CDK Enterprises Investment Holdings, LLC.

When the ***'s and CDK Enterprises first met in late April 2005, the ***'s were going through a divorce and were already one payment behind on their mortgage They were very interested in selling their house to protect their credit from further erosion which would be caused by more missed house payments CDK Enterprises stepped in and took over the house with the following stipulations:1) We would continue to make the house payments and use OUR BEST EFFORTS to sell the house.2) Our contracts specifically state (see attached) that the loan would stay in the ***'s name until paid off or assumed by a future buyer The contract also specifically stated that CDK Enterprises had no intentions of assuming the ***'s loan and that NO promises had been made that the loan would be assumed or paid off The contract also specifically stated (see attached) that the ***'s would hold CDK Enterprises harmless in the event the loan was called due or goes into default for any reason 3) We continually tried to sell the house via Rent to Own tenants for over years Unfortunately, the housing crisis of 2008-didn't help matters 4) During this entire 10+ year span, each house payment was made in full and on-time Because of our diligence in making these house payments (in the ***'s name), the ***'s enjoyed enhanced credit scores and histories to enable them to buy other new houses and if desired other large purchases The principal balance of the mortgage was also paid down substantially during this time 5) After 10+ years, CDK Enterprises decided we could no longer continue down this path and that the ***'s would have to resume making payments on the mortgage We made the December payment which kept the mortgage current through January We sent both [redacted] and [redacted] certified mailings dated 1/6/telling them of our decision to no longer pay the mortgage moving forward and it would start to go into default in February if they did not resume payments MOST IMPORTANTLY, we offered to deed the property back into the ***'s names which was NOT part of the original agreement, HOWEVER we strongly believe that was the right thing to do This was described in depth in our mailing (also attached) Since the loan was still in the ***'s name, we felt it only fair the house should also be deeded back into their names once again, although this was not required of us in the original contract(see attached) By offering to deed the property back to the ***'s we are in essence giving them the total value of the principal balance reduction of the mortgage which has occurred during the last 10+ years This was NOT required by our contracts.6) We received a phone call from [redacted] that he received our mailing, and that he was unhappy and would get back to us on his decision if he wanted the house re-deeded to him We never received a final answer from him as to his decision on our offer.7) We then received a phone call from [redacted] who was concerned that she would not have enough time to decide her course of action before the loan went into default In the spirit of wanting to do the right thing, and working together, CDK offered to make ONE ADDITIONAL payment through February This was communicated via email (see attached) on 1/22/All we asked was for both [redacted] and [redacted] to sign a release We also asked again if they wanted to house re-deeded to them.8) On 2/1/2016, we still had not heard anything back from the ***'s We called and left a VM and also sent a follow up email to [redacted] on that date (see attached)9) On 2/8/we sent another follow up email to [redacted] (see attached) to try to resolve this matter 10) Unfortunately, we have never been contacted by the ***'s with a decision concerning our offer; our last actual two way communication occuring back on 1/22/ The next communication we receive is this complaint filed with the Revdex.com.11) We feel very badly that this transaction did not work out as originally planned, however we have tried numerous times to handle this professionally and by the letter of the law and our contractsIn fact we have gone over and above our responsibilities detailed in our contracts.12) We are still willing to pay the February payment and deed the house back into the ***'s names if they sign the requested release.13) Thank you for giving us the chance to tell our side of the story.Tell us why here

When the [redacted]'s and CDK Enterprises first met in late April 2005, the [redacted]'s were going through a divorce and were already one payment behind on their mortgage.  They were very interested in selling their house to protect their credit from further erosion which would be caused by more missed...

house payments.  CDK Enterprises stepped in and took over the house with the following stipulations: 1) We would continue to make the house payments and use OUR BEST EFFORTS to sell the house. 2) Our contracts specifically state (see attached) that the loan would stay in the [redacted]'s name until paid off or assumed by a future buyer.  The contract also specifically stated that CDK Enterprises had no intentions of assuming the [redacted]'s loan and that NO promises had been made that the loan would be assumed or paid off.  The contract also specifically stated (see attached) that the [redacted]'s would hold CDK Enterprises harmless in the event the loan was called due or goes into default for any reason.  3) We continually tried to sell the house via Rent to Own tenants for over 10 years.  Unfortunately, the housing crisis of 2008-2009 didn't help matters.  4) During this entire 10+ year span, each house payment was made in full and on-time.  Because of our diligence in making these house payments (in the [redacted]'s name), the [redacted]'s enjoyed enhanced credit scores and histories to enable them to buy other new houses and if desired other large purchases .  The principal balance of the mortgage was also paid down substantially during this time.  5) After 10+ years, CDK Enterprises decided we could no longer continue down this path and that the [redacted]'s would have to resume making payments on the mortgage  We made the December 2015 payment which kept the mortgage current through January 2016.  We sent both [redacted] and [redacted] certified mailings dated 1/6/16 telling them of our decision to no longer pay the mortgage moving forward and it would start to go into default in February 2016 if they did not resume payments.  MOST IMPORTANTLY, we offered to deed the property back into the [redacted]'s names which was NOT part of the original agreement, HOWEVER we strongly believe that was the right thing to do.  This was described in depth in our mailing (also attached).  Since the loan was still in the [redacted]'s name, we felt it only fair the house should also be deeded back into their names once again, although this was not required of us in the original contract. (see attached).  By offering to deed the property back to the [redacted]'s we are in essence giving them the total value of the principal balance reduction of the mortgage which has occurred during the last 10+ years.  This was NOT required by our contracts. 6) We received a phone call from [redacted] that he received our mailing, and that he was unhappy and would get back to us on his decision if he wanted the house re-deeded to him.  We never received a final answer from him as to his decision on our offer. 7) We then received a phone call from [redacted] who was concerned that she would not have enough time to decide her course of action before the loan went into default.  In the spirit of wanting to do the right thing, and working together, CDK offered to make ONE ADDITIONAL payment through February 2016.  This was communicated via email (see attached) on 1/22/2016. All we asked was for both [redacted] and [redacted] to sign a release.  We also asked again if they wanted to house re-deeded to them. 8) On 2/1/2016, we still had not heard anything back from the [redacted]'s.  We called and left a VM and also sent a follow up email to [redacted] on that date (see attached) 9) On 2/8/2016 we sent another follow up email to [redacted] (see attached) to try to resolve this matter.  10) Unfortunately, we have never been contacted by the [redacted]'s with a decision concerning our offer; our last actual two way communication occuring back on 1/22/2016.  The next communication we receive is this complaint filed with the Revdex.com. 11) We feel very badly that this transaction did not work out as originally planned, however we have tried numerous times to handle this professionally and by the letter of the law and our contracts. In fact we have gone over and above our responsibilities detailed in our contracts. 12) We are still willing to pay the February payment and deed the house back into the [redacted]'s names if they sign the requested release. 13) Thank you for giving us the chance to tell our side of the story.

When the [redacted]'s and CDK Enterprises first met in late April 2005, the [redacted]'s were going through a divorce and were already one payment behind on their mortgage.  They were very interested in selling their house to protect their credit from further erosion which would be caused by more missed...

house payments.  CDK Enterprises stepped in and took over the house with the following stipulations:1) We would continue to make the house payments and use OUR BEST EFFORTS to sell the house.2) Our contracts specifically state (see attached) that the loan would stay in the [redacted]'s name until paid off or assumed by a future buyer.  The contract also specifically stated that CDK Enterprises had no intentions of assuming the [redacted]'s loan and that NO promises had been made that the loan would be assumed or paid off.  The contract also specifically stated (see attached) that the [redacted]'s would hold CDK Enterprises harmless in the event the loan was called due or goes into default for any reason.  3) We continually tried to sell the house via Rent to Own tenants for over 10 years.  Unfortunately, the housing crisis of 2008-2009 didn't help matters.  4) During this entire 10+ year span, each house payment was made in full and on-time.  Because of our diligence in making these house payments (in the [redacted]'s name), the [redacted]'s enjoyed enhanced credit scores and histories to enable them to buy other new houses and if desired other large purchases .  The principal balance of the mortgage was also paid down substantially during this time.  5) After 10+ years, CDK Enterprises decided we could no longer continue down this path and that the [redacted]'s would have to resume making payments on the mortgage  We made the December 2015 payment which kept the mortgage current through January 2016.  We sent both [redacted] and [redacted] certified mailings dated 1/6/16 telling them of our decision to no longer pay the mortgage moving forward and it would start to go into default in February 2016 if they did not resume payments.  MOST IMPORTANTLY, we offered to deed the property back into the [redacted]'s names which was NOT part of the original agreement, HOWEVER we strongly believe that was the right thing to do.  This was described in depth in our mailing (also attached).  Since the loan was still in the [redacted]'s name, we felt it only fair the house should also be deeded back into their names once again, although this was not required of us in the original contract. (see attached).  By offering to deed the property back to the [redacted]'s we are in essence giving them the total value of the principal balance reduction of the mortgage which has occurred during the last 10+ years.  This was NOT required by our contracts.6) We received a phone call from [redacted] that he received our mailing, and that he was unhappy and would get back to us on his decision if he wanted the house re-deeded to him.  We never received a final answer from him as to his decision on our offer.7) We then received a phone call from [redacted] who was concerned that she would not have enough time to decide her course of action before the loan went into default.  In the spirit of wanting to do the right thing, and working together, CDK offered to make ONE ADDITIONAL payment through February 2016.  This was communicated via email (see attached) on 1/22/2016. All we asked was for both [redacted] and [redacted] to sign a release.  We also asked again if they wanted to house re-deeded to them.8) On 2/1/2016, we still had not heard anything back from the [redacted]'s.  We called and left a VM and also sent a follow up email to [redacted] on that date (see attached)9) On 2/8/2016 we sent another follow up email to [redacted] (see attached) to try to resolve this matter.  10) Unfortunately, we have never been contacted by the [redacted]'s with a decision concerning our offer; our last actual two way communication occuring back on 1/22/2016.  The next communication we receive is this complaint filed with the Revdex.com.11) We feel very badly that this transaction did not work out as originally planned, however we have tried numerous times to handle this professionally and by the letter of the law and our contracts. In fact we have gone over and above our responsibilities detailed in our contracts.12) We are still willing to pay the February payment and deed the house back into the [redacted]'s names if they sign the requested release.13) Thank you for giving us the chance to tell our side of the story.Tell us why here...