Beth
Pontiac,#2Consumer Comment
Mon, June 12, 2006
Wow, here we go Brandon giving his "opinion" once again. I never received a thing from Vanderbilt. If they are so well organized why did I receive a check back from them when they "FORCED" insurance on my home when I had it paid in full for the year. Thanks to the Insurance Division State of Tennessee. Why don't you crawl off somewhere and give your "advice" elsewhere. What do you do at Vanderbilt? Damage control for their image?
Brandon
Knoxville,#3Consumer Comment
Tue, June 06, 2006
Everything that is added to your account is sent to you via mail. If you have a lapse in insurance or have failed to pay your property taxes, it is in your contract that this constitutes a default. The company has to secure its' interest in the home to make sure it is safe from damage or tax sales by a county. I know for a fact that these companies are the best in the industry. They offer more help than any other company and also will help with your individual situation. The problem comes in when you have something happen, and then avoid the calls. If the company has no contact with you, how are they suppose to know what has happened. With so many people just walking away from their homes, the company has to assume this is what has happened, and are forced to start securing their collateral. This company is in the business of giving money, not taking. The only reason they have to repo a home is because they are forced. It is the customer's responsibility to provide proof of insurance and proof taxes are paid. This is not the companies responsibility. They are not baby sitters. You are an adult, and should take care of yourself.
Aafes
Viernheim,#4Consumer Comment
Sat, June 03, 2006
Along with a payment book you should have received some other documentation. If not call and ask for it so you know exactly what they are trying to charge you for. It may be for items such as property insurance, tax escrow etc. They have to disclose these terms to you. As for the decrease in value mobile/modular homes depreciate differently depending on the location they are in (i.e. mobile home park vs owned lot) and how they are taxed locally. They do, however, have a fairly rapid value depreciation in the first 5 years.
Tom
Palm Bay,#5Consumer Comment
Sat, June 03, 2006
dude when someone purchases a mortgage note, they cannot change the terms on the note. Its federal law. I would suggest you call Vanderbuilt back and ask em what the increase was actually for. Any increase to a mortgage also has to have prior notice and they must tell you what its for. Also federal law. Since it sounds like you are already getting nowhere with these idiots, contact an attorney who should be able to deal with them quickly. cheers