An email from EZ Access
In response to yesterday’s post about the California “predatory investor” whose company, EZ Access Funding, owns the vacant house on West 83rd that exploded and burned Monday, I got the following email last night:
Dear Mr. Callahan,
We have seen your blog online. Since we found out about the explosion on our property in Cleveland we have been in crisis mode. We have found out that a young man named Travis had been stealing everything out of the home. We did have the property inspected last week prior to the explosion and it was left secured. The neighbor did tell our inspector that the property was vandalised several times and he was keeping an eye on it for us.
Another fact is we NEVER authorized the gas to be turned on on this property and are still investigating who did turn the gas on. Please know that someone other than us has made statements about us without speaking to us directly. We are renovating one home at a time so as not to leave the proeperties vacant.
I am offering you an airline ticket to come out and meet me in person to discuss the matter.
Marc R. Tow
Marc R. Tow & Associates
3920 Birch Street, Suite 102
Newport Beach, CA 92660
Telephone: 949-975-0544
Fax: 949-975-0547
marctow2000@yahoo.com
www.towlaw.com
While I appreciate Mr. Tow’s response, I’m obviously the wrong person to be inviting out to Newport Beach to talk things over. If I were in “crisis mode” about a property of mine that blew up half the neighborhood and displaced dozens if not hundreds of neighbors, I’d be talking to the Cleveland police. And the fire department. And the Councilman, who’s raising money to help some newly homeless people who need the price of a plane ticket a lot more than me. Or I’d be using that ticket to come to Cleveland myself to see what I could do to help.
Maybe Mr. Tow is already doing all these things. I hope so. Just in case he isn’t, I’ve forwarded Mr. Tow’s email to Councilman Matt Zone and the staff at Detroit-Shoreway Development.
More later.
Update: lmiller at RealNEO points out that Marc Tow is the subject of an active capias warrant from Cleveland Housing Court, dating from a failure to appear for a hearing on one of EZ Access’s East Side properties in June… next court date set for February 4.
February 19th, 2010 at 9:28 am
History on Marc Tow
Investment scams artist: http://www.sec.gov/divisions/enforce/extra/lr17144complaint.htm
Resulting penalty by SEC: http://www.sec.gov/litigation/litreleases/lr18294.htm
July 18th, 2010 at 9:32 pm
[...] If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!I’m not surprised, but then again, I’m in the business. I know a pesky Utah investor, for example, who owns a lot of property here, keeps trying to buy my listings at outrageously low prices. I know of others, and you probably know of the foreclosed properties owned by large banks like Deutsche and Wells Fargo. There is more to the story. I just recently started blogging again, which means I recently started reading blogs again. Bill Callahan and his Callahan’s Diary is still diligent about foreclosures and housing issues. I’m bringing your attention to two. One is basically a google map that shows how many properties are owned by an investment company on the left coast. The next one includes a letter to Bill from that investment company. [...]