Verico Brokers for Life Inc Reviews (1)
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Verico Brokers for Life Inc Rating
Address: 2nd Floor 5303 91 St NW, Edmonton, Alberta, Canada, T6E 6E2
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Initial Business Response /* (1000, 5, 2015/04/29) */
The Customer did contact our brokerage firm for financing and our associate [redacted] And yes they did pay for the appraisal. It is standard practice for an applicant to pay for the appraisal, especially if it non-traditional financing....
According to the real estate act the appraisal belongs to whom ever orders it which was [redacted].It is the brokerages discretion on whether to release the appraisal. It is a similar process when dealing with a financial institution. Financial Institutions rarely provide a copy of their appraisal. The reason for holding the appraisal is based on ethics and the potential mortgage fraud that the complainant told [redacted] that he and the seller were about to enter into, so we have chosen not to have our name which is on the appraisal associated with the client or any of his future actions.
[redacted]
Initial Consumer Rebuttal /* (2000, 7, 2015/05/01) */
(The consumer indicated he/she ACCEPTED the response from the business.)