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Report: #289779

Complaint Review: Quest Capital Funding - Dana Point California

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  • Reported By: San Pedro California
  • Author Confirmed What's this?
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  • Quest Capital Funding 24843 Del Prado, Suite# 295 Dana Point, California U.S.A.

Quest Capital FundingQuest Capital Funding Misleading Non-Performance Dana Point California

*Author of original report: Quest's redemption

*Author of original report: Retraction

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We dealt with this company for approximately 45 days. They indicated an interest in funding our transaction immediately. We continued in good faith to provide clarification and documentattion for their forthcoming letter of commitment. They asked for due diligence fees and we complied. 30 days in and the underwriter asked me for the address of the property. Duh! They had an appraisal. Towards the end, after they had the money for 2 weeks, we received our letter with conditions that the due diligence was to pay for. The return e-mails and phone calls came to an abrupt halt and the consumer lost his deal and so far, the money. These people are not that sharp. They work out of a house and lie alot. Beware. They say they are the lender and it's their money, yet they just failed to follow through or continue communications.

Robert
San Pedro, California
U.S.A.

This report was posted on Ripoff Report on 12/07/2007 03:50 PM and is a permanent record located here: https://www.ripoffreport.com/reports/quest-capital-funding/dana-point-california-92629/quest-capital-fundingquest-capital-funding-misleading-non-performance-dana-point-californi-289779. 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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REBUTTALS & REPLIES:
0Author
2Consumer
0Employee/Owner

#2 Author of original report

Quest's redemption

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

POSTED: Tuesday, June 23, 2009

I filed these statements after much frustration concerning this transaction. As it turns out, Quest's actions or inactions were due to an annual slowdown during the holidays. They picked it back up in early January and were at a point of completing this deal. The fact is, we needed to update certain information and my client failed to comply. This failure to comply, on the borrower's part is the reason we failed to finish this transaction. In this case Quest is redeemed in my Rolodex.

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#1 Author of original report

Retraction

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

POSTED: Friday, June 20, 2008

I filed these statements after much frustration concerning this transaction. As it turns out, Quest's actions or inactions were due to an annual slowdown during the holidays. They picked it back up in early January and were at a point of completing this deal. The fact is, we needed to update certain information and my client failed to comply. This failure to comply, on the borrower's part is the reason we failed to finish this transaction. In this case Quest is redeemed in my Rolodex.

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