Stacey
Traverse City,#2Consumer Comment
Mon, August 29, 2005
We were approved for a mortgage with Flagstar bank. We found our house and started the process. Things came up with the house and decided not to purchase. After telling Flagstar bank that we decided not to purchase this particular house, they went ahead with the appraisal anyways and then charged us $350. We have refused to pay it and will never deal with them again.
Bill
Phoenix,#3Consumer Suggestion
Wed, August 24, 2005
I have personally worked with Flagstar Bank as a mortgage broker for 15 years and never had one single appraisal cut or even harshly looked at. The problem is that you are using appraisers who are junk. Choose appraisers who don't overvalue properties and you will have no problems. The issue is with you, not with Flagstar. Quit your bitching.