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Anchor House Financial

Anchor House Financial review: FRAUD 135

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6:18 pm EDT
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Unbelievable. I called this number on craigslist, knowing that it was too good to be true. But, what the hell. Right? WRONG! They advertised $700/month mortgage take-overs on pre-foreclosed houses. I figured that with the economy, anything is possible. The guy on the phone explained that I put $199 as a down payment and a no credit check (which doesn't matter b/c I have great credit, but not a lot of money to put down). So, I figured it was a good deal. I asked where I could view the list and he asked me "what credit line do you usually use?" I said Visa. He said "what's your expiration date on the card?" I replied, "why do you need my credit card information?" First Red Flag. He said "you need to put the $199 down now, but you get a full refund if you don't purchase a house. We will send you a list of houses to your email." He told me that all I had to do was call customer service if I didn't find anything and they would refund my money immediately, and they would honor that refund for up to one year. I asked him where I could find that information in writing and he said it would be sent in the email after I gave him my credit card number. Second Red Flag. I immediately looked up the Terms and Conditions on the website and about 1/2 way down I found where it said that in order to get a refund (which they only honor for ninety days) you had to send certified mail to Anchor House Financial with at least 5 denial letters from homeowners. Third Red Flag. I immediately read out loud to the guy what I found on the website, explaining that it was totally different from what he told me and he said "I don't know, that's just what they told me to read in the script." Are you kidding me? I laughed and said, "you realize that you're ripping people off, right?" And then he hung up on me. How do these people sleep at night? If I had $199 dollars to flush down the toilet I wouldn't be looking online for foreclosed houses. Like I said. Unbelievable.

135 comments
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IzzyGotServed
US
Dec 02, 2015 2:10 pm EST

I've been trying to move into a new house forever and a half now. Saw their ad on Craigslist and called. I have one dog, but I told the guy, "Michael, " that I have 4 large German Shepherds and he sounded really enthusiastic and said that all their homeowners love dogs and are more than willing to allow pets. Said water and other appliances were included all for $750/mo. Come on, man! I knew it was fake from the beginning.
FVCK ANCHOR HOUSE FINANCIAL!

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Doah
US
Dec 05, 2015 10:48 am EST

Has anyone been successful suing? I'm an attorney and my mom got scammed. I looked them up on our state's business entity search and on California's and couldn't find any information on them - it looks like they're not even a legit company. I'm asking because I'll need an address or location for service of process. Email me at sroath@gmail.com if you have started a law suit. I WON'T RESPOND IF YOU HAVEN'T ACTUALLY STARTED A LAW SUIT. I'm sorry, but I work in a very small firm and just don't have the resources to help everyone. I suggest you all band together and actually speak with a lawyer. I've seen a couple responses with email addresses. Communicate with each other and get something done to stop these people. Putting your name on a petition won't do ANYTHING. You have to actually bring a law suit. Any firm with more than 15 attorneys should be able to handle the case.

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Ms. Brenda Johnson
US
Dec 26, 2015 7:02 pm EST

Thank you guys so very much for submitting your complaints on this message board. It has a been a blessing, since I was actually going to sign up for this program. I've spoken to several people today from their office and one, gave me her direct line and an operator ID, in the event I decided to sign up online, instead of by phone.

I was so excited when I saw their ad, because I've been praying that God would bless me with a home again. I presently live in an apartment and I have to move within a week. I gave my 30 days notice, but, I thought I would be able to find a house and I haven't been successful, so I began looking for apartments instead. When I saw this ad on Craigslist, I screamed "Thank You Jesus", this is exactly what I'm looking for. Well, thank God for this board, because, obviously it isn't the will of God.

I was just awarded sole custody of my only daughter, after a nearly 5 year battle and I wanted to move into a home, since we previously lived in a home and she isn't accustomed to apartment living. Anyway, thank you guys. I will continue my search and continue in prayer.

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Kathy Bonnett
US
Jan 12, 2016 12:36 pm EST

I saw a 4 bdrm house on Craig's list for 650$ same as a 2 bdrm so I called the number got his name which is Mike and his telephone number he told me about the $199 I told him I don't have it right now, he took my name, tel #, address which is a temp one ( I'm glad) and my email. I told him I will call back in Friday when I'm paid...when I got off the phone I decided to Google the name of the place he give me and that when I saw all these reviews, I'm so glad I looked ...he won't b getting my.money now it was too good to b true. Thanks for posting these reviews it's truly a SCAM.

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Traci Lynn
US
Jan 13, 2016 10:58 pm EST

Scammers! So its 8:51 at night and i just got off the phone with this so called company. he said there hours are from 8 to 8! I need to pay the 199$ first to be able to see the listing. I said well why would i pay that without having looked at any property first, If i wanted to go forward with the paper work process i would pay that amount after having viewed the properties! that's bad business... so to you customer service rep named Phillip... Karma will come around for your bad business... but i think you should step up your scam process and if anyone fell for your crap i feel bad for them for being used for your instant gratificational come up! its an addiction to people like you... KNOCK IT OFF!

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breezy2006
US
Jan 31, 2016 7:17 am EST
Verified customer This complaint was posted by a verified customer. Learn more

Please contact me with any information on how to help you! briolson91@gmail.com

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Ray Rigby
US
Feb 09, 2016 2:12 am EST

Everyone who has been scammed by this company needs to get together and sue them for our money back . This company needs PAY! Before something bad happens to them. That need to be stopped.

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c3266
US
Feb 26, 2016 4:35 pm EST

I have been reading all of your comments and I feel so bad. My Friend just fell for this scam. I work in Florida Real Estate and there is a law for inaccurate listings here. I called The California Board of Realtors to find out what the law is over there. From what I am seeing though, in order to sell real estate Pre-paid listings, they have to be registered and licensed. I also could not find l the entity name registered with the secretary of state, in addition, the names of the supposed "owners" Mike Davenport and Susan Quinn are not realtors. I looked them up too. Anyways, if I get any substantial information that can help I will re-visit this page and update everyone. My heart broke for the mother who lost her husband and ended up homeless. So sad. If at any way possible, maybe this should be take up with the Federal Trade Commission.

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Herbert Brown
US
Mar 07, 2016 12:23 pm EST

I must thank you for having the courage to take these steps... NOT only by bringing awareness to the fraudulent acts of ANCHOR HOUSE but, by initiating actions against these "pirates" through the suggestion of a CLASS ACTION SUIT. Because I too, am currently a victim of this scam, I would like to volunteer my services. I legally sort to secure a home through their "pre-foreclosure" program. After an overture of promises made to return my cost (or deposit) of $199, I wholeheartedly participated in their mail-out plan which also committed me to a 90 day delay for response wait-time permit. After 40 some odd days I called to follow-up on responses and was told that their weren't any. When I complained about "returned to sender" mail I was receiving, they simply told me to resend them (which I saved). On the 50th day, I called to cancel my account and receive my deposit back and was told I had to submit 5 denial letters from homeowners that rejected my offer. Which, didn't make any sense since, none of the homeowners felt the need to respond in the first place. When I informed them that I had collected 5 "returned to senders" letters still in my possession, I was conveniently disconnected. I live on a fixed income. I cannot afford to lose $199! If there's a way for me to get my return and possibly be compensated... and also see these people civilly punished, let me know... Please keep me in the loop at: 1hrael@gmail.com

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R J English
US
May 04, 2016 9:18 am EDT

I was told to try this company for 90 days if I didn't find anything my $199.00 would be refunded. Now they want thing that I was not about up front this, makes it impossible to get my money back. Scam company's like this one is just wrong!

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Kimberly Castillo
US
May 27, 2016 10:50 am EDT

Yes, please lets all get together against this company I have all but similar story. They told me I absolutely need to have rejection letters or no refund even though i have received no response since 9/20 of 15 and I just spoke with them today

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Jenimoe
US
Jun 08, 2016 2:27 pm EDT

To smith7162. I would be willing to sign ur petition, they are a bunch of liars. That whole company needs to be shut down. If you want to email me that would great. My email is Jennie.koss1@gmail.com

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Dawn R. Isenhour
US
Jul 24, 2016 5:00 pm EDT

I get how to help find the right foreclosed homes ( sorry to the ones who worked to keep them and lost them anyway.) I am not fully licensed to get started helping people find and get into them a moral way yet. I too have been taken in by this company and would love to help get monies back!

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Kiki870712
US
Oct 24, 2016 8:29 am EDT

Back in September 2015, I was browsing CL for a place to rent. My family and I had just moved to Twin Falls from Las Vegas. My husband and I were looking for a private owner due to our credit. When I came across the add, it said I could own a home in pre-foreclosure with bad/0 credit. So I thought what the hell, I'll give it a try. I called the number and the gentleman told me I would need to pay $199 to have access to all the homes in whatever area/zip code I desired. So I paid the $199, and got all my log in info. Once I logged on the company seemed totally legit with lists of homes. So I was looking in Twin Falls and Boise. I found over 100 houses that my husband and I were interested in. So we sent out all these letters (over 100). We even decided to drive past some of these places to check out the area. I was quite surprised because these houses were extremely nice; However I thought ok, maybe it is possible because I know some doctors and lawyers buy houses and then something happens. Maybe they lose their practice or maybe they lose their license. So we continued to send out letters to all the homes. Some of them received multiple letters from us. What I thought was weird but never looked to deep into, was that the people with Anchor House Financial stated that on the website I would find pictures of the inside of the home. I was also told for every 10 letters I sent out I'd receive at least one letter back. If that was the case I should of heard back from 10 people. I have been in contact with my bank and they are going to fully refund the money. I also plan on filing a police report and contacting a lawyer as well. I should of done my research but I was so excited that I could of became a homeowner that looking into the company was the last thing on my mind. To be honest I probably wouldn't have even figured this all out if I didn't contact my bank on Saturday to talk to the home-loan department. When I talked to a loan officer that's when I found out I had been scammed. Please stay away from this company. I have put Scam postings in my area of CL but that will only go so far. If you have been scammed I'm terribly sorry and I hope you can retrieve your money.

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  1. Anchor House Financial Contacts

  2. Anchor House Financial phone numbers
    +1 (877) 395-1287
    +1 (877) 395-1287
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    +1 (866) 900-9684
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    +1 (877) 395-1287
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  3. Anchor House Financial emails
  4. Anchor House Financial address
    5662 Calle Real, Suite #207, Gaviota, Santa Barbara, California, 93117, United States
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    Oct 28, 2024
Anchor House Financial Category
Anchor House Financial is ranked 559 among 732 companies in the Investment, Insurance and Financial category