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  • Report:  #917432

Complaint Review: Westbay Holdings LLC

Westbay Holdings LLC Heather Goldstein Deceptive, Preditory Lender, Preditory, Mortgage, Fraudulent Richardson, Texas

  • Reported By:
    anonymous — Dallas Ft Worth Area Texas United States of America
  • Submitted:
    Wed, July 25, 2012
  • Updated:
    Wed, July 25, 2012
  • Westbay Holdings LLC
    PO Box 836634
    Richardson, Texas
    United States of America
  • Phone:
    214-570-8816
  • Category:

Never even consider this lender/real estate company.  First, they will charge you an extremely high down payment on a home that will even then be underwater.  Second, they will assess a finance charge near 10% on a secondary Mortgage.  This means they have a mortgage as well, so you are not actually buying your home outright from the seller.  If you do make the fatal mistake of falling even one month behind on your mortgag payment (even a critical emergency) they will immediately FORECLOSE.  And even if you file bancruptcy to save your home, they will employ lawyers and make every attempt to have your bancruptcy dismissed.  The SCAM being to sell the same home over and over and over again, making them filty rich at your expense. They will even fail to pay your home insurance premiums to the insurance agent even though those payments are a part of your monthly mortgage payment.  They are by far the most preditory of all preditory lenders, heartless, unscrupulous, fraudulent, and above all preditory.  Stay Far away from them or you will regret it, GUARANTEED!!

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