Consumer reviews and reports on scam companies, bad products and services
Econohomes
Econohomes Visio Capital Open Letter to Clients/Employees/Investors Austin, Texas
30th of Jun, 2011 by User768876
Dear Clients, Employees and Investors of Econohomes- This is an update since my last posting titled "Usurious Lending & Deceptive Practices" in Austin, TX. As suspected my last report was rebutted by one of their loyal and faithful customers. In actuality, it is just as I foretold in my last report. This person Jerry Burns and his son, Robert Burns wrote this report on behalf of Econohomes because they receive thousands and thousands of dollars for referring people to Econohomes. Neither of them have ever bought a home themselves but claim to have received referral commissions on 100-150 sold properties from Econohomes. They are friends of one of the owner's, Lindsay Younts, who it seems, put them up to writing the rebuttals. Robert Burns was very cordial on the phone. If you have questions of your own, feel free to call him as I did. His number is 760.607.8513 since his fathers number that was left on this site does not work. Who better to explain the inner workings of a company than a former employee. I worked in the office for months and saw and heard what no customer could even believe. Jerry or Robert Burns have never been to the office. Of course the last post was written by a bitter ex-employee and here is why I am so bitter. I suspected the company of wrong-doing and predatory practices. When I brought up my concerns to management they fired me and then slapped me with a lawsuit. WARNING: To all employees or future employees of Econohomes, even though you do not have a non-compete, if you leave them, you may get sued. So far, I have estimated that Econohomes has racked-up a bill of over $80,000 coming after me in this ridiculous lawsuit in which they still have not declared how they were harmed by me. So, if you have not been getting your bonuses and spiffs that could be why. They would rather attack an ex-employee that has no money to defend himself instead of focusing on their business which is allegedly now under investigation. Also, any of your personal contacts including friends and family or business partners become their property and they will try to sue you if you contact them after you leave. WARNING: Customers should be careful because if anything unfortunate happens in your transactions they may have no problem suing you to protect their interests. NOTE: When you sign their contract you waive all your rights and assume all liability for a property that could end up having tons of legal issues. Investors: Again, I reiterate; make sure you know what kind of people and company you are dealing with before you invest.

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