Let The Buyer Beware!!!!!
SAN CLEMENTE, CALIFORNIA -- I am updating a earlier post about this firm. Sorry that it is so long, but if we the people do not voice how we are being ripped off by others in today's world, how are we to know what to do. This applies to the individual here, who is of the NOW GENERATION and are ONLY interested in SELF PROMOTING THEMSELVES at the EXPENSE of OTHERS!!!!
This company is a subsidiary of Hopkins Federal Bank in Maryland and have people working from their homes across America on Reverse Home Loans. I have posted earlier about my experience with their San Clemente Location and this is a update.
Google "iReverseHomeLoansSanClementeca" you then will be taken to a YELP website with the person's name which we can not post here on my 3 cents. THERE IS A SELF WRITTEN POST about all the things this person can and has done. Personally, I would take 99% if it as BS and it is just a SELF ME PROMOTION that the young people have about themselves today. They really do not care about others, just their own well being doing so at others expense.
As my other post relates to selling a mobile home in Hemet, Ca. and this individual is handling the grunt work for the lender, for which I assume is Hopkins Bank. The Seniors purchasing the property are securing a Reverse Mortgage and escrow was to have closed on July 15, 2012. Well this person, because of their stupidity on how to actually do their job, despite what they say on their Yelp Web Post, has delayed the closing and wants the buyers and I to agree to a August 15th closing now. With the buyers driving from Oregon to Hemet along with their personal belongings arriving July 15th, they asked if they could rent back starting July 16th as we although that Escrow would be closing within a few days.
Well unfortunately the person at iReverse Home Loans learned that I was going to rent back to the buyers and was now demanding a copy of the rental agreement. I told her it it was NONE OF HER BUSINESS that I was renting back. Well this apparently p*ssed her off and she is now doing what she can to drag the closing out until August 15th. The BOTTOM LINE is that the actual lender did not require a copy of the rental agreement, so again this person is doing what she can to delay the closing of escrow. Her mode of operation now is > the Mobile Home had to have a permanent foundation installed, which was done, inspected by the City of Hemet, signed off July 18th meaning that the foundation met FHA/HUD Specifications and the Documents in her hands July 20th.
Monday July 23rd she tells everyone that it will take her 2/3 weeks to have her inspector go and check the work for which the City had all ready done, had approved and signed off on. Another of her stall tactics to get back at me. With her demanding UN-necessary items the original Escrow close date passed and thus her wanting an extension for 3 weeks. She does not know that I am aware her inspector was going to do his thing today, July 26th, and he with all the modern technology of emailing/faxing documents, can have that in her hands within hours, and she in-turn could send to the lender for approval and have Escrow closed and fund the sale in a day or two.
No, she being SELF SERVANT thinks she is punishing me, but with my knowledge of real estate transactions and persistence, have been able to over ride her demands with the lender agreeing to what I have said. The only exception being, she has delayed the closing of Escrow, and down the road, I will be taking her to court for derelict of duty fulfilling the contract/escrow details.