- Report: #313653
Report - Rebuttal - Arbitrate
Complaint Review: Flagstar Bank - Mark Liley
Flagstar Bank - Mark Liley5151 Corporate Drive Troy, Michigan U.S.A.
Flagstar Bank - Mark Liley Unfairly removed from their approved appraiser's list Troy Michigan
*Consumer Comment: Impossible situation
*Consumer Comment: Mr. liley update
*Author of original report: My apologies to Mr Liley...
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It has come to my attention that the same appraiser was then hired to do a new appraisal. It was shocking to find out that this very appraiser not a week later now valued the home $65,000.00 higher than the value he stated on my review. ($275,000.00)
This "chief appraiser" Mr Liley, at Flagstar has been giving me the run around for weeks now and never returns a phone call. The last contact was several weeks ago and that an impartial reviewer be hired to get their opinion. Well, no resonse to this. I am assuming that the review went in my favor and now Mr Liley is up against a rock and a hard place. I refuse to let this go. This is my livelyhood and he has caused me to loose untold income from some of my lenders who now, cannot use my appraisals.
I intend to follow this to the "top" executive officers if only to have this Mr Liley looked at for his practices. Not only did he try to give me false information regarding his investigation into my comparable sales, he is profoundly unprofessional in his practices.
I am filing complaints with the State of Michigan against Flagstar Bank and Mr. Liley himself with the state appraisal board for what I see as ethics/standards violations and improper appraisal practices. I am also filing a complaint with the I.D.F.P.R. against this "review" appraiser for stating a value of $210,000.00 and a week later stating the same home was $275,000.00
This report was posted on Ripoff Report on 03/01/2008 12:16 PM and is a permanent record located here: http://www.ripoffreport.com/r/Flagstar-Bank-Mark-Liley/Troy-Michigan/Flagstar-Bank-Mark-Liley-Unfairly-removed-from-their-approved-appraisers-list-Troy-Mich-313653. 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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