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Matt Battiata Battiata Real Estate Company, Matt Battiata and his team are VERY DECIETFUL, lying realtors. They cheat people out of their money and they do alot of illegal things- read my report! Internet, California
This company is a huge OFFENDER to unsuspecting homeowners that are trying to keep their home as well in southern California. Matt Battiata (http://www.battiata.com/) advertises his "mortgage helpline" (http://www.sandiegomortgagehelpline.com/) as a free service to consumers that want loan modification help and "free" advice. Homeowners call their hotline and Battiata basically sells them on doing a loan modification to help the homeowner save their home.
HOWEVER - Battiata's plan is to take money upfront from the buyer, leading them on that they are doing a loan modification for the homeowner. They actually don't even try to do a loan modification and 2, 3, 4 months go by and they actually tell the homeowner they couldn't do anything and that they will now short sale the property for the homeowner. As you may know, there's ALOT more profit for them in a short sale transaction than a loan modification. They have the best scam in town and nobody's doing anything about it to protect the consumers.
Battiata also rarely accepts a buyers offer for one of his listed properties if the submitting broker isn't one of his- he does this to ensure the full commission (usually 6%) every time. They literally throw away offers on properties from other brokers! They have a very bad reputation.
Battiata also has his very own escrow company (how convenient) He uses his own escrow for the short sale transactions and on properties that the seller (REO) will not pay the full 6% commission, Battiata makes the borrower come into escrow and pay the difference of the reduced commission out of their pocket!! (so Battiata gets paid the full commission) The borrowers sign and addendum and it never gets recorded on the escrow instructions! They are as crooked as a snake! How do I know all this info? From actual ex-employees that have worked there and knew the inside scoop of how their operation worked.
1 Updates & Rebuttals
Another sucker
san diego,California,
U.S.A.
Another Wimp HIDING behind his name...
#2Consumer Comment
Mon, November 16, 2009
I used to work for Battiata Group and know for a FACT, that's NOT how he does business. They were audited, because of morons like you, for 5 months by the Dept. of Real Estate and they came up with NOTHING that was sneaky, suspicious, out of the ordinary. Usual business...anyone who knows anything about real estate knows it's not uncommon for a broker to have their own escrow, title company and usually some type of mortgage affiliate they do business with.
Everyone there are wonderful people and work above board so these types of claims come up empty. As usual, IF anyone reads this, notice how the retard posting didn't include specifics about his situation or any PROOF that this is what happens? Matt's team did do mods, but the banks were uncooperative and he also started doing them for FREE because he realized he shouldn't be asking for money when people couldn't even afford their payments, let alone mortgage. Yea, real scumbag he is...
Get your facts straight, stop hiding behind some user name with no details to back up your lame claim, and move on.