Report: #1479455

Complaint Review: Loan Depot - Foothill Ranch, Gladstone, Marquette CA, MI, MI

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  • Reported By: Pamela — Pflugerville Texas United States
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  • Loan Depot 26642 Towne Centre Dr, 5530 Chaison 23.5 Rd, 1900 Presque Isle Ave Foothill Ranch, Gladstone, Marquette, CA, MI, MI United States

Loan Depot Affordable Appraisers, Inc Look Realty Misrepresentation of property Foothill Ranch, Gladstone, Marquette CA, MI, MI

*Author of original report: Adding on forgery with the fraud

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We bought property in Michigan a couple of years ago and found out a month later, after closing, that we didn't get what we paid for.  The property was misrepresented.  We thought we were getting 5 acres, but it was only 3 acres.  We, also, thought we were getting access to the river directly behind our house, but that property belongs to someone else.  We found that out when we were trespassing. 

I can prove everything I'm saying.  We have the appraisal, showing 5 acres for funding.  We have the description of the property, when it was advertised, which also shows 5 acres, plus describes the access to the river directly behind the house. 

I filed a claim with the title company insurance.  I received back a letter, from the insurance co., denying our claim.  In that letter, it states we got 3 acres, not 5, and our property does not lie on the Ford River.  We also had a survey done to verify the information.  The survey shows 3 acres, as well. 

We've been fighting this ever since just to be done fairly.  I wrote letters of complaint to the parties involved and either got no response or a threat.  In the complaint letter, I did not include the appraiser, but the title company instead, which is why I filed a complaint with the title insurance co.  I complained to the US Appraisers online about the appraiser that did our appraisal, twice.  First time, I did talk to a supervising appraiser, but he quit responding to me.  This last complaint, I've heard nothing.

Loan Depot sold our loan just last year, which makes the new bank a party in this misrepresentation, just by association.  That is unfortunate for them.

Buyer beware if you use any of these companies Loan Depot, Look Realty Inc, or Affordable Appraisals Inc, when purchasing real estate.

This report was posted on Ripoff Report on 05/27/2019 01:55 PM and is a permanent record located here: https://www.ripoffreport.com/report/loan-depot/foothill-ranch-gladstone-ca-1479455. 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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#1 Author of original report

Adding on forgery with the fraud

AUTHOR: Pamela - (United States)

POSTED: Sunday, October 13, 2019

Recently, I was looking through my paperwork and looked closer at the purchase agreement.  The signatures weren't even close to ours.  Our signatures match the person that actually wrote up the agreement, all the signatures involved do, very obvious.  When I pull up the agreement online, I get a docusign error that states at least one signature has problems.  Now I can add forgery.

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