Saw someone get taken to the cleaners at the bank today.

[zahntech]

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I Went into the the bank today and was depositing a check, and a gentleman was waiting on his home eqt loan. The bank rep came in and said to him "The reason your loan is not yet approved is because you need an appraisal." He then continues his rant with what it does etc...The bill...$313.

After he leaves I said the the customer "you have a house, right?" He says yeah. An educated guess I say. I continue to say that I had a 2000 house that I wanted a home eqt loan on , and he is right you do need an appraisal, but it does not need to be done by their guy. What you need to do is get a Approved home appraiser to do it for you for far less than $313, This should take you 10 minutes tops as it did me. Anyways, he was embarrassed to go to the bank rep, and I said I don't give a crap that I told you what it is, they are trying to screw you. Anyways, he gets it done. for. $313.

What kills me is that the bank charges unsuspecting people outrageous prices for services and transactions, especially in instances when a service like this is done in a matter of minutes.:wink:

 

[AU_NSX]

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I Went into the the bank today and was depositing a check, and a gentleman was waiting on his home eqt loan. The bank rep came in and said to him "The reason your loan is not yet approved is because you need an appraisal." He then continues his rant with what it does etc...The bill...$313.

After he leaves I said the the customer "you have a house, right?" He says yeah. An educated guess I say. I continue to say that I had a 2000 house that I wanted a home eqt loan on , and he is right you do need an appraisal, but it does not need to be done by their guy. What you need to do is get a Approved home appraiser to do it for you for far less than $313, This should take you 10 minutes tops as it did me. Anyways, he was embarrassed to go to the bank rep, and I said I don't give a crap that I told you what it is, they are trying to screw you. Anyways, he gets it done. for. $313.

What kills me is that the bank charges unsuspecting people outrageous prices for services and transactions, especially in instances when a service like this is done in a matter of minutes.:wink:

I had my 93 MR2 in for service at a Toyota dealership today, and a gentleman was waiting on his car as well. The service advisor came in and said to him "The reason your car is idling and accelerating roughly is that it needs a new mass air-flow sensor." He then continues his rant with what it does etc...The bill...$313.

After he leaves I said the the customer "you drive a Celica, right?" He says yeah. An educated guess I say. I continue to say that I had a 2000 MR2 Spyder that acted as your Celica does, and he is right it is the MAF, but it does not need replacing. What you need to do is get a philips head screwdriver, remove the MAF, and get some carb cleaner, gently spray it a few times, and the black gunk on the sensors will dissapear. This should take you 10 minutes tops as it did me. Anyways, he was embarassed to go to the service advisor, and I said I don't give a crap that I told you what it is, they are trying to screw you. Anyways, he gets it done. 2 hours labor plus parts. $313.

What kills me is that the dealership charges unsuspecting people outrageous prices for parts and labor, especially in instances when a part like this is swapped out in a matter of minutes.

Wow... Anyone know what is going on here???

Taken from this thread: http://www.nsxprime.com/forums/showthread.php?t=64012

 

[blackcat]

Appraisals typically run $300-$350 in Phoenix....

 

[Carguy!]

Wow... Anyone know what is going on here???

Taken from this thread: http://www.nsxprime.com/forums/showthread.php?t=64012

A poor attempt at humor.

 

[deedubb]

Wow... Anyone know what is going on here???

fascesiousness

 

[Ko-nsx]

:biggrin: i was gonna post about my $8 cashiers check fee at US Bank but then i saw this.

 

[Meeyatch1]

A poor attempt at humor.

Agreed.

 

[Russ]

I thought it was funny. zahntech's Avatar sets up the sarcastic tone well.

 

[steveny]

Much different situation than auto repair. When dealing with a bank the borrower is forced into paying what the bank charges. The borrower can not go and find his own comps and put together his own appraisal. Unless of course you get a lazy ass appraiser and he doesn't want to do his job and neither does the realtor. The last appraiser to do work for me came up with a low value, much lower than my sale price. So I was left to find the comps and gave them to the appraiser. The prick still charged me the full 500 bucks for the appraisal AND AN ADDITIONAL 100 bucks to update it with the info I researched and submitted. There are lazy rotten good for nothing people in every industry. What really gets under my skin is when a lazy person some how ends up in a gravy job and makes a lot of money at that job. Just doesn't seem right.

 

[zahntech]

There are lazy rotten good for nothing people in every industry. What really gets under my skin is when a lazy person some how ends up in a gravy job and makes a lot of money at that job. Just doesn't seem right.

AMEN Brother!!....I was asked to pay the same fee at the same bank a few months back, I said no..I called an apraiser recomended by a realtor..she chargerd me 150$ gave me 6 comps....


Yes This thread was suposed to be in humor, just giving my banker friend a hard time :biggrin: :biggrin:

 

[steveny]

AMEN Brother!!....I was asked to pay the same fee at the same bank a few months back, I said no..I called an apraiser recomended by a realtor..she chargerd me 150$ gave me 6 comps....


Yes This thread was suposed to be in humor, just giving my banker friend a hard time :biggrin: :biggrin:

The last house I flipped I sold to a young couple. At the closing I was looking over the paper work. I was shocked to see the bank required TWO appraisals.

 

[ERICKGS3]

this was not funny. your feelings still must be hurt over the last thread. get over it.

 

[zahntech]

this was not funny. your feelings still must be hurt over the last thread. get over it.

I'm just having fun with it...My feelings were never "hurt"....I am fairly sure that djdrock will think it's funny too....If you don't, thats your problem:smile:

 

[djdrock]

Been away from prime for a day or so, and just saw a couple of mock "taken to the cleaners" threads. Hell, maybe I have started a trend. :biggrin:

At the end of the day, we all need to find humor in everything we can.

Banking, like medicine, auto repair, and everything else is full of greedy little villians who are consumed with dishonesty and greed. And as I mentioned in the original thread that banking is certainly not ran by priests and nuns. I, as a banker with 10 years of experience, cringe more times than I would like to count at the "do what is right for the customer" pledge by my company that is compromised daily...compromised by the greed of many that work and run this organization. I do have a choice, in the position I have, to do what is right, and attribute much of my success to doing just that.

Just tonight, saw another Allstate commercial, with the usual "we will be there for you" insurance jibberish, and I am reminded of a family I know well who were dropped by them, having only two claims in 34 years, the first decades ago for minor storm damage, and the latter due to a house fire caused by a dryer, which Allstate claims "could have been prevented". Not in good hands...

Hey, we all just need to be cautious, learn as much as possible and march ahead! Places like resellerratings.com and angieslist are gaining popularity because consumers are weary.

Rock on!!! :biggrin:

 

[donwon]

Appraisals typically run $300-$350 in Phoenix....

Yah ... $350-$450 here. 313 sounds about right if not good. I cant see anyone doing for less than 300 Any less than that and you get what you pay for. (Steveny story comes to mind) Depends on the lenders. Some banks use an AVM, and if it comes out past a certain LTV, they wont require it. Any loan that will be sold on the secondary market will require a FNMA approved appraisal.

 

[transdzn]

I thought it was funny. :biggrin:

Good to see somebody have a humorous side in life.

 

[deedubb]

I thought it was funny. :biggrin:

Good to see somebody have a humorous side in life.

That is rare around these parts. Save the URL to this thread.

 

[zahntech]

I thought it was funny. :biggrin:

Good to see somebody have a humorous side in life.

Thanks!....I was giggling like a little girl the whole time I was writing it:tongue: ...I haven't giggled like that since...well...since I was a little Girl!....oh wait..I mean Boy...did I say that out loud?...:redface: :redface:

 

[Carguy!]

I thought it was funny. :biggrin:

Good to see somebody have a humorous side in life.

The posts in the "other" thread about the brothel and the hand lotion was funny! This one just seemed like a cheap shot to me against someone who was just trying to help someone else out.

 

[zahntech]

The posts in the "other" thread about the brothel and the hand lotion was funny! This one just seemed like a cheap shot to me against someone who was just trying to help someone else out.

The guy that got the "cheap shot" has a sense of humor.:smile:

 

[docmental]

Thanks!....I was giggling like a little girl the whole time I was writing it:tongue: ...I haven't giggled like that since...well...since I was a little Girl!....oh wait..I mean Boy...did I say that out loud?...:redface: :redface:

Just in case if you need professional help, here's my number:biggrin: .......
And I promise I would even charge you honest outragious professional fees:biggrin: