• Report: #571895

Complaint Review: Primary Capital Real Estate & Mortgage

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  • Submitted: Fri, February 19, 2010
  • Updated: Mon, January 28, 2013

  • Reported By: steven — temecula California U.S.A.
Primary Capital Real Estate & Mortgage
29992 Hunter Road, Suite 105-193 Murrieta, California United States of America

Primary Capital Real Estate & Mortgage Kristi and Boyd Roberts Mortgage and Real Estate Scamers Murrieta, California

*Author of original report: Boyd Roberts and Kristi Roberts Primary Capital Update

*REBUTTAL Owner of company: THIS DIDN'T HAPPEN ON ANY LEVEL AND IS A LIE

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Boyd Roberts refinanced our home and quoted our loan fees which were where told would be zero--he would only take his fee from the bank. Our closing date was fast approaching and we were very nervous, he delayed and delayed until the last possible day. When he had his notary arrive our fees were over $5,000 dollars for the loan. When we balked and had the notary call him (he was on speaker and did not know) he told the notary that we had to sign or it would not close and that we had not choice but to sign. Further, he told the notary "do not come back here with out those documents signed, I don't care what you have to do." We signed and reported him to the DRE and nothing has ever come of it.



 In addition to this loan, when we could no longer make our payments because the loan was an adjustable and increased by almost $800 per month his wife Kristi Roberts told us that she could "short sale" our home, that we could live there for free for "probably a year".



 She instructed us to stop making our payments so that, as she put it, the bank would start talking to her.  We were evicted in 6 months and now live with my mother with our newborn child.



 We spoke to some of the people that used to work with Kristi and Boyd and they told us this is common practice--push the loan out so that the consumer will be forced to sign or loose the mortgage/home they want--that way they don't pull out because of the fees. They then target all of those adjustable rates they sold and try to get the home owners to short sell their home. It is against the DRE ethical standards to entice someone to stop paying their mortgage in order to make a sale.



 These two are bad news here in Temecula and Murrieta, CA. They need to be stopped and the department of real estate is not doing anything.



 


This report was posted on Ripoff Report on 02/19/2010 12:12 PM and is a permanent record located here: http://www.ripoffreport.com/r/Primary-Capital-Real-Estate-Mortgage/Murrieta-California-92593/Primary-Capital-Real-Estate-Mortgage-Kristi-and-Boyd-Roberts-Mortgage-and-Real-Estate-Sc-571895. 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 1Employee/Owner
Updates & Rebuttals

#1 Author of original report

Boyd Roberts and Kristi Roberts Primary Capital Update

AUTHOR: ISO Disgusted - (USA)

New friends of ours have recently encountered the same problem with short sales through Kristi and Boyd--Primary Capital Realestate.  I encourage all who have been harmed by Primary Capital Realestate and Kristi and Boyd Roberts to contact the Department of Real Estate.
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#2 REBUTTAL Owner of company

THIS DIDN'T HAPPEN ON ANY LEVEL AND IS A LIE

AUTHOR: Kristi Roberts - (United States of America)

There has never been a loan made by Boyd Roberts and a subsequent short sale transaction performed by Kristi Roberts made to a "Steven" or anyone else.  This scenario has never happened.  This report has been made for the purposes of harrassment.  We have never had a complaint made to the Department of Real Estate on this or any other matter. 

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