The most trusted and popular consumer complaints website
Explore your opportunities! Create an account or Sign In

Nicole West/Seller 2613 S.W. 14 th Dr. / Unwittingly Holding My Escrow Deposit

1 Deerfield Beach, FL, United States Review updated:
Contact information:
Phone: (561) 674-6555

Nicole West with Remax Mortgage company along with the owner of a property I was trying to purchase 2613 SW 14th DR. Scam, Rip Off, Not Advised "AT THIS MOMENT" to consider purchasing a home in Deerfield Beach, Florida 33442. I've be working with my realtor Linda trotter who has been great through the process. I was very excited to purchase this home for my family and myself. I spoke with Bank of America prior to even speak with Linda to start looking for a home. she was in touch with the bank as well confirming my pre approved amount. I found a home the was listed for $250, 00.00. I thought it was high compared to the Broward county real estate board of commissions as their website had it listed for $185, 000 2 years in a row. After what seem to be very elementary style sales tactics throughout the process I ended up agreeing to pay $241, 900. I put $6, 000k in escrow, paid for the inspection, appraisal and other misc. fees that we're throw at me. Now I'm in a position where the bank put the loan through under business income versus personal income and I only have 1.6 years in business where as I need 2 full years of profitable tax returns to get the loan needed. Now that I could not provide betty Tolbert at bank of America the required documentation she need. She sent me a denial letter stating insufficient length of time. I waited over a week to get this letter and Linda my realtor was right the every step of the way. The letter arrived on Tuesday afternoon at 1 15pm. I immediately contact Linda had it signed and faxed to her within hours. Now 2-3 days later the seller of the house, home, property in Deerfield beach, Fl. 2613 SW 14th Dr is refusing to sign the contract necessary for me to get my escrow money back. I feel as if I being scammed, ripped off, etc by the seller, Nicole West at Re-max Realty and Balisteri Realty Linda Trotter and Ann Defries. I will be updating this post as time goes on until I get my escrow money back. In the mean time if anyone has any information on what I can do to speed the process up, it would be greatly appreciated.

MT~3


Ding Ding

Nicole West/Seller 2613 S.W. 14 th Dr.

Sort by: UpDate | Rating

Comments

  • Da
      13th of Mar, 2010
    +1 Votes

    I strongly disagree with your opinion. I've work with Nicole in the past and she is nothing but professional and knowledgable. In addition, it seems like Nicole acted in the best interest of the party she represented, the seller. I am not an expert in real estate, but from what I remember, in a contract there is generally a mortgage contingence that gives the buyer 10 or 15 days to prove they can get a mortgage. If you provided the decline letter within that time period the seller could not stake claim to your deposit. I woud have to guess that you breeched the contract at some point which would have given the seller the right to claim depoist.

  • Re
      13th of Dec, 2012
    -1 Votes

    I own a real estate brokerage in FL and from what I understand Nicole, being an agent for RE/MAX does not control what happens to the deposit. The buyer and seller must agree to either make a claim or release in order for the escrow agent to release any money. Not sure that this complaint has much merit. It sounds like you are very frustrated and rightfully so no one wants to lose money, but your complaint should be with the seller not Nicole West. The only thing I would say is I would retain an attorney as that seems to be the only way you are able to facilitate the process. Good luck.

Post your comment