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  • Report:  #571895

Complaint Review: Primary Capital Real Estate & Mortgage - Murrieta California

Reported By:
steven - temecula, California, U.S.A.
Submitted:
Updated:

Primary Capital Real Estate & Mortgage
29992 Hunter Road, Suite 105-193 Murrieta, 92593 California, United States of America
Phone:
951-926-8358
Web:
http://primarycapitalca.com
Categories:
Tell us has your experience with this business or person been good? What's this?

Boyd Roberts refinanced our home and quoted our loan fees which were where told would be zero--he would only take his fee from the bank. Our closing date was fast approaching and we were very nervous, he delayed and delayed until the last possible day. When he had his notary arrive our fees were over $5,000 dollars for the loan. When we balked and had the notary call him (he was on speaker and did not know) he told the notary that we had to sign or it would not close and that we had not choice but to sign. Further, he told the notary "do not come back here with out those documents signed, I don't care what you have to do." We signed and reported him to the DRE and nothing has ever come of it.



 In addition to this loan, when we could no longer make our payments because the loan was an adjustable and increased by almost $800 per month his wife Kristi Roberts told us that she could "short sale" our home, that we could live there for free for "probably a year".



 She instructed us to stop making our payments so that, as she put it, the bank would start talking to her.  We were evicted in 6 months and now live with my mother with our newborn child.



 We spoke to some of the people that used to work with Kristi and Boyd and they told us this is common practice--push the loan out so that the consumer will be forced to sign or loose the mortgage/home they want--that way they don't pull out because of the fees. They then target all of those adjustable rates they sold and try to get the home owners to short sell their home. It is against the DRE ethical standards to entice someone to stop paying their mortgage in order to make a sale.



 These two are bad news here in Temecula and Murrieta, CA. They need to be stopped and the department of real estate is not doing anything.



 



2 Updates & Rebuttals

ISO Disgusted

temecula,
California,
USA
Boyd Roberts and Kristi Roberts Primary Capital Update

#2Author of original report

Tue, January 29, 2013

New friends of ours have recently encountered the same problem with short sales through Kristi and Boyd--Primary Capital Realestate.  I encourage all who have been harmed by Primary Capital Realestate and Kristi and Boyd Roberts to contact the Department of Real Estate.


Kristi Roberts

murrieta,
California,
United States of America
THIS DIDN'T HAPPEN ON ANY LEVEL AND IS A LIE

#3REBUTTAL Owner of company

Mon, October 25, 2010

There has never been a loan made by Boyd Roberts and a subsequent short sale transaction performed by Kristi Roberts made to a "Steven" or anyone else.  This scenario has never happened.  This report has been made for the purposes of harrassment.  We have never had a complaint made to the Department of Real Estate on this or any other matter. 

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