I have been working with a mortagage company for over a month, trying desperately to get out of an ajdustable rate mortgage I currently have. They lead me on week after week how close they were to closing. The only problem they said was they weren't happy with the appraisel, so he sent a second appraiser to my house. After about 5 weeks, he sent me an email stating that he couldn't re-finance me, given the way the market is, and I owe too much on the house. The true shocker was when he said I needed to send him a check for $700 to cover the 2 appraisels. I was horrified, and said to him that it seems like a scam because he never mentioned any cost to me, ever. He never answers my questions directly when I ask him why, (such as why did he send 2 appraisers, fed me lines for weeks, and never mentioned cost to me) yet says he will sent me to collections and it will ruin my credit. Was I possibly scammed? How do I handle this?
Thanks so much for your advice.
2007-12-06
12:38:08
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6 answers
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asked by
Ellen
1
in
Renting & Real Estate