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Hard Equity Financing

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Category: Business & Finances

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United States

Hard Equity Financing Reviews

PCT March 28, 2011
Fraud
Our Office sent Hard Equity Financing $1, 900.00 in May 2010 because we were approved for a Blanket Loan in the amount of $55, 000.00 and their office sent our office documents (LOI) and underwriting agreement stating we were approve for a a loan.

However, after several weeks of their office asking for miscellaneous documents and completing a BPO (Broker Price Opinion) for each property, we received several e-mails giving us a closing date, but at the last minute Hard Equity Financing sent an e-mail stating that due to doing another BPO the value of the properties were not the same and the property value was no long the same in 3 weeks for the initial BPO.

Bull Shit!!

It's been over 3 months and we have not received a refund for the $1, 900.00 sent to their office and our staff has been unable to get anyone on the telephone and their contract states if there is not loan there will not be a fee, but why has it bee over 3 months and we have not received our funds.

Is Hard Equity Financing a Scam/Fraud/Rip Off/ Financial Game to use other people money to make money?

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