02-12-2009, 06:44 AM
In case you are in a need of financing, make sure you stay FAR FAR FAR FAR away from Island Home Capital! One of my clients is buying a house that was appraised at 10% more than the purchase price. (In this market the appraisers are very conservative, so you can bet this is a very good deal!) My client is putting 50%, yes, FIFTY PERCENT down and has a credit score of 800. We have been in escrow since December 8th and this joke mortgage company is unable to close the loan! We have received three different e-mails from them specifying the EXACT DATE of closing but the days just go by without even receiving a notice from them. In addition, they padded the original estimated closing statement so bad that if I were the client I would go after them big time! I don't often post about companies that I had bad experience with, but Island Home Capital is a joke, a totally unprofessional company.
Aloha,
John S. Rabi, GM,ARB,BFT,CM,CBR,FHS,PB,RB
808.989.1314
http://www.JohnRabi.com
Typically Tropical Properties
"The Next Level of Service!"
Aloha,
John S. Rabi, GM,ARB,BFT,CM,CBR,FHS,PB,RB
808.989.1314
http://www.JohnRabi.com
Typically Tropical Properties
"The Next Level of Service!"