Complaint Review: Reverse Mortgage Solutions - Houston TX
- Reverse Mortgage Solutions Houston, TX United States
- Phone:
- Web: Houston, TX
- Category: Con Artists, Bank fraud
Reverse Mortgage Solutions Foreclosed and sold home September 25th, 2018 Houston TX Texas
*Consumer Comment: More to the story
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Got a reverse mortgage thru one company and they sold it to Reverse Mortgage Solutions who in turn immediately went to tax office and changed mailing address to their office. I did not receive any tax bills and RMS paid taxes for a year or two. I finally caught wind of this and made an agreement to pay these back on a repayment plan. I was making payments and RMS sent EVERY payment back to me for one reason or another, i.e., they received funds too early (they could not hold over 6 days, I did not sign Money Order, Insufficient Funds wherein my bank said these checks never hit the bank. To make a long story short, I am now homeless and RMS has sold my house to their bank for much less than what I owe. They would not sell me the house for $99K as I owe $107K.... but,RMS was able to sell it to their bank for that. I still have not received any information regarding this sale. I honestly believe this was their agenda to begin with. So much for 2 old ladies who have lived in this house for 20 years. To make matters worse, my Father paid this house off before he died and we lost $103K..... People beware and do not get a reverse mortgage.... it is a scam!
This report was posted on Ripoff Report on 11/10/2018 03:05 PM and is a permanent record located here: https://www.ripoffreport.com/reports/reverse-mortgage-solutions/houston-tx-88316/reverse-mortgage-solutions-foreclosed-and-sold-home-september-25th-2018-houston-tx-texas-1467102. 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
More to the story
AUTHOR: Jimmy - (United States)
SUBMITTED: Thursday, November 22, 2018
Reverse Mortgages are regulated, You cannot just loose your home. Your stmt is false.
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