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Ripoff Report | Holiday World of Review - Las Cruces, New Mexico
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Report: #1338532

Complaint Review: Holiday World of Las Cruces - Las Cruces New Mexico

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  • Reported By: GunSmoke80 — El Paso Texas USA
  • Author Confirmed What's this?
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  • Holiday World of Las Cruces 1285 Avenida de Mesilla Las Cruces, New Mexico USA

Holiday World of Las Cruces Won't Return Deposit after, due to preaproval expiring, having to exit the deal. Las Cruces New Mexico

*Consumer Comment: There has to be more to this story

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Having to back out of a deal that was never finalized with Holiday world because our 30 day letter of pre approval from our bank was/is expiring.  Called them to state we wouldnt be able to follow through with the purchase they told my wife that they may not be able to give us our money back?!  We put down 11,000.00!  Thats right 11 grand and they told my wife they may not be able to return our money because they ordered the rv for us.  In fairness our Sales Rep has been nothing but good to us but after one of the finance guys told my wife this I was steaming! If they realy dont give us our money back I'm not sure what I will do but I will flip in some way I'm sure.

This report was posted on Ripoff Report on 11/16/2016 07:34 PM and is a permanent record located here: https://www.ripoffreport.com/reports/holiday-world-of-las-cruces/las-cruces-new-mexico-88005/holiday-world-of-las-cruces-wont-return-deposit-after-due-to-preaproval-expiring-havi-1338532. 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 Consumer Comment

There has to be more to this story

AUTHOR: FloridaNative - (USA)

POSTED: Thursday, November 17, 2016

What does your contract say about cancellations and refunds? There has to be a clause in your contract that details what happens if you fail to get your financing.  I am not sure that an expiring pre-approval counts as financing falling through because normally a buyer/borrower can get an extension for financing unless you have had a change in circumstances since your initial application. 

As to keeping your deposit, the contract must say how much is non-refundable and under what circumstances they can keep some or all of your deposit. It would be worthwhile to consult with an attorney over this contract. 

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