Pioneer Homes
Home buying

In June/July I agreed to buy a new house from Pioneer Homes in the Fort Worth area. I applied for credit with their mortgage company, and got a rate of 9% interest. I found another lender who approved me at 7%. Close to the time of closing, when my mortgage company got the house appraised, the appraisal came lower than the selling price, by about 5 - 6 thousand dollars. When I discussed this with Pioneer Homes, their response was to drop the prce $500. I then told them no, as I was not going to pay any more than the appraised value, their response to me was, let us talk to our mortgage company and get them to finance the full amount. My response was, why should I pay 2% higher interest & how can they get it appraised higher? Just to get my business. I than backed out & still have not received my $500.00 earnest money back, nor the deposit I paid on upgrades. My complaint here is a reputable company is willing to get a false appraisal, & also they have not bothered to send my money back.

Company: Pioneer Homes
Country: USA
State: Texas
City: Houston
Address: 7676 Woodway

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