Dan Depasquale - DREC - Diversified Real Estate Consultants Paid to handle my loan modification & did the same thing I could've done on my own. Akron Ohio

Due to financial changes, I was forced to modify my mortgage.  I paid a retainer fee of $1450.00 to DREC and received a contract from them stating they would be handling all contact & negotiating with my lender (JP Morgan & Chase) as I definitely qualified for a modification.  This began back in June, 2009. 

After receiving a folder of what appeared to be well-prepared documents (most of them sent to DREC by me, but organized by them for presentation to my lender), I had to stay on top of the "negotiators" at DREC.  After a few months & receiving a foreclosure letter from my lender, I contacted Dan DePasquale, the owner of DREC.  I requested they honor their 100% refund policy as nothing was being done by "the team," which was always changing players. 

After speaking with various people at Chase, I was informed the only thing done by DREC was to fax my documents to them - NO negotiating had taken place by ANYONE at DREC.  I made Dan DePasquale aware of this & received a response of "welcome to my world of dealing with lenders!  We've helped you."  After that (this was in Nov. 2009), I haven't been able to reach anyone at DREC either by phone of by email.

I want my money back per DREC's contract - 100% guaranteed as it's "held in escrow until the modification is completed."  I can't reach anyone there, they refuse to respond to the BBB.