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Report: #375335

Complaint Review: Mesa Bank - Mesa Arizona

  • Submitted:
  • Updated:
  • Reported By: apache junction Arizona
  • Author Confirmed What's this?
  • Why?
  • Mesa Bank 03 Main Street Suite 100 Mesa, Arizona U.S.A.
  • Phone: 480-649-5100
  • Web:
  • Category: Banks

Mesa Arizona Bank, Mesa Bank refuses to pay Mesa Arizona

*Consumer Comment: Did you?

*Author of original report: Mesa Bank

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We contracted to build a house for an individual who financed his construction loan through Mesa Bank. The Home owner ran into serious financial problems prior to the home being complete and was unable to qualify for a permanent loan to pay off Mesa Bank. Mesa Bank was aware of his financial problems and decided that we should go ahead and complete the home so it could be sold. They funded money to purchase material for completion but when it came time to pay for the labor they decided not to pay. The construction loan had matured and they refused to extend it, even though there is enough money not drawn on the original loan funds to pay for the outstanding bills. A mechanics lien will be filed against the property, but this doesn't help if they foreclose on the construction loan. My complaint is centered around them funding money for materials but refusing to pay for labor.

Shelly
apache junction, Arizona
U.S.A.

This report was posted on Ripoff Report on 09/23/2008 10:15 AM and is a permanent record located here: https://www.ripoffreport.com/reports/mesa-bank/mesa-arizona-85201/mesa-arizona-bank-mesa-bank-refuses-to-pay-mesa-arizona-375335. 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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#2 Consumer Comment

Did you?

AUTHOR: Robert - (U.S.A.)

POSTED: Tuesday, September 23, 2008

Did you ever have any sort of a written contract with the bank?

I can't understand why you or your company would continue to work without any payment for labor. I have many friends in the construction trades and they are very fickle-you don't pay them, they leave and don't come back.

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#1 Author of original report

Mesa Bank

AUTHOR: Shelly - (U.S.A.)

POSTED: Tuesday, September 23, 2008

we will contact 3 on your side.

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