Report: #339906

Complaint Review: ASC - America's Servicing Company

Submitted: Friday, June 13, 2008
Last Posting: Thursday, June 26, 2008
Reported By: — Hypoluxo Florida

ASC - America's Servicing Company

1000 Scotia Dr Hypoluxo Florida 33462 U.S.A.

Phone: 866-857-3806
Web:
Category: Mortgage Companies

ASC - America's Servicing Company They were so unorganized hat they couldn't get back to me when I had full appraisal, there need to reparations Des Moines Iowa

1Author 1Consumer 0Employee/Owner

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I have been trying to sell my condo for quite some time. I had full appraisal offer from a viable buyer and ASC completely dropped the ball. They could not even get my Realtor Co and answer, returned calls- they were basically giving us a run around. They were very unorganized to say the least. I have already delayed foreclosure once in hopes that I could finalize this, however thay have not been even the least bit helpful. Now I have a foreclosure date set for July 10, 2008 and I am just frustrated because all of this could have been avoided. What is being done to compnaies like this..my credit should not be hurt because of there negeligence. I would be interested any kind of action that would help my cause.

Rich, south florida
Hypoluxo, Florida
U.S.A.

This report was posted on Ripoff Report on 6/13/2008 7:43:55 AM and is a permanent record located here: http://www.ripoffreport.com/mortgage-companies/asc-america-s-servic/asc-america-s-servicing-comp-w48w8.htm. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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#1 Consumer Comment

This doesn't make sense

AUTHOR: Bob Pace - Silver Spring (U.S.A.)

SUBMITTED: Thursday, June 26, 2008

How can ASC drop the ball on a full payoff? In the event of foreclosure, you should be able to obtain a payoff straight thru the attorney/trustee. Now if its not a full payoff and its a short sale, I could see how they could drop the ball. Especially being a servicing company, they don't make the call on whether or not to accept it. They must get the approval from the investor.

Short sales are basically a favor from the mortgage company to borrowers that didn't live up to thier end of the deal. I don't see how you can really say the mortgage company would be ruining your credit if they don't accept an offer short of what you agreed to pay.