Public Mediation

Not trusting First Tennessee Bank and Bailey and Associates Appraisers

F. S. vs. First Tennessee Bank/Mortgage
United States
Amount Involved: Other terms
View less
Rate or Review on First Tenness...
Become an online mediator
  • Review this case.
  • Propose your solution.
  • Win the reward (1,000)
Statement of Claim
Complaints Involved (2) - View
Claimant says:
"On August 3rd, 2010, I met with a Mortgage Loan Officer for First Tennessee Bank reference to re-financing our home at a lower interst rate. We were told that the bank will go through the VA and have a Appraiser come to the home. A person from Bailey and Associates Real Estate Apprisier in Kingsport came to the house and after looking at the house, he file a report stated that my home was a manufacuted home and not a modular home. I received a letter from the bank personnal stated that the appraiser stated that since the home has a red decal, this home is not a modular. The bank would not refinance the mortagae and that I will pay for the appraisal of $500, which the money will be taken out of my checking account at First Tennessee Bank. Knowing that the appraisal was not right, I checked with the business where I purchased my home and they assured me that the home is a modular. I then called State of Tennessee Dept of commerce and housing/Manufactured Housing section and was told to go outside the home to see if I see a red tag/decal on the left front corner of the home. I went outside and found no decal anywhere attached to the house. Inside the home there was a green decal that states,"This modular building unit, etc."
I then went to the dealership where I brought my home and I was shown where the red decal was located. I took several pictures of a home that had the decal and took pictures of the my home at each corner to show no red decal. I took these pictures to First Tennessee Bank in Greeneville and showed them that my home did not have a red tag and that appaiser file a false report to the bank and that I should not have to pay the $500.
After waiting for couple of weeks, I was informed that the bank personal spoke to the person who file the appraisal report and they will stick with the report no matter what the pictures or the information I had to prove that my home was a modular. I requested for the bank personal that I should not have to pay for the Appraiser for filing a wrong report. The appraisal report also show that when the appraiser completed his work, in the design section of there report, it states "modular". I again spoke to Bank personal/Mortage section arguing my information and I was told that they will stick with the report and remove the money from my checking account. The only reason I did not get the finance was because of the report that states that my home had a red decal. I even had a letter from Engineering Manager at Norris Homes and he stated that home was a on frame modular home. This was also sent to the bank/mortgage departmen.
I have the evidence to prove the report was wrong and the appraiser filed a false report, I should not have to pay for the service."
...
Reply Have a similar problem?
What Claimant Wants Hide
Just make me happy!
Claimant invites First Tennessee Bank/Mortgage to make a fair offer to resolve this complaint.
  • 0
Do you agree with the claimant’s demands?  (If you are a party to this claim, click here.)

Respondent's Counteroffer

There has been no response to this claim from First Tennessee Bank/Mortgage. This claim will remain posted until resolved
See how PeopleClaim Works
Get fast access to our Resolver community, for...
  • help with a PeopleClaim or any other complaint
  • assistance with a purchase or contract
  • expert advice
Other PeopleClaim resolvers
Want to see more? Search our directory of resolvers.
Get Free alerts when claims post in your area.
Get Alert
Cases seeking help
Pick a case. Help resolve it.
Need help resolving a dispute? Learn more.
Help resolve claims against businesses and people near you:
View more claims

Public Mediation

The shortest path from your problem to its resolution.
1
Peer to Peer

Engage the other party and use powerful tools to negotiate the best resolution.

Free
If Unresolved
2
Community Resolution

Post your case online and get help from legal professionals, industry experts, consumers & advocates competing to find the best resolution to your claim.

$14.99 + optional reward for best resolution
Full refund if not resolved to your satisfaction
If Unresolved
3
Private Mediation

Lets you mediate your case privately with the help of our professional mediators and industry experts.

Free to claimant. Mediator fees negotiable.
If Unresolved
4
Engage a Professional

Find the best community-reviewed professionals near you to resolve your issue in private online mediation or traditional court/mediation.

Resolution

A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart.

I am (not) alone, and I feel the charm of existence in this spot, which was created for the bliss of souls like mine...~ Goethe

Get a public verdict — create an online trial $50 public trial / $50 reward for successful resolution
Important: All information contained herein is the opinion of the posting parties, who are solely responsible for its content. PeopleClaim offers both free and paid services to help consumers, patients, employee, tenants, and others resolve disputes without lawyers or courts, through negotiated online settlement and public disclosure of wrongdoing or unfair treatment.
Claims against parties operating under bankruptcy protection, by law must be processed solely through the appropriate US bankruptcy court. Any claims against this party currently posted on PeopleClaim are available for purposes of public business review only and are not an attempt to collect money or recover assets subject to protections under the United States Bankruptcy Code.
*IMPORTANT: PeopleClaim is a public dispute resolution system, independent of the BBB, small claims court, or other dispute resolution services. PeopleClaim is not a law firm and does not provide legal services, opinions, or advice. PeopleClaim facilitates peer-to-peer negotiation and resolution and crowdsourced input on issues of fairness to help resolve complaints. Users should contact professional legal counsel on any matters of law or regulation regarding their claims. PeopleClaim does not review or evaluate the merits of claims submitted through its site, and users are solely responsible for all content filed in their claims.
© reserved by PeopleClaim