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Report: #632359

Complaint Review: Amerisave Mortgage Company - Atlanta Georgia

  • Submitted:
  • Updated:
  • Reported By: Senior Citizen — Pennsylvania United States of America
  • Author Not Confirmed What's this?
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  • Amerisave Mortgage Company Atlanta, Georgia United States of America

Amerisave Mortgage Company This Senior Citizen is another victim and out $285.00 Go elsewhere for new mortgage or refinancing. Atlanta, Georgia

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I was looking to refinance and paid $285 for credit report and appraisal. Apparently, Amerisave requires such stringent appraisal requirements that the appraiser used a distress sale in our community as the lead comp and had numerous other critical errors in the appraisal report. My $300+ new home was appraised for $70,000 lower than it was six months earlier! When errors were brought to the attention of Amerisave they blew me off and told me to go find (hire) a realtor and identify some additional comps- did not request the appraiser to review or correct the report. That's when I knew they were unethical.  Kept the $285 and declined the application. In PA you have no recourse without bringing legal suit.

This report was posted on Ripoff Report on 08/17/2010 01:17 PM and is a permanent record located here: https://www.ripoffreport.com/reports/amerisave-mortgage-company/atlanta-georgia-/amerisave-mortgage-company-this-senior-citizen-is-another-victim-and-out-28500-go-els-632359. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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