Complaint Review: Home Buyer Connection - Phoenix Arizona

BR was NOT an employee of Home Buyer Connection and now ZipE Zoo makes his comments: HOME BUYER CONNECTION represents potential danger to prospective clients. Consumers should enter into business relations with extreme caution. While billing itself as a BUYERS AGENCY, it remains unclear as to whether sales efforts are in clients best interests. Marketing efforts are directed towards the public (apartment dwellers) by means of mass mailings where potential clients are wowed by artificially low monthly payments. When customers call the office they are given a carefully scripted PHONE SPIEL that assoicates must deliver. Customers entering the office are told how LOW their monthly payments will be. The payments can be misleading since the come on is a SPECIAL TWO-ONE BUYDOWN PROGRAM. In fact the Home Buyer Connection Inc. touts over 90 such programs. This is just smoke and mirrors!!! Buyers should proceed with extreme caution. There are in fact NO unusual programs that are not available with any real estate agency or builder though these do vary from place to place. The SPECIAL TWO-ONE BUYDOWN, may in fact be dangerous to the prospective buyers who are most often underqualified to purchase. While there ARE artificially reduced first year payments, payments in subsequent years may increase by $150 dollars a month or more!!! In reality the buyer is paying for the cost of the 2-1 buydown over the life the mortgage. Buyers will be much more likely unable to make monthly house payments in successive years because of this tactic. The default rate of Home Buyer Connection clients is therefore much higher than the Valley average. A home buyer who is losing their HOME is not concerned about the default rate you are concerned about the loss of your HOME, Your CREDIT, and your HARD EARNED MONEY. If FAMILIES are displaced as a consequence there is real suffering. Another DANGER to buyers is that of being UNDER-qualified to make a purchase. Home Buyer Connection tactics include bringing potential buyers to NEW HOME communities where they will need to make good-faith deposits of perhaps $500 to $2500. While new home builders are VERY HONEST, if a buyer does not qualify that buyer may LOSE part or ALL of their earnest money. HOME BUYER CONNECTION is not a full service realtor. How can an agent represent the BEST interests of a client if THEY ARE NOT ALLOWED to tell clients about existing homes (it is not convenient for HOME BUYER CONNECTION to sell used homes. They want the FAST money.

The individual who filed this report, "BR", is a former employee whose employment was terminated by Home Buyer Connection, Inc. due to his inability to perform according to the Company's standards. He is the only employee that has ever been terminated by Home Buyer Connection, Inc. Home Buyer Connection, Inc. does not rip off employees. It is a Buyer's agency that diligently and honestly represents and serves its customers. The Company is an asset to the community in assisting lower and moderate income buyers to locate homes and financing needed to purchase homes. The report of BR is totally false, unsubstantiated and a simple case of sour grapes over the termination of his employment. President