• Report: #962784

Complaint Review: California Homebuyers Center

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  • Submitted: Wed, October 31, 2012
  • Updated: Fri, January 11, 2013

  • Reported By: Come on Man! — Los Angeles California United States of America
California Homebuyers Center
2279 Eagle Glen Parkway #112-478 Corona , CA 92883 Internet United States of America

California Homebuyers Center cahbc Excessive overcharge fees on closing cost , Internet

*REBUTTAL Owner of company: We are NOT A LENDER

*Author of original report: Prove that California Homebuyers Center Excessive overcharge fees

*REBUTTAL Owner of company: first complaint in 23 years.

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I strongly warned you all not to apply for the home loan at California Homebuyers Center (CAHBC.COM). They gave you an excessive overcharge on closing cost fees.

If you don't believe me, I urge you to go and buy a book called "Mortgage RipOffs and Money Savers" by Carolyn Warren. You can buy it at Amazon.com. And compare what the book says and what CAHBC gave you a good faith of statement.

I lost two beautiful homes because of CAHBC excessive overcharge fees. It forced me to bid much lower offer than what the seller asked for.  I never knew that it's not normal. Thank God that I found a book by accident and read it. I realized that CAHBC are too greedy.

I strongly urge you all not to apply for them. Find somewhere else that offer much lower closing cost fees that you can afford!

This report was posted on Ripoff Report on 10/31/2012 02:15 PM and is a permanent record located here: http://www.ripoffreport.com/r/California-Homebuyers-Center/internet/California-Homebuyers-Center-cahbc-Excessive-overcharge-fees-on-closing-cost-Internet-962784. 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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REBUTTALS & REPLIES:
1Author 0Consumer 2Employee/Owner
Updates & Rebuttals

#1 REBUTTAL Owner of company

We are NOT A LENDER

AUTHOR: Chelsea Price - (United States of America)

We do not make offers on homes nor do not sell homes. So, we did not cost you the loss of a home.

We are not a Lender & have nothing to do with Premier Funding Network.
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#2 Author of original report

Prove that California Homebuyers Center Excessive overcharge fees

AUTHOR: Come on Man! - (United States of America)

Hello Everyone,

I am more than happy to show you the Fee Details worksheet that they sent me. I can show you what fees are too excessive and several fees are not necessary to charge which is profitable for them. Even more, they charged Loan Origination Fee is 2%. It's pretty high compare with most lenders that offer 1% or none.

In this way, you can compare with my fee details worksheet and "Mortgage RipOffs and Money Savers" by Carolyn Warren advise about those fees. I assure you that you will be surprise how rip off they are!

Yes I am aware that they are A+ rated company on BBB. That is because most people do not know about the Mortgage fees. Most people thought it's normal closing cost fees. That is why most lenders take advantage of people's money! If they ever read the Mortgage ripoffs and money savers book, they surely will never accept it and will never sign the loan with the CAHBC or Premier Funding Network and never will.

Arizona ? You are not reading the report carefully. Look at the top of the report that tell the location - "REPORTED BY - XXXXX  LOS ANGELES CALIFORNIA!".  It's related to California, not Arizona.

Stop lying! I think you don't need to rebuttal again because you know it! Enough is enough! I found a lender that only charge me 5000 dollars total closing cost fees! Yours is average of 11,000 dollars closing cost fees. That show a big difference. I lost two beautiful houses when made the offers because they don't want to pay for high closing cost fees. And I cannot afford that high closing cost fees too. I thank God that I never make a loan with you guys after I read the book! And it helped me to find a better leader with low closing cost fees PLUS low rate! Too bad, that I lost two best houses I ever found because of you ripoff CAHBC or Premier Funding Network mortgage company!

My job to help and open the eyes of the public to learn more about Mortgage loan and how they can save their money without losing too much money to the Lenders.

By the way, California Homebuyers Center is same as Premier Funding Network. Same company. Stay away from this Lender!
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#3 REBUTTAL Owner of company

first complaint in 23 years.

AUTHOR: Chelsea Price - (United States of America)

Please file a complaint with the BBB. As were are an A+ rated company that follows all guidelines to resolve any issue. Im confident you want, because this is false!

We are not a mortgage company nor do we sell real estate. We offer a free matching service to assist homebuyers. NO FEES ARE CHARGED.

The day after this complaint was filed, we were contacted by a "reputation management " company charging $1000's to remove this false complaint. Coincidence?? not likely.

Additionally, this post is from Az. we have never done business in Az.

The main point of this complaint seems to be pushing a book? Again, we welcome you to come out and file a real complaint that we can prove false.

Very truly yours

CaHBC
P.S please check out our BBB report. We link it to our website  www.CaHBC.com
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