Not only is Fairbanks Capital corrupt with the mortgage end of homeownership, they are corrupt with REO sales as well. After they repo the homes, now they are trying to sell them for twice their worth, and lie about the problems with the house, saying they "don't know" and it is As-IS. They know full well about these houses. I tried to buy one from them that had every radiator in the house burst, and it needed new floors, new water heater, and an entirely new heating system.
PLUS the garage roof need replacing entirely. So much water damage, it needed a good 50 grand of work. Fairbanks is selling this house at full assessed value, before the damage. The refuse to even consider less than their asking. What a bunch of disgusting rip offs. They also work with dishonest real estate agents, so be very wary. Don't do business of any kind with Fairbanks, either mortgage or REO.
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