Fisher Enterprises, LLC
David Franklin Kept $2,500 refundable retainer fee and did not provide any financing and did not provide any documentation of their effort to obtain financing for us

We were recommended to Fisher Enterprises by a local broker in June. We provided them a 17 page business proposal, our current financial status, 3 years of tax returns and credit scores. We received a preapproval for our loan in June. Fisher requested us to wire them a refundable retainer fee in the amount of $2,500 that was to be refunded if Fisher could not obtain financing.

We wired the money on July 2. Did not hear anything back from them until a week later when I followed up with an email asking if they had received our money, still nothing, I resent the same email. With that I received a response that they had received the money and were working on it.

Two weeks go by and again, I send an email asking for a status, no response, I forwarded the same email asking for a status. I then received a status that it was in underwriting and we'd hear something back in the middle of the following week. We did not hear anything again, until a week and a half later when I sent another email asking for a status, again, no response and I then had to resend the email and at that time I was told that we'd hear something by the end of the following week. Again, we heard nothing and I had to send 2 emails asking for a status.

This pattern went on until Sept 10 when I finally said that we were losing hope and is there anything that they can do? With that I got a response saying we didn't qualify for their financing... It took 3 months for them to tell us we didn't qualify. I have received no proof of them doing any work on our behalf to any lenders.

We provided them with all our financial information before sending the retainer. If they felt at that time we wouldn't qualify (it was very detailed information) they should not have told us we were pre approved and request a retainer. When I asked for my refund, David Franklin told me that no refund was due because his company works hard and it costs them a lot of money to do their work. Again, I have no proof that they did anything after receiving our $2,500 because I did not receive any letters of non approval, or anything. I honestly feel that if I didn't keep following up, I never would have heard from them again. During this entire process, this company never reached out to us first, we had to keep asking for statuses and even with that it took 2 times before we'd get a delayed response saying "next week"

This company is a SCAM & RIPOFF. Do not send them money... You will lose it regardless of what their letter / contract states. They have no intentions of refunding the money or doing any work on your behalf. I have seen no proof that any work was done on our behalf in trying to get a mortgage. Any other financial institution or broker sends correspondence on their behalf so that you can see what they've tried to do.

In their contract it states that if there is a dispute between the two parties, you have to dispute it with the American Arbitration Association out of New York, well, we live out of state and it's not convenient to go to New York and the AAA also asks for a non-refundable retainer fee of $250. So they've got you there too because Fisher knows that if you're out of state, you're most likely not going to incur the travel expenses to fight them. So, hopefully word of mouth about how they rip people off will go a long way and they will either become an honest company and refund retainers when they don't deliver or they will soon be out of business. You can't operate a business this dishonestly for too long without some form of repercussion.

Company: Fisher Enterprises, LLC
Country: USA
State: New York
City: New York
Address: 200 West 57th Street, Suite 602
Phone: 2122231044222
Site: fisherenterprisesllc.com

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