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No contract verbal or written

Date: Thu, 11/02/2006 - 16:37

Submitted by anonymous
on Thu, 11/02/2006 - 16:37

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Total Replies: 3


Ace Mortgage has a scam.With FHA loans,you have to do some things to your home. They tell you that it will come out of your cash out on a re-finance.They tell you they will hide it in closing costs, then the contractor tries to sue you or put a lien against your home.We had no contract or verbal agreement with contractor. Ace Mortgage did all the agreements. A good scam or what? Anyone had this happen to them around Jacksonville,Fl


I think I read something very similar on another thread. Almost the same scenerio and the homeowner was sued by a subcontractor. They paid the contractor who in turned hired a subcontractor and never paid them, so the homeowner was sued by the subcontractor with whom they had no idea they were and no contract.


lrhall41

Submitted by WHEREAMI? on Thu, 11/02/2006 - 16:50

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