Markette Properties, Inc

Markette Properties purchased the house 3 years ago subject-to, taking over the existing mortgage loan.  We provided a creative solution to the previous owners, who were not able to sell their house because of its condition.  They tried and failed to sell their house on the retail market,...

due to its condition. We also agreed to pay the homeowner's loan for air conditioning replacement, an amount exceeding $4,000.  We purchased the house, kept the previous owner's tenants, and assumed responsibility for maintenance and management of the house.The mortgage loan is current, the late fees have been paid, and the previous owners have been notified, by email and by text.  The house is currently rented, and is being maintained.We have invested thousands of dollars to maintain this house, which we purchased as-is.  The house was sold to us with a damaged foundation, which requires an estimated $7,000 to repair.  The interior needs to be updated, since it was built in the late 1970s.  We have spent money to maintain the pool, replaced the hot water heater, and various other items in the house.  Newer maintenance issues are being handled by contractors hired by Markette Properties.  We are NOT slumlords!  Our current tenants are very happy with the house, the pool, and the neighborhood.The previous owners were happy with us as long as we continued to send them monthly payments for their air conditioning loan.  Once we paid off that loan, the complaints began.  It seems that the ultimate desire is to ruin our reputation, and force us to sell the house.   We have fulfilled our commitment to them: the mortgage is current, our house is occupied and in livable condition, and the air conditioning note has been paid.  We will continue to pay the mortgage on time, and to maintain our rental house.