Miss Guardian
Sharks Paradise,#2Consumer Suggestion
Sat, March 28, 2009
Dear Underinsured: This must be a mistake, how can this be? What is this difference in ratio of what you say is underinsured to what you think it should have been? Please state how much of a $$$ difference? They are well within their right to make this check a multiple name party check but in doing so it seems highly suspicious of how they appear to be going about it! Please photo copy the check front and back?! Our suggestion is prepare an affadavit VIA: By stating the Instructions given by GMAC regarding the check & state how you believe there is a difference of value, state you shall follow their instructions only if authorized by a SUPERVISOR of whom must send you a letter stating as such! This way you have a paper trail, a supervisor name, a supervisor signature, a date and instructions but before they send you this letter per authorized instructions of Supervisor request that they have that letter "NOTARIZED". These are all suggestions from us that we hope & pray you consider carefully before you make your own & final decision. We are not lawyers nor do we give any legal advice! But we hope & pray for all victims of GMAC/Deutsche Bank/Nationstar/Countrywide plus more... because we read HORROR Stories everyday! God Bless YOU!
Daniel
Ft Lauderdale,#3Consumer Comment
Wed, January 28, 2009
i have never heard of a mortgage co letting some one be underinsured. they do keep up on that fact. not that im defending gmac i hate them so much iv worn my teeth down any way i would check with your ins agent it maybe their fault also and check to see if other ins policys cover some things. no as far as the check what gmac is telling you is correct if the ins check is over a certain amount their name will be on it it to prevent you from spending it on that winter cruise to the tropics and not the repairs. you have to sign the check send it to them (make a copy of it PLEASE) start getting estimates from contractors use the cheepest one send it to gmac and ask for a check for the start up of repairs this will be in the contractors name not yours. about half way through you need to get another and then another . so now the moneys are all gone you are a thrid of the way through so guess what now its your turn so out of your pocket you will now pay for the rest of the work i would suggest you get a second job to pay for it this is the price you pay for not paying attention to your ins policys bite the bullet and prepare for the worse time of your life i know been there done that also one other thing MAKE SURE THAT YOU GET A CONTACT PERSAON AND SPEAK ONLY TO THAT PERSON EVERY TIME YOU CALL THEM IF NOT YOU GET BOMBAY INDIA EVERY TIME AND ITS A CALL CENTER PEOPLE NOT GMAC GOOD LUCK