (In person, nothing in writing) to review your application is that it’s easier to by notes for non-performing loans and “they can’t advise you not to pay your mortgage, but they know that non-performing notes are easier to buy”. They then make vague promises about cleaning up your credit after all is said and done.

As you know they have no publicized web site, however, I was told by them yesterday that I could go to for additional info. about the company. The also promised to send me a video which they haven’t yet.

I have an accepted full price cash offer on my property. But now I have a sneaking suspicion that the offer may have come from CCRES as I’ve been told the buyer is an “investor” who wants to rent the home.

The agent I’m using does not to me to be in kahoots with CCRES, but she’s been advised by an escrow and broker friends that CCRES is legit.

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If they were legit. then why no transparency?

Consumer Action Taken:

I spoke to CCRES financial screener yesterday who tried to assure me that my loan, though insured by Fannie Mae, was eligible for a note purchase. He claimed that my loan will be submitted along with $30 million in other loans to an officer/”Insider” they have contacts with at BofA later this week. CCRES said that they will have a decision from BofA within 2-3 weeks as to whether my note can be purchased. If my note is not sold this go round they will submit again and again until it is. Obviously, this could take months, and I have an interested buyer now and don’t wish to drag the process out any longer than necessary (UNLESS I knew for sure my credit would be saved).

I had to ask the financial advisor three times what CCRES stood for before he finally told me. He sent me a bio on Thomas Duck and resume for Stephan LaBella this morning, and a copy of their LLC license with state of NV this morning, to reassure me, but no mention of Mr. Fierro. I’ve called a friend at Dept. of Justice who works on mortgage fraud about this and he’s looking into a few things. Also called Boston Community Capital since CCRES is pointing to them as being successful at these types of transactions. BCC is aghast that their name is being used in connection with CCRES.

Honestly, I’d love to help shut these guys down.

If you feel you’ve been financially hurt by a debt relief company and deserve a refund, read these step-by-step instructions on how to proceed to attempt to get your money back.

If you do get your money back, come back and leave a comment about it. I’d love to praise companies that step-up and do the right thing for people.

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About the author


This is information that was submitted by a third party and not generated by or Steve Rhode.


  • I would NOT trust this company…. this sounds like a fraud scam – a potential way for someone to steal your house. I would be very careful – there are scams that talk people into signing over their notes and they get fake cashiers checks or other shady payment devices. If you do deal with this company, have a qualified real estate attorney view all the documents, make sure you use an escrow company of YOUR choice – not theirs. Make sure the funds are cleared before you sign over anything.

  • How very Christian of you to blame those of us seeking help are suggest we are lazy. 

    I was accepted to your program. I fired you when I researched your company. You didn’t fire me. I was not trying to avoid disclosure only trying to avoid a credit blemish resulting from short sale. I was told at time I was accepted that CCRES had already purchased $30 million in notes in January and were about to close on those transactions. 

    Did any of that ever happen? How many people have actually been helped by your program?

    • Jesus to sinner, “You’re going to hell. That’s you own damn fault.” I agree, nice Christian touch.

      I think this could be better clarified if they would show us proof rather than just make unsupported claims.

  • Secondly, CCRES is in the process of purchasing over $4 Billion dollars worth of non-performing assets from various institutions.  No comments here in this blog post is correct in the assertions of the claims of improprieties.  CCRES operates a valid, substantial and complete set of financial information and education products.  Once the poster of this blog post reads through his personal contract, they will notice that there are no guarantees to this program.  CCRES does not stop foreclosures, stop notice of defaults being filed, and certainly does not promote itself corporately as a solution to ALL problems brought to its doors.  CCRES has denied working with 7 times as many clients as they have accepted into its programs.  People get frustrated because they have caused their own circumstances that they would rather someone else to fix for them.  CCRES has evidence of multiple cases that were worked out for clients, but the clients have failed in one way or another to not make their portion of the contract satisfied.

  • Firstly, CCRES is a note purchasing company.  They are taking no upfront deposits for any programs they offer.

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