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Sierra Homes & Investments, Inc

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Sierra Homes & Investments, Inc Reviews (1)

Review: I. First Transaction:Mr. and Mrs. [redacted] state that on or about June 24, 2013 they entered into a written agreement between themselves and [redacted].Failure to reimburse the principle and interest rate in one lump sum on or before October 1st, 2013 in the amount of $34,000.Failure to acknowledge that default was made in payment when due, and not cured within seven (7) days of such default, the whole sum of principle and all accrued interest shall become due immediately in the amount of $34,000.Failure to acknowledge that the sum of $34,000 which became in default and due immediately due shall bear interest at the rate of twenty percent (20%) per annum from and after the date of default (totaling $566.67 a month).II. Second Transaction:Mrs. [redacted] states that on or about July 9, 2013 she entered into a written residential purchase agreement and joint escrow agreement between herself and [redacted]. The agreement was to purchase a residential property identified as [redacted]. With the said agreement signed $4000 was placed into an escrow account for the above listed property.Failure to reimburse the $4000 escrow deposit when [redacted] was taken of the market and the listing removed on July 31st, 2013.III. Third Transaction:Mr. and Mrs. [redacted] state that on or about January 29, 2014 they entered into a verbal agreement (after the purchase of below listed property) that was made between themselves and [redacted].Failure to reimburse the 3% percent of $370,000.00 (our earned profits from the [redacted]) that [redacted] promised us via written contract on July 26th 2014 via text message to [redacted] totaling ($11,100). As a result of the foregoing breaches, Mr. and Mrs. [redacted] have sustained damages in the sum of $55,333.37.Desired Settlement: As a result of the foregoing breaches, [redacted] have sustained damages in the sum of $55,333.37, broken down as follows:Expectation DamagesWe are entitled to the three (3%) percent of $370,000.00 (our earned profits from the [redacted]) that [redacted] promised us on July 26th 2014 via text message to [redacted] totaling ($11,100). We are entitled to repayment of their initial investment of $25,700.00 dollars and for the 20% earned interest from the [redacted] house totaling ($34,000.00) that was initial due October 1, 2013 per the contract that was signed on June 24, 2013.We are entitled to the 20% per annum (totaling:$566.67@ month for 11 months) due for the return of investment of $34,000.00 which entered into default on October 2, 2013 per the contract that was signed on June 24, 2013 totaling ($6233.37).We are entitled to the $4000.00 that is currently in an escrow account for [redacted] that was deposited on July 9, 2013 along with a Californi

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Description: Investment Management

Address: 828 University Ave, Sacramento, California, United States, 95825


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