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Report: #828771

Complaint Review: Greenlight Financial - IRIVINE California

  • Submitted:
  • Updated:
  • Reported By: RSM victim — Rancho Santa Margarita California United States of America
  • Author Confirmed What's this?
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  • Greenlight Financial 18200 Von Karman Ave. Ste.300 IRIVINE, California United States of America

Greenlight Financial Jennifer Sale BOGUS ASSURANCE THAT MY HOUSE WOULD APPRAISE TO VALUE NEEDED TO GET MY BUSINESS IRIVINE, California

*Author of original report: THANK YOU FOR THE REFUND JENNIFER

*Consumer Comment: Wrong Company

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Beware of using Greenlight Financial!! I felt deceived and cheated out of $350.00. The loan consultant, Jennifer Sale, assured me that my house value was close to what it needed to be so I can refinance my loan. I asked multiple times to please verify this with her apparisal dept. before I spend $350. on an appraisal (which is non-refundable). I even checked some other appraisal websites myself.

She got back to me a day later and assured me that all the values in the comparables she was looking at were confirmed by her appraisal dept. She was so positive and so sure of the home values she was using. She said my home value was close to $550,000 GUESS WHAT -- the appraisal came back $40,000 short of what she said it would be...I was very, very UPSET to say the least. She wasn't even CLOSE. She said she was also SHOCKED at the report. She did not even bother to explain to me verbally what negatively affected my appraisal. She just emailed me and said SORRY.

The appraisal company they used (360 Appraisal co.) did very SLOPPY work. The picture in their report was NOT MY HOUSE. The tract map they had was also wrong, it was another neighborhood. The picture of one of the comparables was actually the picture of my house. There were so many inconsistencies in their report so how can Greenlight Financial even do business with this appraisal company and to top it off Greenlight backed them up and said there was nothing wrong with the report.

Greenlight needs to compensate me for this incompetency! I agree with the the ripoff report from D & H R from Seal Bch posted on Dec 10,2011 -  I quote:

"Greenlight misled us and to make matters worse we were out $350.00. I smell a scam here. I wish I make $350.00 per 30 minutes. We lost $350.00 because the Greenlight Loan Consultant was not up front with us and failed to inform us that our application can be turned down due to the fact that we fall under the three Criteria I mentioned above. If only they were honest and had integrity I wouldn't have to write this complaint to warn the public. With the downturn of the Economy, we can't afford to lose $350.00 just like that with the possible intent to defraud."

This report was posted on Ripoff Report on 01/25/2012 10:46 PM and is a permanent record located here: https://www.ripoffreport.com/reports/greenlight-financial/irivine-california-92618/greenlight-financial-jennifer-sale-bogus-assurance-that-my-house-would-appraise-to-value-n-828771. 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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REBUTTALS & REPLIES:
1Author
1Consumer
0Employee/Owner

#2 Author of original report

THANK YOU FOR THE REFUND JENNIFER

AUTHOR: RSM victim - (United States of America)

POSTED: Tuesday, February 07, 2012

Thank you Jennifer Sale for talking to your manager and getting my money refunded back to me. I am glad that you and your company realized that there was a need to compensate me. thanks!

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#1 Consumer Comment

Wrong Company

AUTHOR: Robert - (U.S.A.)

POSTED: Thursday, January 26, 2012
The appraisal company they used (360 Appraisal co.) did very SLOPPY work. The picture in their report was NOT MY HOUSE.  The tract map they had was also wrong, it was another neighborhood. The picture of one of the comparables was actually the picture of my house.
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Sounds like your issue is with the appraisal company not Greenlight.

If what you are saying is 100% true, it sounds like you have a very good claim to get your money refunded.   If it comes to it you may even want to file a Small Claims case, because I doubt that any court would agree that they did a proper job.   Your only real issue in this case would be who you "go after".  In most cases that would be who you paid.  If you paid Greenlight then you would most likely go after them, if you paid the appraiser directly you would most likely go after them.

Now of course this won't guarantee that the appraisal will come in with what you expect, but you should at least get an appraisal of YOUR house.
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