- Report: #154955
Report - Rebuttal - Arbitrate
Complaint Review: Vanderbilt Mortgage - Clayton Homes
Vanderbilt Mortgage - Clayton Homes500 Alcoa Trail Maryville, Tennessee U.S.A.
Vanderbilt Mortgage - Clayton Homes Ripoff, Stuck with an unsellable Mobile Home Maryville Tennessee
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I bought a brand new unit in 2000 with a loan around 27000. Yes I signed the loan agreement and accept the liability of such agreement but what a huge mistake I had made.
I lived in the unit for a year and wanted to sell it. Could not come even close to what I owed and I lived in it myself and kept is as good as new. Here I owed 27000 and couldn't get an offer over 13000.
So here it is 6 years almost 7 years later, I still own it with around 21000 to 22000 still owed, supposedly at 10% interest and cannot even start to sell it. One of lifes little lessons I suppose and for a loan I would never recommend Clayton or Vanderbilt to my worst enemy !
Ash Grove, Missouri
This report was posted on Ripoff Report on 08/25/2005 11:27 AM and is a permanent record located here: http://www.ripoffreport.com/r/Vanderbilt-Mortgage-Clayton-Homes/Maryville-Tennessee-37804/Vanderbilt-Mortgage-Clayton-Homes-Ripoff-Stuck-with-an-unsellable-Mobile-Home-Maryville-154955. 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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