Complaint information
  • Author: jmb27
  • Date: 04.19.2011
  • 0
 (Votes #: 0)
04.19.2011

David Bickell
REMAX: David Bickell DECEPTION

This is a Complaint / Review about David Bickell.


REMAX: David Bickell was the President of the Indianapolis Metropolitan Board

of Realtors in 2008.

According to MIBOR: 1. "REALTORS shall be

careful at all times to present a true picture in their advertising

and their representations to the public." 2. "The Code of Ethics is a

promise to the public that when dealing with a real estate agent who

is a REALTOR, they can expect honest and ethical treatment in all

transaction- related matters." 3. "Only REALTORS pledge to abide by

the Code of Ethics, and only REALTORS are held accountable for their

ethical behavior."

As the President of MIBOR, David Bickell did absolutely nothing to protect my interest. He watched Scott Veerkamp's sting operation collect $26,000 at my expense. Unfortunately, the REMAX organization consistently uses "Bait and Switch" tactics to deceive the public. Here is an example...

Scott Veerkamp (NAR): "You can trust our Realtors to always keep your interest first and foremost."

Loan 1: (Property value $150,000) A. $4,799 yield spread premium B. $500 processing fee C. $250 document preparation fee D. $50 courier fee E. $35 electronic filing fee F. $425 administration fee (lender fee)

Loan 2: (Property value $120,000) A. $1,440 yield spread premium B. $960 application fee C. $1,920 in "discount points" (paid to Scott Veerkamp) D. $409 administration fee (lender fee) E. $150 underwriting fee (lender fee)

NAR: "How To Avoid Predatory Lending"

http://www.realtor.org/home_buyers_and_sellers/how_to_avoid_predatory_lending

The Center For Responsible Lending:

http://www.responsiblelending.org/mortgage-lending/research-analysis/ib-ysp-110507-final.pdf

CRL and Equity Theft:

http://www.responsiblelending.org/mortgage-lending/tools-resources/ib011-YSP_Equity_Theft-0604.pdf

Jeff Merkley and Yield Spread Premium:

http://merkley.senate.gov/newsroom/press/release/?id=A09C6A80-537A-4EB1-83C5-31925F046B6F


Thank You for reading of this Complaint / Review. For viewing of other complaints, reviews or scam reports about David Bickell, press here.
Complaint author: jmb27

Offender: David Bickell

Country: USA
State: All USA

Category: Real Estate

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