Complaint Review: El Rancho Home Loans Inc - Oxnard California
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- Author Not Confirmed
- El Rancho Home Loans Inc 2655 vineyard ave Oxnard, California U.S.A.
- Phone: 805-983-2225
- Web:
- Category: Real Estate Services
El Rancho Home Loans Inc ripoff Oxnard California
*0: twain
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I started out in Jan. 2002 to buy my first home. I got pre approved, found a great agent and a home we wanted.
We opened escrow march7th 2002. There is a tenant that needed to be evicted, EL RANCHO HOME LOANS is the property management company, specifically JOE CERVANTES. After numerous telephone conversations he was telling us how the eviction was going through the legal process. One problem, the tennant was making no move to leave, so we couldnt close escrow.After being told it was "in the sherriffs hands, they are backlogged" by Joe, we waited and waited.
Finally our agent discovered, Joe had never filed an eviction! We also found out we are about to lose the house because it is going to auction due to loan default. We also discovered that RANCHO HOME LOANS INC has notes on the property.
So after three monthes we are now homeless[renting a room] and need to start over. I thought buying a home was the AMERICAN DREAM, not a NIGHTMARE.
twain
newbury park, California
This report was posted on Ripoff Report on 05/17/2002 01:56 PM and is a permanent record located here: https://www.ripoffreport.com/reports/el-rancho-home-loans-inc/oxnard-california-93030/el-rancho-home-loans-inc-ripoff-oxnard-california-21044. 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 0
twain
AUTHOR: - ()
SUBMITTED: Thursday, July 18, 2002
It is now 7-18-2002 and we still have not closed escrow, but we seem to be pretty close. It would appear that we are going to be able to resolve our differances with EL RANCHO HOME LOANS.
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