Problems buying land??? Paragon

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  • #174720
    Bonesdude
    Member

    I am working with Paragon to buy a lot. Has anyone had any problems or great results they can share!

    #174721
    audears
    Member

    Check out the Paragon Properties thread below! Someone even posted pics of his ‘lot’ that he promptly requested his money back for. As far as my experience with Paragon goes…I wouldn’t give them a dime…and it is a good thing that you don’t have to pay for incoming calls, because I’d be broke by now…their selling tactics are second only to polite harassment…calls just about every nite for a week at the dinner hour, for example…”making sure I had the fedex envelope to send my 35000 dollar deposit” (sight unseen)….calling someone who is compensated to tell you good things about the property under the premise that the person lives there 6 months out of the year, only to find out that she just looked at the property a couple of months ago for the first time and nothing had been built yet at all…and you can read some more of the unsubstantiated claims Paragon Properties makes in the threads below……

    #174722
    Andrew
    Keymaster

    Please use the ‘Search’ feature on this site for Paragon and you will find a significant amount of information.

    I would strongly encourage anyone buying land, anywhere to VISIT Costa Rica, see the land, test it and check the title etc., BEFORE they buy it and please read José’s Three Golden Costa Rica Real Estate Rules at

    Please also read the forum postings expecially the one from US attorney Patrick McLaughlin which you can read at

    Scott – Founder
    WeLoveCostaRica.com

    #174723
    paul c
    Member

    This is a very nasty scam. I got the literature through the mail and it all seemed ok. What do I know what a real deed looks like etc. So I started my due diligence. . Apart from the all the usual crap you hear from tele sales men/woman, the first and most obvious thing is pay money up front, sight unseen to “reserve” your lot. They tell you that you must visit within 180 days etc. to “stand” on your own piece of land. I am going to CR in May and said I want to see the land before I buy it. Suddenly NO one would be available to meet with me if I hadn’t pre-paid. They would be too busy with people that had PAID, why would they see someone who hadn’t. Even “tagging along” wasn’t allowed. When I started digging deeper they tried to hit me with “Speak to the President of the company, Bill Gale”. I have no idea who Bill Gale is so do these people think I’m stupid to call a number they gave me to speak to someone I don’t know? YES. They think we are stupid. They gave me an “independent realtor” to talk to. Just so happens she’s on their payroll.
    Just by going to CostaRica.com I started finding out everything I needed. Under the real estate tab it talks about the different things but one thing you need is the Folio Real. It is a number where you can search the title and see who owns the property, if it’s mortgaged, liens etc. When I asked my salesman for this number he had no idea what I was talking about. He asked me to call Neustein, their attorney for confirmation that everything was on the up and up. I would only trust an attorney I am paying, not someone elses. They evntually got back to me with a plot map that had a folio real number. The trouble is that it was for the entire piece of land. There are no sub-divisions, separate lots or anything. IT IS A CON. I got my own attorney in San Jose to start looking and when I told my salesman, he suddenly had to go. I have not heard from Paragon since. I don’t know anyone who would buy a piece of land or property without their own attornry. If you’re going to lay out $25,000-$35,000 isn’t it worth $200 for peace of mind? By the way, I had someone call from office to “inquire” about land in CR. They were directed to a different name than my salesman, but I could swear it was the same one.
    If you search you can flights to CR for about $300 so it’s worth going before you buy. I almost forgot, I was told about the new international airport being built also but my attorney in San Jose said he knew nothing about it. Take care of yourselves and your money.

    #174724
    linda8421
    Member

    It seems quite a few people heard rumors of a potential airport in Orotina. Possibly something like the superhighway going in. But in this case the highway actually is going in it just is on Tico time as they say. I am not siding one way or another but Scott had mentioned in an earlier e-mail regarding realtors charging to have them spend the day showing people property. Alot of people are ‘lookers’ possibly never with the intention to buy. But, will have no problem taking up someone’s valuable time without a thought. I have seen a few developer’s (not that I am heavily looking for them) that share the same practice. They want to separate the serious people from the ‘looker’s’. Remember these companies do this as a business. And I understand from your point since I am in the same position – we want to protect our assets. It is a Catch 22 situation.

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