marchoang

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  • in reply to: Status of refund from Paragon Properties #185252
    marchoang
    Member

    I’m having the same problem with Paragon. I had initially requested a refund back in March, 07. They had denied it stating that I must first inspect the site before I can request for a refund. I was never told that and the contract does not clearly state that. After months of going back and forth about my refund, they finally agreed to grant me my refund after I inspected the site in May and hiring an attorney to represent me. However, they told me that I must wait until next quarter’s refund dispersement which can take up til end of august. Lyle Wexler told me that must budget the refund into next quarter’s dispersement b/c they refund millions of dollar each quarter. I know exactly why so many people are requesting their refunds. There is not excuse not to have any infrastructure in place after 3 yrs except for a cheap little gate when in the contract it states that the developer must put in all the infrastructure within 18-24 months. Also, the location of some their projects is so bad that I wouldn’t want it if they give it to me for free. If I don’t get my refund in August, I will file a lawsuit, a compaint with the BBB and with Florida’s attorney general. I will not take any more excuses or delays. How can they expect to stay in business if they treat their clients like this and have such a bad reputation?

    in reply to: Paragon Properties/Refund #183348
    marchoang
    Member

    The same thing happened to me. When I called in to ask for a refund in mid March, they told me to fax them the request for refund. A week later, I received a letter stating that I must first inspect the site before a refund can be made. I’m making my trip later this month before my 180 days rights of recission. If I don’t like what I see, I’ll demand a refund. I just hope that they don’t play any games with me like they are with you. Do you have any advice or suggestions for me so that I can protect myself? Do you think Paragon will be around for the next 5 years and that they will eventually build the infrastructure and gatehouse to their developments as promised? If they do, I feel that the value of the land will be much higher once the infrastructure is completed. We do have a 5 year period of zero interest. What do you think? I just don’t like to do business with developers who plays games, don’t follow through with what was promised in a timely manner and can’t be trusted.

    in reply to: Recommended Developers in Costa Rica #182097
    marchoang
    Member

    Hi, please let me know what you have heard about Paragon Properties. I have reserved a 2.5 acre lot in the development of Punte Verde near Manuel Antonio with them for $60K. I would like to find out if that is a good investment or not. Do you know of a better deal? Thanks, Marc.

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