- Report: #1036887
Report - Rebuttal - Arbitrate
Complaint Review: Factory Exp Homes Chandler AZ
Factory Exp Homes Chandler AZ6420 West Allison Chandler, Arizona United States of America
Factory Exp Homes Chandler AZ Alta Cima Corp Not refunding my $7K Escrow even though I did not qualify for a mortgage loan. No products or services were redered. Chandler, Arizona
*Author of original report: Issue Resolved
*Author of original report: A.R.S. 41-2180 Trust & Escrow Requirements, Rules, Exemptions
*Author of original report: A.R.S. 32-2151
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I did not qualify for a mortgage loan because I am retired US Army Veteran and living off of my pension and it was not considered adequate income even though I offered a large down payment, had a high credit score, and owned the land.
Therefore, the deal collapsed the home manufacturer refused to refund my "down payment". They did not begin the project and they did not incur any costs. No product or service was exchanged.
This caveat was never explained to me upon signing of the contract to build a manufactured home. I consider this an unethical business practices. They just gave me excuses, stalling, and lies, but not a refund.
This report was posted on Ripoff Report on 03/21/2013 07:45 PM and is a permanent record located here: http://www.ripoffreport.com/r/Factory-Exp-Homes-Chandler-AZ/Chandler-Arizona-85226/Factory-Exp-Homes-Chandler-AZ-Alta-Cima-Corp-Not-refunding-my-7K-Escrow-even-though-I-did-1036887. 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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