Complaint Review: Doug Bell - Windsor Illinois
- Doug Bell R.R.2Box110 Windsor, Illinois United States of America
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- Category: Mortgage Companies
US Bank is treating an insurance claim as a construction loan Windsor, Illinois
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I had an insurance claim on my home owners policy in August . US Bank refuses to sign the check so that I can get the funds to do repairs . They have informed me that I have to let them have the check and they will put it in an escrow account and disperse the funds in 3rds. Then I have to have an inspection done on the property. The kicker is.... The majority of the money. 12500 of 15000 was a machine shed that THEY DIDN'T HAVE ON THE Appasial and is not on the mortgage. They told me I had to put the money back into the property ---the house--- or they were going to automatically apply it to principle.... I do my own repairs being a self employed farmer and they are unwilling to pay me for MY labor.. This is the most unreasonable and difficult mortgage company to work with I have ever dealt with... At all costs ...avoid working with this company....they have NO IDEA WHAT THE REAL WORLD IS LIKE.....meanwhile no repairs have been done
This report was posted on Ripoff Report on 11/14/2012 07:21 PM and is a permanent record located here: https://www.ripoffreport.com/reports/doug-bell/windsor-illinois-61957/us-bank-is-treating-an-insurance-claim-as-a-construction-loan-windsor-illinois-969373. 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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